Settlement Cycle

Settlement Cycle

The Settlement Cycle is the period during which Freddie Mac broadcasts the Pool to the Federal Reserve; publishes pool disclosure statistics; and prepares the Funding Detail Report and Form 15A or Form 15C, Loan Purchase Statement, as applicable. This period begins on the morning after the Final Delivery Date and ends on the Settlement Date. In addition, in Loan Selling Advisor®, the terms Settlement Cycle, funding cycle and purchase cycle can be used interchangeably.