Is there disadvantage to using Notice of Default Purchase Agreement over RPA?

I notice that most of the big investors rarely put their offers on a Notice of Default Purchase Agreement,

they are all on a standard one, in California the Residential Purchase Agreement.

Is there a disadvantage to using the NDPA? Are there any Freddie Mac restrictions concerning investors over other buyers?

Thanks! (could not find how to thank Kevin for his last answer, so thanks.

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