Servicing Freddie Mac mortgage loans involves unique information data and reporting requirements for the investor reporting specialist. Investor Reporting Requirements: Freddie Mac introduces terms and specific data requirements for successful monthly Freddie Mac reporting and reconciliation.

The Freddie Mac Investor Reporting Requirements course begins with a discussion of how servicers communicate with the investor using EDI and the Service Loans Application. Next, it presents reporting requirements, discussing frequency, calculated interest, and guideline requirements. The course then explores remittance options and schedules. The course presents various methods used for reconciliation, reviewing how reports from the servicer to Freddie Mac and from Freddie Mac to the servicer are reconciled. Finally, the course concludes with information about servicing transfers with Freddie Mac loans, including concurrent and subsequent transfers.

This is a single-family/residential course.

Topics:

• Communication with Freddie Mac
• Reporting to Freddie Mac
• Remitting
• Reconciliation
• Servicing Transfers

Seat time approximately 1 hour.

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