Investor Accounting: Custodial Accounts

Use the following resources to help you reconcile your principal and interest custodial accounts.

Easy to Print References
Custodial Accounting Best Practices
Investor Reporting and Remitting Training and Education Resources Updated
Understanding Custodial Accounts Case Study
Understanding Custodial Accounts User Guide

Online Self-study
Custodial Accts: Cumulative Variances - 13 min
Custodial Accts: Identify Cash Receipts Variances - 40 min
Custodial Accts: Calculate Cash Receipts Variances - 19 min
Custodial Accts: Cash Disbursement Variances - 23 min
Custodial Accts: Establishing Custodial Accounts - 16 min
Custodial Accts: Investor Accounting Overview - 20 min
Custodial Accts: P&I Reconciliation/Form 59 - 32 min
Custodial Accts: Reconcile Escrow Custodial Accts - 16 min
Escrow Custodial Account Reconciliation Worksheet Form 59E with line by line instructions
Principal and Interest Custodial Account Reconciliation Worksheet-Monthly Account Statement Form 59 with line by line instructions
Servicing Technology Tools Overview - 36 min

Training Events Workshop Web Event
P&I Custodial Account Variances - 2 hrs
Understanding Custodial Accounts - 2 days

Freddie Mac's Single-Family Seller/Servicer Guide
Chapter 76: Basics of Investor Accounting Chapter 79: Managing Custodial Accounts Exhibit 68: Cash Remittance System Form 59: Principal and Interest Custodial Account Reconciliation Worksheet - Monthly Account Statement Form 59E: Escrow Custodial Account Reconciliation Worksheet Form 1057SF: Letter Agreement for Servicer’s Single-Family Principal and Interest or P&I Disbursement Clearing Custodial Account Form 1058SF: Letter Agreement for Servicer's Single-Family Buydown or Escrow Custodial Account Form 1059SF: Letter Agreement for Single-Family Principal and Interest or P&I Disbursement Clearing Custodial Account Form 1060SF: Letter Agreement for Single-Family Buydown or Escrow Custodial Account

Chapter 76: Basics of Investor Accounting
Chapter 79: Managing Custodial Accounts
Exhibit 68: Cash Remittance System
Form 59: Principal and Interest Custodial Account Reconciliation Worksheet - Monthly Account Statement
Form 59E: Escrow Custodial Account Reconciliation Worksheet
Form 1057SF: Letter Agreement for Servicer’s Single-Family Principal and Interest or P&I Disbursement Clearing Custodial Account
Form 1058SF: Letter Agreement for Servicer's Single-Family Buydown or Escrow Custodial Account
Form 1059SF: Letter Agreement for Single-Family Principal and Interest or P&I Disbursement Clearing Custodial Account
Form 1060SF: Letter Agreement for Single-Family Buydown or Escrow Custodial Account