Training Catalog: Course Description

This 19-minute Recorded Web Conference provides detailed information about calculating your Cash Receipts Variance for your Freddie Mac Principal and Interest (P&I) custodial account. Learn how to complete the Cash Receipts to Amount Due Worksheet to calculate your Cash Receipts Variance.

This series of web conferences is designed to provide you with the information needed to effectively establish, maintain and reconcile Freddie Mac Principal and Interest (P&I) and Escrow custodial accounts. You may decide to participate in one or all of the following sessions, depending on your business needs.

• 1. Custodial Accts: Establishing Custodial Accounts
• 2. Custodial Accts: Reconcile Escrow Custodial Accts
• 3. Custodial Accts: Investor Accounting Overview
• 4. Custodial Accts: P&I Reconciliation/Form 59
• 5. Custodial Accts: Cash Disbursement Variances
• 6. Custodial Accts: Calculate Cash Receipts Variances
• 7. Custodial Accts: Identify Cash Receipts Variances
• 8. Custodial Accts: Cumulative Variances

• You must be an approved Freddie Mac Servicer to participate in this web conference.
• An Internet connection with a minimum connection speed of 28.8 kbps is needed to view this training session.
• You may wish to print and refer to the following course materials during the session: Course Materials

Participants should have a basic understanding of Freddie Mac's Investor Reporting and Remitting requirements, or attend the following workshops:

• Investor Reporting - Beginner
• Investor Reporting - Advanced

Learn to calculate your Cash Receipts Variance for your Freddie Mac Principal and Interest (P&I) custodial account.

• Definition of Cash Receipts
• How to calculate the amount due at the loan level
• Identify how the amount due relates to cash receipts
• Completing the Cash Receipts to Current Amount Due Worksheet