In today's mortgage market, the success of your organization requires that you be grounded in the foundation of strong and thoughtful underwriting. With market changes, and new personnel entering the mortgage finance field, the need for training on the fundamentals of mortgage origination is in demand.
In this interactive 90-minute webinar we will review our requirements, guidelines and policy changes for asset calculation and documentation to help ensure that borrowers have acceptable and sufficient funds.
This training will focus on the borrower's funds in the transaction. We will also discuss documentation deficiencies, best practices and source of funds validation.
If your role and responsibilities are in mortgage loan origination, loan closing, or quality control, you will benefit from this training.
This session is for Freddie Mac-approved Seller/Servicers ONLY, and not for the general public
Simultaneous access to the Internet (to receive the visual presentation) and a telephone (to receive audio)
Course materials will be e-mailed to attendees prior to the start of the session
To develop your knowledge and interpretation of recent policy changes pertaining to the borrowers' assets.
To understand Freddie Mac's requirements for acceptable sources of funds and supporting documentation requirements.