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Training Catalog: Course Description

Graphic Course: Recorded Web ConferencesMandatory Servicing Retained WAC ARM Contracting Graphic
       
  Description:    
 

This 45-minute Recorded Webinar, available 24/7, provides Secondary Marketing/Contracting staff the basics for selling your Adjustable Rate Mortgages (ARMs) for cash as part of our Weighted Average Coupon (WAC) ARM offerings via Freddie Mac's selling system.

 
       
  Prerequisites:  
 
  • Participants must complete the 17-minute recorded webinar Introduction to the Selling System prior to participating in this webinar
  • This session is for employees of approved Freddie Mac Seller/Servicers only
  • Internet-connected computer with sound
  • Refer to Course Materials during the session
 
       
  Objectives:    
 

Understand how to execute a mandatory servicing retained contract containing weighted averages from ARM loans allocated to the contract.

 
       
  Topics:  
 
  • Benefits of WAC ARM Cash Execution
  • WAC ARM Contract Features
  • Weighted Average Calculations
  • Yield Maintenance Fees
  • Take Out a WAC ARM Contract
  • Allocate ARM Loans to Contract

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Note: This recorded course is available 24/7. Click on 'Recorded Webinar' above to attend. Do not select the 'Course Availability' button below.