Training Catalog: Course Description

	Course:	Mandatory Servicing Retained WAC ARM Contracting

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