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Training Catalog: Course Description

Graphic Course: Recorded Web ConferencesServicing Balloon Reset Mortgages Graphic
       
  Description:    
 

This 62-minute Recorded Webinar defines Balloon/Reset Mortgages and provides an overview for those responsible for the servicing requirements throughout the loan's lifecycle. You will also hear answers to commonly asked questions.

 
       
  Prerequisites:  
 
  • This session is for employees of approved Freddie Mac Servicers only.
  • Simultaneous access to the Internet (to receive the visual presentation) and a telephone (to receive audio)
  • Refer toCourse Materials during the session
 
       
  Objectives:    
  Gain an understanding about the servicing process for Balloon/Reset Mortgages  
       
  Topics:  
 
  • What is a Balloon/Reset Mortgage
  • The Balloon/Reset Mortgage lifecycle and servicing requirements
  • Updating MIDANET® to obtain Balloon/Reset Mortgage reports
  • Commonly asked questions



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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.