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Training Catalog: Course Description

Graphic Course: Recorded Web ConferencesShort Payoff & Make-whole Preforeclosure Overview Graphic
       
  Description:    
  This 70-minute Recorded Webinar will provide detailed information about Freddie Mac's requirements for short payoffs and make-whole preforeclosure sales. Collectors, Customer Service Representatives and Loss Mitigation staff will benefit from this training, available 24/7.  
       
  Prerequisites:  
 
  • This session is for employees of approved Freddie Mac Servicers only
  • Internet-connected computer with sound
  • Refer to Course Materials during the session
 
       
  Objectives:    
  Acquire knowledge on how to evaluate eligibility requirements, document and obtain approval to successfully close a short payoff and make-whole preforeclosure sale in your Freddie Mac portfolio.  
       
  Topics:  
 
  • Define short payoffs and make-whole preforeclosure sales
  • Determine if a short payoff can be a make-whole preforeclosure sale
  • Identify eligibility and documentation requirements
  • Obtain approval and closing procedures
  • Avoid common hurdles
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This recorded course is available 24/7. Click on "Recorded Webinar" above to attend. Do not select the 'Course Availablitiy' button below.