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Training Catalog: Course Description

Graphic Course: Web Conference TrainingWorkout Prospector for Non-Modification Workouts Graphic
       
  Description:    
 

This 90 minute webinar will help Servicers understand how to use Freddie Mac's Workout Prospector online application tool. This session is beneficial to individuals who analyze and structure foreclosure alternatives such as short payoffs and deeds-in-lieu.

 
       
  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
  • Attending the Workout Prospector for Modifications webinar is recommended
  • Course materials will be emailed prior to the start of the session
 
       
  Objectives:    
 

Learn how to use Workout Prospector to enter your foreclosure alternatives for non-eligible modification loans. Gain efficiencies in your loss mitigation process when gathering, analyzing, and submitting data to Freddie Mac.

 
       
  Topics:  
 
  • Workout Prospector functionality
  • Overview of the eight basic WP screens
  • Discuss the business plan
  • Review of warnings
  • How, when and what to send to Freddie Mac



Session times show Eastern Time zone