Investor Reporting with Confidence: Best Practices for Reconciling Actual/Actual Loans
What will I learn?
This webinar presents best practices for daily and monthly remitting, reporting, and reconciling activities. After attending this webinar, you will be able to determine that the data you see in your organization’s systems accurately correlates with the data you provide to Fannie Mae. You will also recognize how the data that Fannie Mae makes available in our investor reporting process correlates to the reports that your organization uses for investor reporting.
In addition, after participating in this webinar, you will remember the required monthly reporting actions that affect reconciliation and be able to integrate Fannie Mae’s best practices into your processes to perform reporting activities throughout the monthly cycle. Lastly, you will be able to conduct a remittance reconciliation at the appropriate time and use the results of the remittance reconciliation to make corrections and adjustments before the conclusion of the monthly remittance timeline.
Do I have the right experience and background?
Investor reporting content presented in this webinar is at the intermediate-to-advanced level. You should have experience with A/A investor accounting, be able to access Fannie Mae’s Servicer's Reconciliation Facility™ (SURF™) application, know the definition of “hard” and “soft” rejects, and understand the procedures for reconciling Fannie Mae Schedules 1, 2, and 3.