Freddie Mac Seller/Servicer Guide 5501.2: Reserves
Reserves are Borrower’s assets remaining after the Mortgage closing.
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 5501.2 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Calculation of reserves
- (b) Minimum required reserves
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.