Freddie Mac Seller/Servicer Guide 8801.1: Servicing Cooperative Share Loans
This section contains information related to:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 8801.1 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Key terms for Cooperative Share Loans
- (b) Servicers of Cooperative Share Loans
- (c) Servicing requirements applicable to Cooperative Share Loans
- (d) Combined Cooperative Units
- (e) Amendments to the Proprietary Lease
- (f) Cooperative Share Loans recognized as personal property
- (g) Notifications to/from the Cooperative Corporation and insurers
- (h) Stock transfer fee (“flip tax”)
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.