Advanced Search

Balloon/Resets

Use the following resources to learn how to process modifications and extensions for maturing balloon/reset mortgages.

Easy to Print References
2008 Due Date Calendar for Monthly Reporting and Remitting [PDF 97K]
Balloon/Reset Best Practices [PDF 73K]
Balloon/Reset Mortgages FAQs [PDF 54K]
Investor Reporting & Remitting Training and Education Resources [PDF 323K]     Updated
Servicing Maturing Balloon/Reset Mortgages Quick Reference [PDF 65K]

Secured Resources for Servicers
More Balloon/Resets Resources restricted access
You will need your Mortgage Servicing Products ID and password to access these materials.

Online Self-study
Servicing Balloon/Reset Mortgages for the Beginner - 85 min

Training Events workshop Workshop     webevent Web Event
Servicing Balloon/Reset Mortgages web event - 90 min

Additional Online Resources
Form 1134 [DOC 298K]

Freddie Mac's Single-Family Seller/Servicer Guide
  • Chapter 83: Additional Servicing Requirements for Maturing Balloon/Reset Mortgages
  • Exhibit 80: Balloon Loan Modification
  • Exhibit 85: Special Reset Mortgage Title Insurance Information
  • Form 1074: Freddie Mac Reset Mortgage Confirmation

© 2008 Freddie Mac