Investor Accounting: Custodial Accounts

Use the following resources to help you reconcile your principal and interest custodial accounts.

Easy to Print References
Custodial Accounting Best Practices [PDF 112K]
Investor Reporting & Remitting Training and Education Resources [PDF 327K]
Understanding Custodial Accounts Case Study [PDF 3.6M]
Understanding Custodial Accounts User Guide [PDF 1.2M]

Online Self-study
Calculate Cash Receipts Variances - 34 min
Cash Disbursement Variances - 32 min
Cumulative Variance Log - 23 min
Custodial Account Review (CAR) - 16 min
Custodial Accounts: Establish & Maintain Accounts - 22 min
Escrow Custodial Account Reconciliation Worksheet Form 59E with line by line instructions [PDF 163K]
Escrow Reconciliation/Form59E - 27 min
Investor Accounting Overview - 34 min
P&I Reconciliation/Form 59 - 49 min
Principal and Interest Custodial Account Reconciliation Worksheet-Monthly Account Statement Form 59 with line by line instructions [PDF 278K]
Resolve Cash Receipts Variances - 64 min

Training Events Workshop Web Event
P&I Custodial Account Variances - 2 hrs
Understanding Custodial Accounts - 2 days

Chapter 76: Basics of Investor Accounting
Chapter 79: Managing Custodial Accounts
Exhibit 68: Cash Remittance System
Form 59: Principal and Interest Custodial Account Reconciliation Worksheet - Monthly Account Statement
Form 59E: Escrow Custodial Account Reconciliation Worksheet
Form 1057SF: Letter Agreement for Servicer’s Single-Family Principal and Interest or P&I Disbursement Clearing Custodial Account
Form 1058SF: Letter Agreement for Servicer's Single-Family Buydown or Escrow Custodial Account
Form 1059SF: Letter Agreement for Single-Family Principal and Interest or P&I Disbursement Clearing Custodial Account
Form 1060SF: Letter Agreement for Single-Family Buydown or Escrow Custodial Account