Edit, Download, and Sign the Freddie Mac Form 988SF Certificate of Incumbency
Form
eSign
Add Annotation
Share Form
How do I fill this out?
To fill out this form, gather the necessary information about the Seller/Servicer and authorized employees. Make sure to have the resolutions and signatures ready for verification. Follow the prompts in each section to complete the required fields accurately.
How to fill out the Freddie Mac Form 988SF Certificate of Incumbency?
1
Gather the required information about the Seller/Servicer.
2
Identify and list the authorized employees and their roles.
3
Attach the resolution from the Board of Directors.
4
Ensure all signatures are genuine and correctly placed.
5
Submit the completed form to Freddie Mac.
Who needs the Freddie Mac Form 988SF Certificate of Incumbency?
1
Banks, as they require this to authorize transactions with Freddie Mac.
2
Credit Unions, needing to certify their authorized personnel.
3
Savings and Loan Associations for compliance with funding directives.
4
Corporations involved in servicing mortgages.
5
Limited Liability Companies that participate in loan buying or servicing.
How PrintFriendly Works
At PrintFriendly.com, you can edit, sign, share, and download the Freddie Mac Form 988SF Certificate of Incumbency along with hundreds of thousands of other documents. Our platform helps you seamlessly edit PDFs and other documents online. You can edit our large library of pre-existing files and upload your own documents. Managing PDFs has never been easier.
Edit your Freddie Mac Form 988SF Certificate of Incumbency online.
Editing this PDF on PrintFriendly is seamless and user-friendly. Select the sections you wish to modify and make your changes directly in the document. Save your edits easily for future reference or printing.
Add your legally-binding signature.
Signing this PDF on PrintFriendly is a straightforward process. Use your adopted Electronic Signature to authenticate the document. Ensure your signature is applied in the designated space for validation.
Share your form instantly.
Sharing your PDF on PrintFriendly is quick and efficient. Utilize the sharing options to send the document link directly via email or social media. Ensure your recipients have easy access to the shared file.
How do I edit the Freddie Mac Form 988SF Certificate of Incumbency online?
Editing this PDF on PrintFriendly is seamless and user-friendly. Select the sections you wish to modify and make your changes directly in the document. Save your edits easily for future reference or printing.
1
Open the PDF document in PrintFriendly.
2
Select the areas you want to edit.
3
Make the necessary changes or additions.
4
Review your edits for accuracy.
5
Save and download the updated document.
What are the instructions for submitting this form?
Submit Form 988SF via the email designated by Freddie Mac or through their online submission portal. Ensure all fields are accurately filled and verified with necessary signatures. For any inquiries regarding submission, contact the customer service center of Freddie Mac for assistance.
What are the important dates for this form in 2024 and 2025?
The relevant important dates revolve around the effective date of the form revisions. Make sure to adhere to the regulations set forth in the Freddie Mac Single-Family Seller/Servicer Guide, effective 06/08/22. Regular updates are generally published annually.
What is the purpose of this form?
The purpose of Form 988SF is to certify the authority of individuals to act on behalf of the institution in transactions with Freddie Mac. It serves to provide a clear documentation trail for all financial operations involving wire transfers and other electronic transactions. By maintaining accurate records, it ensures compliance and facilitates smoother processing of transactions.
Tell me about this form and its components and fields line-by-line.
- 1. Name: The full name of the authorized employee.
- 2. Position/Title: The job title of the authorized employee.
- 3. Signature: The signature of the authorized employee.
- 4. Telephone: Contact number of the authorized employee.
- 5. E-mail Address: Email for electronic communications.
What happens if I fail to submit this form?
Failure to submit Form 988SF can lead to delays in processing transactions with Freddie Mac. This may result in funding delays or missed deadlines for important financial operations.
- Processing Delays: Incomplete or missing forms can cause significant delays in funding.
- Returned Funds: Incorrect information may lead to returned funds.
- Non-compliance: Failure to comply with regulation can jeopardize agreements.
How do I know when to use this form?
- 1. Initial Setup: When setting up new authorized employees for transactions.
- 2. Modifications: To change the details of current authorized personnel.
- 3. Compliance Checks: During compliance reviews by Freddie Mac.
Frequently Asked Questions
What is Form 988SF?
Form 988SF is a Certificate of Incumbency required by Freddie Mac.
Who needs to fill out this form?
Banks, credit unions, and other financial institutions need to fill out this form.
How can I fill out this form?
You can fill out the form by entering the required information directly in PrintFriendly.
What if I need to add more authorized employees?
You can edit the PDF to include as many authorized employees as needed.
How do I sign the document?
You can apply your Electronic Signature in the designated area.
Can I download the edited form?
Yes, you can download the modified form from PrintFriendly.
What happens if I make a mistake?
You can easily go back and edit the fields as needed.
How do I share the form with others?
Use the sharing options available in PrintFriendly after editing.
Is this form mandatory?
Yes, it is necessary for transactions with Freddie Mac.
Who verifies the signatures?
Freddie Mac verifies the signatures as part of their transaction approval.
Related Documents - Form 988SF
Authorization to Change Direct Deposit Form
This form is for notifying organizations of changes to your direct deposit account. Complete and sign this form and send it to the companies handling your direct deposits. The form includes sections for personal information and new account details.
Sprouts Farmers Market 2023 Annual Meeting Proxy Statement
This document contains details about the 2023 Annual Meeting of Stockholders for Sprouts Farmers Market, Inc. It includes information on the meeting date, items of business, and instructions for proxy voting. Access to proxy materials and voting instructions are also provided.
Canara Bank API Banking Application Form
This file is an application form for Canara Bank's API Banking services for corporate entities. The form includes sections to provide company details, technical specifications and authorized personnel. It requires the applicant to declare understanding and acceptance of terms and conditions related to the service.
Odyssey Plan Assignment Guide: Create Your Future in 3 Steps
This file provides the guidelines and templates for creating three distinct 5-year Odyssey Plans. It encourages creative visual representations and exploration of multiple life possibilities. It is designed to help users test assumptions and gain new insights about potential life paths.
BMW Financial Services Business Application Form
This form is used to apply for various financing options through BMW Financial Services, including lease, retail, pre-pay lease, and OwnersChoice. It collects detailed information about finance, vehicle, business, banking, and personal guarantor information. Instructions and certifications required for business entities and personal guarantors are included.
Savings Account Application Form - The Co-operative Bank
This application form is needed to apply for a savings account with The Co-operative Bank. It requires personal information, tax status, and account preferences. Follow the instructions carefully for successful submission.
Union Bank of India Simplifies Form 15G & H Submission via WhatsApp
Union Bank of India has simplified the annual submission of Form 15G & H by enabling online submission via its WhatsApp channel Union Virtual Connect in association with RBIH. This initiative aims to make the submission process easier for senior citizens and tech-savvy customers. It provides banking services in 7 different languages through WhatsApp.
SBI Account Opening Form for Resident Individuals
This file is an account opening form for resident individuals of SBI. It includes detailed sections that need to be filled for creating a Customer Information File. The form must be accompanied by terms and conditions and is suitable for various types of accounts including saving bank, current account, and term deposits.
Wells Fargo Auto Dealer Profile Form
This document contains information and instructions for Wells Fargo Auto Dealers on completing the Dealer Information Sheet, ACH Profile Authorization Form, and Franchise Dealer Profile. Dealer's details, bank account information, and dealership legal details are required.
PA-40 A: 2023 Interest Income Schedule A Instructions
This file provides the instructions and details for completing the PA-40 Schedule A to report interest income for Pennsylvania tax purposes. It includes information on taxable interest, required schedules, and specific line items. Instructions for filling out, editing, and submitting the form are also provided.
Internet Banking Application | BANKWEST
This file contains the application form for BANKWEST's Internet Banking service. Users are required to provide their personal details and sign the document. The form is mandatory to open an Internet account with BANKWEST.
Subcontractor Direct Deposit Authorization Form
This form is used by subcontractors to authorize direct deposit of their pay into a chosen checking or savings account. It allows the company to make automatic payroll deposits. The form requires financial institution details and account information.