Freddie Mac Form 1062 PDF Details

In the world of mortgage lending and servicing, documentation and procedural adherence play a crucial role in ensuring financial transactions are conducted accurately and legally. Among such important documents is the Freddie Mac Form 1062, a sight draft form that serves a specific purpose in the realm of mortgage finance. This form, essentially, is a directive from Freddie Mac to its servicer or depository institution, instructing the transfer of funds to Freddie Mac's account. The format of the form is straightforward: it identifies the servicer or depository by name and address, specifies the amount to be paid to Freddie Mac (either as a sum certain or the total account balance), and provides detailed instructions for the payment transfer, including the Federal wire transfer details. Furthermore, it necessitates an authorized Freddie Mac official's signature, ensuring the request's legitimacy. Such a document underscores the efficiency and security measures integral to mortgage servicing and financial negotiations, particularly in facilitating the seamless transfer of funds between relevant parties.

QuestionAnswer
Form NameFreddie Mac Form 1062
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesf1062 sight form

Form Preview Example

 

FREDDIE

Sight Draft

 

MAC

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TO:

Name of Servicer or depository

Seller/Servicer number

Street address

City

 

State, Zip Code

 

 

 

DATE:

TIME:

Pay to the order of Freddie Mac the sum of $__________________ or, if no sum certain is specified,

the total balance held in account no. ___________________. Pay by Fed wire to credit of the account

of the Freddie Mac at Chase Manhattan Bank, New York, New York, ABA No. 021-0000-21, account no. 910-2-447498; reference sight draft and Seller/Servicer no. _______________.

Authorized officer, employee, representative, agent or attorney of Freddie Mac

(Signature)

Freddie Mac Form 1062 (2/2004), Page 1 of 1

How to Edit Freddie Mac Form 1062 Online for Free

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Filling in part 1 of Freddie Mac Form 1062

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