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Form HUD-11709 Master Agreement for Servicer's Principal and Interest Custodial Account
What Is Form HUD-11709?
This is a legal form that was released by the U.S. Department of Housing and Urban Development on October 1, 2007 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is the Form HUD-11709?
A: The Form HUD-11709 is the Master Agreement for Servicer's Principal and Interest Custodial Account.
Q: What is the purpose of Form HUD-11709?
A: The purpose of Form HUD-11709 is to establish the terms and conditions for the custodial account that holds principal and interest payments for serviced mortgage loans.
Q: Who uses Form HUD-11709?
A: Form HUD-11709 is used by servicers of mortgage loans.
Q: What is a custodial account?
A: A custodial account is an account that holds funds for the benefit of a third party.
Q: What are principal and interest payments?
A: Principal and interest payments are the components of a mortgage payment that go towards paying off the loan balance and the interest charges.
Form Details:
- Released on October 1, 2007;
- The latest available edition released by the U.S. Department of Housing and Urban Development;
- Easy to use and ready to print;
- Yours to fill out and keep for your records;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of Form HUD-11709 by clicking the link below or browse more documents and templates provided by the U.S. Department of Housing and Urban Development.
