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Guide Adobe PDF icon
Correspondent Services – Custodial Mortgage Accounts (CMA)

Although it looks like your IDEAL Way account and pays the same interest rate, a Custodial Mortgage account (CMA) is a completely separate account. Use one or more CMAs to handle the principal and interest or tax and insurance payments you collect for FNMA, FHLMC, GNMA, and other private issuers. Earn hard-dollar interest on all CMA balances. Interest is credited to your primary IDEAL Way account on the first day of the month. Balances are not reduced by reserve requirements.

 
 
Correspondent Services Forms and Applications
Correspondent Services Control Standards for Members Adobe PDF icon