Cash Reserves

Cash Reserves

Cash Reserves include all non-retirement liquid assets available for withdrawal or liquidation from all financial institutions. Such accounts include, but are not limited to, the following: • brokerage, mutual funds, checking, savings, money market or certificate of deposits, other depository accounts, and stocks; • other equity instruments such as marketable debt of federal, state, or local governments, Government-Sponsored Enterprises, corporations, and other businesses; and • other securities and commodities (including futures, traded on an exchange or marketplace generally available to the public) for which values can be readily verified using Schedules B (Interest & Dividends), D (Capital Gains & Losses), and E (Supplemental Income & Loss) of the Borrower's most recent federal tax return.