FM SFLP.Borrower Assistance Plan

Definition

Borrower Assistance Plan: An indicator that denotes the type of assistance plan that the borrower is enrolled in that provides temporary mortgage payment relief or an opportunity for the borrower to cure a mortgage delinquency over a defined period.

Notes

• Such Borrower Assistance Plan indicator as of the respective reporting period .
  • F = Forbearance Plan
  • R = Repayment Plan
  • T = Trial Period Plan
  • O = Other Workout Plan
  • N = No Workout Plan
  • 7 = Not Applicable
  • 9 = Not Available.
• The field belongs to the FM SFLP Template

Field Characteristics

• FM SFLP Field Index: 102
• Column Label: FORBEARANCE_INDICATOR
• Data Type: Choice
• Data Maximum Length: X(1)
• Temporal Classification: Performance
• Data Category: Forbearance

Implementation

• openNPL repository

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• Mortgage Modeling Courses

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Disclaimer

This information is provided as is. Refer to the FM SFLP Template for pointers to definitive instructions about hte SFLP data templates