FM SFLP.Borrower Assistance Plan

From Open Risk Manual

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 is 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)

Disclaimer

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