Difference between revisions of "FM SFLP.Borrower Assistance Plan"
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== Definition == | == Definition == | ||
<b>Borrower Assistance Plan</b>: 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. | <b>Borrower Assistance Plan</b>: 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. | ||
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* 7 = Not Applicable | * 7 = Not Applicable | ||
* 9 = Not Available. | * 9 = Not Available. | ||
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The field belongs to the [[FM SFLP Template]] | The field belongs to the [[FM SFLP Template]] |
Revision as of 19:09, 16 May 2024
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