FM SFLP.Borrower Assistance Plan
From Open Risk Manual
Contents
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
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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