Difference between revisions of "FM SFLP.Borrower Assistance Plan"

From Open Risk Manual
 
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Such Borrower Assistance Plan indicator is as of the respective reporting period.
 
Such Borrower Assistance Plan indicator is as of the respective reporting period.
  
F = Forbearance Plan
+
* F = Forbearance Plan
R = Repayment Plan
+
* R = Repayment Plan
T = Trial Period Plan
+
* T = Trial Period Plan
O = Other Workout Plan
+
* O = Other Workout Plan
N = No Workout Plan
+
* N = No Workout Plan
7 = Not Applicable
+
* 7 = Not Applicable
9 = Not Available.
+
* 9 = Not Available.
 +
 
  
 
The field belongs to the [[FM SFLP Template]]
 
The field belongs to the [[FM SFLP Template]]

Latest revision as of 18:27, 17 January 2023

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