source:
  type: regulation
  id: fhlmc-9202
  authority: "Freddie Mac Single-Family Seller/Servicer Guide Chapter 9202 — Evaluating the Borrower"
  description: 'Chapter 9202 of the Freddie Mac Single-Family Seller/Servicer Guide

    establishes how to evaluate the Borrower for loss mitigation:

    delinquency/imminent-default classification, verification of Borrower

    hardship, Borrower income documentation, Mortgage characteristics

    and terms analysis, and determination of the best course of action.

    NOTE: actual title is "Evaluating the Borrower", not "Repayment Plans".

    '
obligations:
- id: fhlmc-9202-verify-borrower-income
  canonical_id: fhlmc-9202-verify-borrower-income
  section: "Freddie Mac Guide Section 9202.1(c)(i) — Verification of income"
  description: '[LENDER] must verify the income for all Borrowers on the Note when

    evaluating a Borrower for certain workout or relief options, supported

    by documentation that is not more than 90 days old as of the date the

    Servicer first determines the Borrower submitted a complete Borrower

    Response Package.

    '
  type: do
  audit_question: Can [LENDER] evidence that, for every Borrower evaluated for a workout or relief option that requires income verification, all Borrowers on the Note had income verified using documentation no more than 90 days old as of the date the BRP was first determined complete?
  workflow_phase: servicing
  owner_role: loss_mitigation_specialist
  secondary_owner_role: compliance_officer
  cadence: per-loss-mit-event
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - fhlmc
  - freddie-mac
  - servicing-guide
  - loss-mitigation
  - income-verification
  - promoted
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide Section 9202.1(c)(i)
    source_class: fhlmc-guide
    source_url: https://guide.freddiemac.com/ci-guide
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-05-23T00:27:40Z'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: A Servicer must verify the income for all Borrowers on the Note when evaluating a
    drafter_attestation: Copied verbatim from Freddie Mac Guide snapshot 5869ee9e606cd4ae (Chapter 9202) at 2026-05-22.
  promoted_at: '2026-05-23T01:00:52+00:00'
  promoted_from: fhlmc-9202-roundb-v1.yaml
  program_review: Does the program ensure that, for workout/relief options requiring it, income for all Note Borrowers is verified with documentation ≤90 days old as of the date the BRP was first determined complete?
  file_review: For income-verified workouts, confirm all Note Borrowers' income was verified and the documentation was ≤90 days old at BRP-complete.
  judgment: false
- id: fhlmc-9202-gross-up-non-taxable-income
  canonical_id: fhlmc-9202-gross-up-non-taxable-income
  section: "Freddie Mac Guide Section 9202.1(c)(iii) — Grossing up non-taxable income"
  description: '[LENDER] must gross up all non-taxable income received by the

    Borrower only if the Servicer has documentation supporting the

    non-taxable nature of the income, must maintain such documentation in

    the Mortgage file, and must multiply the amount of the non-taxable

    income by 1.25 to compute the grossed-up amount.

    '
  type: do
  audit_question: Can [LENDER] evidence that, for every loss-mit evaluation in which non-taxable Borrower income was grossed up, supporting documentation of the non-taxable nature was retained in the Mortgage file and the 1.25 gross-up multiplier was applied?
  workflow_phase: servicing
  owner_role: loss_mitigation_specialist
  secondary_owner_role: compliance_officer
  cadence: per-loss-mit-event
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - fhlmc
  - freddie-mac
  - servicing-guide
  - loss-mitigation
  - income-grossup
  - promoted
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide Section 9202.1(c)(iii)
    source_class: fhlmc-guide
    source_url: https://guide.freddiemac.com/ci-guide
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-05-23T00:27:40Z'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: The Servicer must gross up all non-taxable income received by the Borrower only if the
    drafter_attestation: Copied verbatim from Freddie Mac Guide snapshot 5869ee9e606cd4ae (Chapter 9202) at 2026-05-22.
  promoted_at: '2026-05-23T01:00:52+00:00'
  promoted_from: fhlmc-9202-roundb-v1.yaml
  program_review: Does the program ensure non-taxable income is grossed up only with file-retained documentation of its non-taxable nature, using the 1.25 multiplier?
  file_review: Where non-taxable income was grossed up, confirm retained non-taxable documentation and the 1.25 multiplier.
  judgment: false
- id: fhlmc-9202-review-mortgage-characteristics
  canonical_id: fhlmc-9202-review-mortgage-characteristics
  section: "Freddie Mac Guide Section 9202.1(d) — Analyze the Mortgage characteristics and terms"
  description: '[LENDER] must review the Mortgage characteristics and terms to

    determine what effect those characteristics and terms have on the

    Borrower''s ability to cure the Delinquency and on the workout-option

    evaluation.

    '
  type: do
  audit_question: Can [LENDER] evidence that, for every Borrower evaluated under the loss-mitigation hierarchy, the Mortgage characteristics and terms were reviewed to determine the effect on the Borrower's ability to cure the Delinquency?
  workflow_phase: servicing
  owner_role: loss_mitigation_specialist
  secondary_owner_role: compliance_officer
  cadence: per-loss-mit-event
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - fhlmc
  - freddie-mac
  - servicing-guide
  - loss-mitigation
  - mortgage-characteristics
  - promoted
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide Section 9202.1(d)
    source_class: fhlmc-guide
    source_url: https://guide.freddiemac.com/ci-guide
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-05-23T00:27:40Z'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: The Servicer must review the Mortgage characteristics and terms to determine what effect
    drafter_attestation: Copied verbatim from Freddie Mac Guide snapshot 5869ee9e606cd4ae (Chapter 9202) at 2026-05-22.
  promoted_at: '2026-05-23T01:00:52+00:00'
  promoted_from: fhlmc-9202-roundb-v1.yaml
  program_review: Does the program ensure each hierarchy evaluation reviews the Mortgage characteristics/terms for their effect on the Borrower's ability to cure and on option selection?
  file_review: Confirm the file documents a characteristics/terms review feeding the workout evaluation. The compliance person judges whether the effect was adequately assessed.
  judgment: true
_promotion_history:
- promoted_at: '2026-05-23T01:00:52+00:00'
  candidate_path: obligations\_remediation\_round_b_drafts\fhlmc-9202-roundb-v1.yaml
  candidates_promoted: 3
  candidates_skipped_existing: 0
