source:
  type: regulation
  id: fhlmc-9203.3
  authority: Freddie Mac Single-Family Seller/Servicer Guide §9203.3 — Forbearance plans and requirements (05/01/26)
  description: "Freddie Mac Guide §9203.3 (Forbearance plans and requirements). Gap-fill (verbatim, ID-diff). \n"
obligations:
- id: fhlmc-9203.3-0
  canonical_id: fhlmc-9203.3-0
  section: Freddie Mac Guide 9203.3
  description: '9203.3 Forbearance plans and requirements: (05/01/26) Refer to Bulletin 2026-2, which announced
    updates related to Resolve® reporting requirements for repayment plans and forbearance agreements. Servicers
    may implement the new requirements prior to the mandatory October 1, 2026 version of this section if they are
    operatio…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9203.3 — Forbearance plans and requirements (05/01/26)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '(05/01/26) Refer to Bulletin 2026-2, which announced updates related to Resolve® reporting
      requirements for repayment plans and forbearance agreements. Servicers may implement the new requirements
      prior to the mandatory October 1, 2026 version of this section if they are operationally ready to do so. This
      section contains information related to: ■ What is a forbearance? ■ Requirements for a forbearance plan ■
      Borrower contact requirements when transitioning from a forbearance plan ■ Borrowers in a Trial Period Plan
      ■ Forbearance plan termination ■ Other forbearance plan conditions and requirements (a) What is a forbearance?
      A forbearance plan is a written agreement between the Servicer and the Borrower (or deceased Borrower’s estate)
      that reflects the terms of the forbearance, including whether the Borrower may make either reduced or no monthly
      payments for a specific period of time. If'
    drafter_attestation: Verbatim from Freddie Guide §9203.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9203.3-1
  canonical_id: fhlmc-9203.3-1
  section: Freddie Mac Guide 9203.3
  description: '9203.3 Forbearance plans and requirements: 203-31 the Servicer achieves quality right party contact
    and the Borrower meets the eligibility criteria for a forbearance plan in accordance with Section 9203.3(b),
    the Servicer must offer: ■ An initial forbearance term for a period of one to three months, and, if necessary
    ■ On…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9203.3 — Forbearance plans and requirements (05/01/26)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '203-31 the Servicer achieves quality right party contact and the Borrower meets the eligibility
      criteria for a forbearance plan in accordance with Section 9203.3(b), the Servicer must offer: ■ An initial
      forbearance term for a period of one to three months, and, if necessary ■ One or more forbearance term extensions
      of one to three months The forbearance plan may not be extended beyond a date that would cause the Delinquency
      to exceed a cumulative total of 12 months of the Borrower’s contractual monthly Mortgage payment, including
      taxes and insurance, if the Servicer is collecting Escrow for those expenses, without prior approval from
      Freddie Mac. Prior to the expiration of the initial and any extension to the forbearance plan, the Servicer
      must evaluate the Borrower’s eligibility for an extension of the initial forbearance plan based on quality
      right party contact. Each forbearance plan evaluation, including an evaluation for a forbearance plan extension,
      must be completed in accordance with all eligibility requirements described in this section and Sections 9203.3(b)
      through 9203.3(f). Additionally, there is no limit on the number of forbearance plans that an eligible Borrower
      can receive over the life of the Mortgage. Exhibit 93, Evaluation Notices, includes forbearance agreements
      that a Servicer may use but must amend as necessary to comply with the requirements of this section, Sections
      9203.3(b) through 9203.3(f) and applicable law. At the end of the forbearance period, the Borrower must cure
      the Delinquency through one of the following options: ■ Full reinstatement of the Mortgage ■ Partial reinstatement
      followed by a repayment plan ■ Payment of the Mortgage in full ■ A repayment plan ■ A loan modification ■
      Pay off the Mortgage through a short sale or deed-in-lieu of foreclosure A loan modification is a type of
      workout option that enables the Borrower to retain homeownership (see Section 9201.6). If the Borrower can
      no longer afford to retain the property, the Servicer must pursue a workout option to liquidate the Borrower’s
      interest in the property (see Section 9201.6), such as a short sale, deed-in-lieu of foreclosure, a workout
      Mortgage assumption, or a simultaneous modification and assumption. Workout options and Servicing Mortgages
      impacted by disaster requirements'
    drafter_attestation: Verbatim from Freddie Guide §9203.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9203.3-2
  canonical_id: fhlmc-9203.3-2
  section: Freddie Mac Guide 9203.3
  description: '9203.3 Forbearance plans and requirements: 203-32 Topic Guide location Freddie Mac Flex Modification®
    Chapter 9206 Workout Mortgage assumption Chapter 9207 Freddie Mac Standard Short Sale Chapter 9208 Freddie Mac
    Standard Deed-in-Lieu of Foreclosure Chapter 9209 Charge-off Chapter 9210 Servicing Mortgages impacted by a
    di…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9203.3 — Forbearance plans and requirements (05/01/26)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '203-32 Topic Guide location Freddie Mac Flex Modification® Chapter 9206 Workout Mortgage assumption
      Chapter 9207 Freddie Mac Standard Short Sale Chapter 9208 Freddie Mac Standard Deed-in-Lieu of Foreclosure
      Chapter 9209 Charge-off Chapter 9210 Servicing Mortgages impacted by a disaster Chapter 8404 (b) Requirements
      for a forbearance plan Servicers may use Resolve® to report forbearance plans to Freddie Mac. Servicers should
      refer to Resolve Online Help for details on the use of the Resolve to report forbearance plans. Note: When
      forbearance plans are submitted via Resolve, the system will report the associated EDR default action codes
      on behalf of the Servicer. (i) Borrower eligibility requirements for a forbearance plan To be eligible for
      a forbearance plan, the Borrower: ■ Must have an eligible hardship as described in Section 9202.1(b) and Form
      710, Mortgage Assistance Application. The Borrower’s hardship may be verbally stated. The Servicer must report
      the hardship reason via EDR in accordance with Section 9102.6. ■ May be either current or delinquent, but
      the forbearance plan must not result in an overall Mortgage Delinquency that exceeds 360 days (i.e., to be
      in an active forbearance plan, the Borrower must not have missed more than 12 contractual monthly Mortgage
      payments) Note: No Borrower documentation or written application (e.g., Form 710 or a Servicer’s customized
      equivalent of Form 710) is required from the Borrower; however, the Servicer must achieve quality right party
      contact in accordance with the requirements in Section 9102.3(b). (ii) Mortgage eligibility and exclusions
      for a forbearance plan'
    drafter_attestation: Verbatim from Freddie Guide §9203.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9203.3-3
  canonical_id: fhlmc-9203.3-3
  section: Freddie Mac Guide 9203.3
  description: '9203.3 Forbearance plans and requirements: 203-33 Mortgages secured by the Borrower’s Primary Residence,
    even if vacant, are eligible for forbearance. The following Mortgages are ineligible for forbearance: ■ Mortgages
    secured by abandoned or condemned properties ■ Mortgages secured by second homes or Investment Propertie…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9203.3 — Forbearance plans and requirements (05/01/26)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '203-33 Mortgages secured by the Borrower’s Primary Residence, even if vacant, are eligible
      for forbearance. The following Mortgages are ineligible for forbearance: ■ Mortgages secured by abandoned
      or condemned properties ■ Mortgages secured by second homes or Investment Properties (iii)Forbearance plan
      agreement with the Borrower The Servicer must determine the terms of the forbearance agreement based on discussions
      with the Borrower. The forbearance agreement: ■ Must be provided to the Borrower in writing and signed by
      the Servicer. The document does not have to be signed by the Borrower or returned to the Servicer as a condition
      of the forbearance plan. ■ Must indicate the duration of the forbearance plan, including the effective date,
      the expiration date of the forbearance plan and, if applicable, the due date of the first payment and the
      amount of such payment. Note: See Section 9203.3(b)(iv) for additional information about reduced payments
      (if applicable) under a forbearance plan. ■ Must state that, at the end of the forbearance period, the Borrower
      must either: ❑ Cure the Delinquency through a full reinstatement, partial reinstatement plus repayment plan
      or a repayment plan, or payoff of the Mortgage, or ❑ Submit a complete Borrower Response package to be evaluated
      for a workout option prior to the conclusion of the plan Note: Refer to Sections 9203.1(a) through 9203.2(d)
      for requirements on reinstatements and repayment plans and to Chapters 9206 through 9210 for requirements
      on workout options. ■ Must state that foreclosure proceedings are suspended during the forbearance period
      so long as the Borrower complies with the forbearance agreement and that, unless prohibited by applicable
      law, the Servicer may recommence foreclosure at the point it was suspended if the Borrower defaults on the
      forbearance plan ■ May include a requirement to pay any accrued late charges due from the Borrower at the
      time the Servicer entered into the forbearance agreement with the Borrower. The Servicer must not accrue or
      collect late charges from the Borrower during the forbearance period, or any subsequent repayment plan period,
      if the Borrower is'
    drafter_attestation: Verbatim from Freddie Guide §9203.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9203.3-4
  canonical_id: fhlmc-9203.3-4
  section: Freddie Mac Guide 9203.3
  description: '9203.3 Forbearance plans and requirements: 203-34 complying with the terms of such agreements. If
    the Borrower defaults on the terms of the forbearance agreement, late charge accrual may recommence from the
    date the Borrower defaulted on the agreement. (iv) Reduced payments under a forbearance plan If a monthly payment
    is…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9203.3 — Forbearance plans and requirements (05/01/26)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '203-34 complying with the terms of such agreements. If the Borrower defaults on the terms
      of the forbearance agreement, late charge accrual may recommence from the date the Borrower defaulted on the
      agreement. (iv) Reduced payments under a forbearance plan If a monthly payment is required under the terms
      of a forbearance plan: ■ Such payment must be less than the Borrower’s monthly contractual Mortgage payment,
      including, as applicable, principal, interest and Escrow payments ■ The Servicer must receive such payment
      from the Borrower on or before the last day of the month in which it is due. If the Borrower fails to make
      timely forbearance payments, the forbearance plan must be canceled unless the Servicer determines that there
      are mitigating circumstances that caused the payment to be late. If there are mitigating circumstances that
      prevents the Borrower from making the required reduced payment, the Servicer may determine whether to amend
      the forbearance plan to further reduce the required payment or allow the Borrower to make no payments under
      a new forbearance plan agreement. If the Borrower fails to make timely payments and there are no mitigating
      circumstances, the Servicer must: ■ Evaluate the Borrower for other alternatives to foreclosure (e.g., solicit
      the Borrower for a complete Borrower Response Package ■ Conduct an evaluation for a streamlined offering of
      the Freddie Mac Flex Modification) and otherwise, pursue foreclosure in accordance with Chapter 9301. ■ Use
      good business judgment to determine whether forbearance payments were received timely or if mitigating circumstances
      (such as a further reduction in income) caused the payment to be late. Exceptions to the timely payment requirement
      must be documented and retained in the Mortgage file. (c) Borrower contact requirements when transitioning
      from a forbearance plan (i) Contact requirements The Servicer has discretion to determine the appropriate
      frequency to contact the Borrower. However, the Servicer must initiate contact no later than 30 days prior
      to any forbearance plan end date. Borrower contact must continue until quality right party contact is achieved
      or until the forbearance plan has expired. If quality right party contact is achieved, the Servicer must determine
      whether:'
    drafter_attestation: Verbatim from Freddie Guide §9203.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9203.3-5
  canonical_id: fhlmc-9203.3-5
  section: Freddie Mac Guide 9203.3
  description: '9203.3 Forbearance plans and requirements: 203-35 ■ The Borrower’s hardship has been resolved ■
    The Borrower intends to remain in the Mortgaged Premises ■ The Borrower must submit a complete Borrower Response
    Package to be evaluated for other workout or liquidation options; and ■ The Borrower is eligible for a streamlined…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9203.3 — Forbearance plans and requirements (05/01/26)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '203-35 ■ The Borrower’s hardship has been resolved ■ The Borrower intends to remain in the
      Mortgaged Premises ■ The Borrower must submit a complete Borrower Response Package to be evaluated for other
      workout or liquidation options; and ■ The Borrower is eligible for a streamlined modification offer for a
      Freddie Mac Flex Modification under Chapter 9206 The Servicer may use alternative outreach methods to contact
      the Borrower as permitted by applicable law, including, but not limited to, e-mail, text messaging, voice
      response unit technology or a Servicer’s web portal. In addition, the Servicer is authorized to mail, fax
      or electronically transmit the Borrower Solicitation Package or its equivalent to the Borrower. (ii) Post-forbearance
      plan – solicitations In order to promote a more seamless transition between loss mitigation options when a
      Borrower who was on a forbearance completes the forbearance plan without a solution to the Delinquency, the
      table below provides requirements for Servicers to conduct reviews for proactive Payment Deferral and Freddie
      Mac Flex Modification offers. Post forbearance plan – Payment Deferral If…. Then… The Borrower’s forbearance
      plan ends and the Servicer is unable to establish quality right party contact to evaluate for a post-forbearance
      solution to the Delinquency. The Servicer must evaluate the Borrower for a proactive offer for a Payment Deferral
      in accordance with the eligibility criteria described below. If eligible, the Servicer must send the Borrower
      a proactive offer for a Payment Deferral by the 15th day following expiration of the forbearance plan. Eligibility
      The Borrower must be eligible for a Payment Deferral in accordance with the requirements of this chapter.
      However: ■ The Servicer is not required to have established quality right party contact, as described in Section
      9203.4(c), and ■ The Servicer is not required to confirm that the Borrower meets the Borrower eligibility
      requirements described in Section 9203.4(c)(i) Solicitation requirements'
    drafter_attestation: Verbatim from Freddie Guide §9203.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9203.3-6
  canonical_id: fhlmc-9203.3-6
  section: Freddie Mac Guide 9203.3
  description: '9203.3 Forbearance plans and requirements: 203-36 The Servicer must solicit the Borrower using Exhibit
    1102, Payment Deferral Post- Forbearance Solicitation Cover Letter, with Exhibit 1100, Payment Deferral Agreement,
    or its equivalent, making any appropriate changes to comply with applicable law. While use of Exhibits 11…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9203.3 — Forbearance plans and requirements (05/01/26)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '203-36 The Servicer must solicit the Borrower using Exhibit 1102, Payment Deferral Post- Forbearance
      Solicitation Cover Letter, with Exhibit 1100, Payment Deferral Agreement, or its equivalent, making any appropriate
      changes to comply with applicable law. While use of Exhibits 1102 or 1100 is optional, it reflects the minimum
      level of information that the Servicer must communicate and illustrates a level of specificity that complies
      with the requirements of the Guide. The Servicer must include instruction on how to accept the offer in the
      Payment Deferral agreement. The Servicer is authorized to consider the following as acceptance by the Borrower,
      subject to applicable law: ■ The Borrower contacting the Servicer directly in accordance with any acceptable
      outreach and communication method, ■ The Borrower returning an executed Payment Deferral agreement, or ■ Any
      other method evidencing the Borrower’s acceptance as determined by the Servicer The Borrower must make their
      full monthly contractual payment during the month of solicitation and/ or during the processing month if,
      as of the date of evaluation: ■ The Mortgage is six months delinquent, or ■ The Payment Deferral would cause
      the Mortgage to exceed 12 months of cumulative deferred past-due principal and interest payments resulting
      from Payment Deferrals In these circumstances, the Servicer must complete the Payment Deferral within the
      month of the solicitation or processing month after receipt of the Borrower’s full monthly contractual payment
      due during that month. While the current month’s payment remains due because of delinquency and/or cumulative
      deferred payment requirements, the Servicer must send the proactive offer with the condition that a payment
      or payments are required to be eligible to complete the Payment Deferral. Once the payment or payments have
      been received and the Mortgage becomes eligible, the Servicer can proceed to settlement. Post forbearance
      plan – Freddie Mac Flex Modification If… Then… ■ The Borrowers forbearance plan ends, and ■ The Servicer has
      not established quality right party contact to evaluate for a post-forbearance solution to the delinquency,
      and The Servicer must evaluate the Borrower for a proactive offer for a Flex Modification, in accordance with
      the eligibility criteria described below. If eligible, the Servicer must send the Borrower a proactive offer
      for a Flex Modification by the 15th day of the month following the expiration of the forbearance plan.'
    drafter_attestation: Verbatim from Freddie Guide §9203.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9203.3-7
  canonical_id: fhlmc-9203.3-7
  section: Freddie Mac Guide 9203.3
  description: '9203.3 Forbearance plans and requirements: 203-37 ■ The Borrower is ineligible for a proactive offer
    for a Payment Deferral ■ The Borrowers forbearance plan ends, and ■ The Servicer has not established quality
    right party contact to evaluate for a post-forbearance solution to the delinquency, and ■ The Borrower was eligib…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9203.3 — Forbearance plans and requirements (05/01/26)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: 203-37 ■ The Borrower is ineligible for a proactive offer for a Payment Deferral ■ The Borrowers
      forbearance plan ends, and ■ The Servicer has not established quality right party contact to evaluate for
      a post-forbearance solution to the delinquency, and ■ The Borrower was eligible for a proactive offer for
      a Payment Deferral but did not accept the offer by the acceptance date provided in the Payment Deferral agreement
      The Servicer must evaluate the Borrower for a proactive offer for a Flex Modification, in accordance with
      the eligibility criteria described below. If eligible, the Servicer must send the Borrower a proactive offer
      for a Flex Modification by the 15th day following the expiration of the Payment Deferral offer. Eligibility
      The Servicer must evaluate the Borrower for eligibility for a proactive offer for a Flex Modification in accordance
      with the requirements of Section 9206.1(c)(iii). Solicitation The Servicer must send the Borrower Exhibit
      1191 and the Exhibit 93 template for the Freddie Mac Flex Modification Trial Period Plan Solicitation Offer
      – not based on an evaluation of a Borrower Response Package evaluation notice, or its equivalent. Exhibits
      1191 and 93 may be altered at the Servicer’s discretion as it deems necessary to meet the requirements of
      this section and Chapter 9206 and to comply with disclosure and other requirements under applicable law. (d)
      Borrowers in a Trial Period Plan If a Borrower was in a Trial Period Plan prior to entering into a forbearance
      plan, the Borrower may be re-evaluated for a new Trial Period Plan within 30 days prior to or upon completion
      of the forbearance plan. The Servicer must not resume or restart the terms of the previous Trial Period Plan
      prior to the start of the forbearance plan. Instead, the Servicer must evaluate the Borrower based on the
      status of the Mortgage at the time of the new evaluation. If the Borrower meets all eligibility requirements
      upon completion of the forbearance plan and accepts a new Trial Period Plan offer, the Borrower will be required
      to start a new Trial Period Plan. For any subsequent modification submissions, the Trial Period Plan prior
      to the start of the forbearance plan will not be considered a failed Trial Period Plan for a Freddie Mac Flex
      Modification evaluation.
    drafter_attestation: Verbatim from Freddie Guide §9203.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9203.3-8
  canonical_id: fhlmc-9203.3-8
  section: Freddie Mac Guide 9203.3
  description: '9203.3 Forbearance plans and requirements: 203-38 (e) Forbearance plan termination The forbearance
    plan must be terminated if: ■ The Servicer determines that the Borrower has failed to meet the terms specified
    in the forbearance plan agreement ■ Any of the eligibility criteria for the forbearance plan is no longer satisfi…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9203.3 — Forbearance plans and requirements (05/01/26)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '203-38 (e) Forbearance plan termination The forbearance plan must be terminated if: ■ The
      Servicer determines that the Borrower has failed to meet the terms specified in the forbearance plan agreement
      ■ Any of the eligibility criteria for the forbearance plan is no longer satisfied ■ The Servicer becomes aware
      that the Borrower’s hardship is resolved; or ■ The Borrower requests termination of the forbearance plan (f)
      Other forbearance plan conditions and requirements (i) Notifying Freddie Mac of forbearance plans via EDR
      At the end of the forbearance plan, the Servicer must work with the Borrower to cure the Delinquency via a
      reinstatement or repayment plan, or by completing a workout option. The Servicer must evaluate the Borrower
      in accordance with the loss mitigation hierarchy described in Section 9201.2 and must also comply with the
      appropriate EDR reporting requirement to inform Freddie Mac about the solution entered into. Example: If the
      Servicer enters into a repayment plan with the Borrower, the Servicer must report the repayment plan via EDR
      according to Section 9203.2(d). If the Borrower enters into a workout option that brings the account current,
      such as a settled modification or payment deferral, the Servicer must no longer report the EDR code for forbearance.
      Note: For additional information about EDR, refer to Section 9102.6. (ii) Forbearance plans for Mortgages
      subject to recourse For Mortgages subject to recourse including but not limited to indemnification, Servicers
      are strongly encouraged, but not required, to consider eligible Borrowers for a forbearance plan. Entering
      into a forbearance agreement (whether approved by Freddie Mac or the Servicer) does not waive, delete, alter
      or supersede any recourse or indemnification requirements set forth in the Servicer’s Purchase Documents and
      any other documents containing recourse or indemnification obligations, and such recourse or indemnification
      obligations will remain in full force and effect. (iii) Credit reporting for Mortgages in a forbearance plan
      Servicers must continue to report a “full-file” status to the four major credit repositories for each Mortgage
      in a forbearance plan in accordance with the Fair Credit Reporting Act'
    drafter_attestation: Verbatim from Freddie Guide §9203.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
- id: fhlmc-9203.3-9
  canonical_id: fhlmc-9203.3-9
  section: Freddie Mac Guide 9203.3
  description: '9203.3 Forbearance plans and requirements: 203-39 and credit bureau standards as provided by the
    Consumer Data Industry Association. See Exhibit 51, Credit Repositories and Information to Report. (iv) Servicer
    policy and procedures for forbearance plans The Servicer must have written forbearance plan policies and procedur…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - fhlmc-guide
  - section-complete
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide §9203.3 — Forbearance plans and requirements (05/01/26)
    source_class: gse-guide
    source_url: https://guide.freddiemac.com/
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '203-39 and credit bureau standards as provided by the Consumer Data Industry Association.
      See Exhibit 51, Credit Repositories and Information to Report. (iv) Servicer policy and procedures for forbearance
      plans The Servicer must have written forbearance plan policies and procedures describing how to: ■ Determine
      the Borrower’s hardship ■ Determine whether to require a reduced payment and any payment amount; and ■ Document
      the Servicer’s decision-making process, including, but not limited to, its application of discretion or business
      judgement The Servicer must consistently apply these policies and procedures.'
    drafter_attestation: Verbatim from Freddie Guide §9203.3 body (max-gap occurrence), snapshot 5869ee9e606cd4ae;
      substring-verified.
  judgment: false
