9203.8: What is a repayment plan? (03/02/16)

Owned by Kacey Olson (Unlicensed)
Nov 23, 2018
1 min read

© Freddie Mac Single-Family Seller Servicer Guide

A repayment plan is an agreement between the Servicer and a Borrower that gives the Borrower a defined period of time to reinstate the Mortgage by paying normal regular payments plus an additional agreed upon amount in repayment of the Delinquency.