Freddie Mac Single-Family Seller/Servicer Guide Chapter 9203 — Reinstatements and Relief Options

fhlmc-9203

Chapter 9203 of the Freddie Mac Single-Family Seller/Servicer Guide sets requirements for full and partial reinstatements, repayment plans, forbearance, and payment deferrals. NOTE: actual title is "Reinstatements and Relief Options", not "Modifications".

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source:
  type: regulation
  id: fhlmc-9203
  authority: Freddie Mac Single-Family Seller/Servicer Guide Chapter 9203 — Reinstatements and Relief Options
  description: |
    Chapter 9203 of the Freddie Mac Single-Family Seller/Servicer Guide
    sets requirements for full and partial reinstatements, repayment
    plans, forbearance, and payment deferrals. NOTE: actual title is
    "Reinstatements and Relief Options", not "Modifications".
obligations:
  - id: fhlmc-9203-accept-full-reinstatement
    canonical_id: fhlmc-9203-accept-full-reinstatement
    section: Freddie Mac Guide Section 9203.1(d) — When to accept full reinstatement
    description: |
      [LENDER] must accept full reinstatement of a Mortgage if the payment,
      in cash or certified funds, includes the total delinquent amount,
      accrued interest and unpaid principal, actual legal costs, BPO costs
      (if applicable), inspection fees, and accrued late charges.
    type: do
    audit_question: Can [LENDER] evidence that, when a Borrower tendered full reinstatement in cash or certified funds covering all required components (delinquent amount, accrued interest, unpaid principal, legal costs, BPO costs if applicable, inspection fees, accrued late charges), the reinstatement was accepted?
    program_review: Does the program ensure full reinstatement is accepted when the Borrower tenders cash/certified funds covering all required components (delinquent amount, accrued interest, unpaid principal, legal costs, BPO costs if applicable, inspection fees, accrued late charges)?
    file_review: For tendered reinstatements, confirm acceptance when all required components were covered.
    judgment: false
    feeds: []
    workflow_phase: servicing
    owner_role: loss_mitigation_specialist
    secondary_owner_role: compliance_officer
    cadence: per-reinstatement-tender
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - fhlmc
      - freddie-mac
      - servicing-guide
      - reinstatement
      - accept-tender
      - promoted
    primary_source:
      tier: 1
      authority: Freddie Mac Single-Family Seller/Servicer Guide Section 9203.1(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 accept full reinstatement of a Mortgage if the payment, in cash or certified
      drafter_attestation: Copied verbatim from Freddie Mac Guide snapshot 5869ee9e606cd4ae (Chapter 9203) at 2026-05-22.
    promoted_at: '2026-05-23T01:03:22+00:00'
    promoted_from: fhlmc-9203-roundb-v1.yaml
  - id: fhlmc-9203-no-refuse-reinstatement-on-bpo-late-charges
    canonical_id: fhlmc-9203-no-refuse-reinstatement-on-bpo-late-charges
    section: Freddie Mac Guide Section 9203.1(d) — Cannot refuse partial-cost reinstatement tenders
    description: |
      [LENDER] must not refuse to accept a full reinstatement if the
      Borrower offers to pay all amounts due except for the cost of the
      BPO, inspection fees, and accrued late charges; arrangements for
      those charges may be made after the Mortgage is reinstated.
    type: dont
    audit_question: Can [LENDER] evidence that no Borrower was refused full reinstatement on the basis of unwillingness or inability to immediately pay BPO costs, inspection fees, or accrued late charges, when the Borrower tendered all other amounts due?
    program_review: Does the program prevent refusing full reinstatement when the Borrower offers all amounts due except BPO cost, inspection fees, and accrued late charges (which may be arranged post-reinstatement)?
    file_review: Review reinstatement denials; confirm none was refused solely for unpaid BPO/inspection/late-charge amounts when all other amounts were tendered.
    judgment: false
    feeds: []
    workflow_phase: servicing
    owner_role: loss_mitigation_specialist
    secondary_owner_role: compliance_officer
    cadence: per-reinstatement-tender
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - fhlmc
      - freddie-mac
      - servicing-guide
      - reinstatement
      - no-refusal
      - promoted
    primary_source:
      tier: 1
      authority: Freddie Mac Single-Family Seller/Servicer Guide Section 9203.1(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 not refuse to accept a full reinstatement if the Borrower offers to pay all
      drafter_attestation: Copied verbatim from Freddie Mac Guide snapshot 5869ee9e606cd4ae (Chapter 9203) at 2026-05-22.
    promoted_at: '2026-05-23T01:03:22+00:00'
    promoted_from: fhlmc-9203-roundb-v1.yaml
  - id: fhlmc-9203-no-overcharge-exhibit-57a-expenses
    canonical_id: fhlmc-9203-no-overcharge-exhibit-57a-expenses
    section: Freddie Mac Guide Section 9203.1(c)(i) — Approved expense limits on reinstatement
    description: |
      [LENDER] must not charge or collect from the Borrower an amount that
      exceeds the expense limits specified in Exhibit 57A, except in cases
      where a higher expense amount is legally allowable and recoverable;
      and the payment must not include reimbursement for costs the Servicer
      incurred if applicable law prohibits collection of those costs from
      the Borrower.
    type: dont
    audit_question: Can [LENDER] evidence that, on every Freddie Mac-serviced reinstatement, no charge or collection from the Borrower exceeded Exhibit 57A approved expense limits (except where a higher amount was legally allowable and recoverable), and that no charges prohibited by applicable law were included?
    program_review: Does the program ensure reinstatement charges never exceed Exhibit 57A limits (except where a higher amount is legally allowable and recoverable) and exclude any costs applicable law prohibits collecting from the Borrower?
    file_review: For reinstatements, confirm charges were within Exhibit 57A (or documented legally-allowable excess) and excluded law-prohibited costs.
    judgment: false
    feeds: []
    workflow_phase: servicing
    owner_role: loss_mitigation_specialist
    secondary_owner_role: compliance_officer
    cadence: per-reinstatement-event
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - fhlmc
      - freddie-mac
      - servicing-guide
      - reinstatement
      - expense-limits
      - exhibit-57a
      - promoted
    primary_source:
      tier: 1
      authority: Freddie Mac Single-Family Seller/Servicer Guide Section 9203.1(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: The Servicer must not charge or collect from the Borrower an amount that exceeds the
      drafter_attestation: Copied verbatim from Freddie Mac Guide snapshot 5869ee9e606cd4ae (Chapter 9203) at 2026-05-22.
    promoted_at: '2026-05-23T01:03:22+00:00'
    promoted_from: fhlmc-9203-roundb-v1.yaml
_promotion_history:
  - promoted_at: '2026-05-23T01:03:22+00:00'
    candidate_path: obligations\_remediation\_round_b_drafts\fhlmc-9203-roundb-v1.yaml
    candidates_promoted: 3
    candidates_skipped_existing: 0

Verbatim regulatory text (3)

Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide Chapter 9203 — Reinstatements and Relief Options — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

Freddie Mac Guide Section 9203.1(d) — When to accept full reinstatement

The Servicer must accept full reinstatement of a Mortgage if the payment, in cash or certified

Source: Freddie Mac Single-Family Seller/Servicer Guide Section 9203.1(d) · source URL · snapshot 5869ee9e606cd4ae

Freddie Mac Guide Section 9203.1(d) — Cannot refuse partial-cost reinstatement tenders

The Servicer must not refuse to accept a full reinstatement if the Borrower offers to pay all

Source: Freddie Mac Single-Family Seller/Servicer Guide Section 9203.1(d) · source URL · snapshot 5869ee9e606cd4ae

Freddie Mac Guide Section 9203.1(c)(i) — Approved expense limits on reinstatement

The Servicer must not charge or collect from the Borrower an amount that exceeds the

Source: Freddie Mac Single-Family Seller/Servicer Guide Section 9203.1(c)(i) · source URL · snapshot 5869ee9e606cd4ae