Freddie Mac Quick Reference Guide Electronic Default Reporting Quick Reference Guide

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Electronic Default Reporting

Quick Reference Guide

March 2016

Notice

The information in this publication is offered to Servicers using

Electronic Default Reporting (EDR) for single-family mortgages.

The information supports the requirements published in the

Single-Family Seller/Servicer Guide (the Guide). Additionally, this quick reference provides guidelines, suggestions and other more detailed information to help fulfill EDR requirements.

Each Freddie Mac approved Servicer must comply with all applicable provisions in the Guide, and other purchase documents, as that term is defined in the Guide. This quick reference does not constitute as one of the purchase documents.

The requirements and guidelines in this quick reference are subject to change at any time by Freddie Mac.

March 2016

Table of Contents

Topic

Page

Overview ................................................................................... 1

Which Mortgages to Report to Us ............................................. 1

Questions? ................................................................................. 1

Tips for Error-Free Reporting ................................................... 2

How to Report No Activity ....................................................... 5

How to Enter Default Data in the Service Loans

Application ............................................................................... 6

How to Report via EDR when a Streamlined Modification

Converts to a HAMP Modification ........................................... 7

Reporting Trial Period Plans and Default Action Code 20

(Reinstatement) ......................................................................... 8

Reporting Trial Period Plans and Default Action Code 20

(Reinstatement) Example .......................................................... 9

List of Default Action Codes ..................................................... 10

List of Default Reason Codes .................................................... 12

List of Occupancy Status and Property Condition Codes ......... 14

Default Action Code Detail ....................................................... 15

How to Import Default Data into the Service Loans

Application ................................................................................ 30

How to Access EDR and Trial Period Tracking Reports in

Default Reporting Manager ....................................................... 32

Tips for Reviewing EDR Reports and Correcting Errors .......... 33

Trial Tracking Overview Report ............................................... 35

How to Resolve Data Errors ...................................................... 36

EDR and Your Freddie Mac Servicer Success Scorecard ......... 68

EDR File Format for CPU-to-CPU Transmissions ................... 73

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Overview of the EDR Process

Servicers with an active Freddie Mac Seller/Servicer number must report delinquency and default information to us monthly for all

Freddie Mac single-family mortgages in default through Electronic

Default Reporting (EDR). Information you are required to report includes the Due Date of the Last Paid Installment (DDLPI), Default

Action Codes (Status and Event), Default Reason Codes, Occupancy

Status Codes and Property Condition Codes. You must send us your monthly EDR transmission on the first, second, or third business day of a month to report all activity that occurred in the previous month.

Terms not defined in this reference guide have the same meaning as the capitalized terms found in the Single-Family Seller/Servicer

Guide (Guide).

Which Mortgages to Report to Us

You must report on all mortgages that are 30 days or more delinquent or where the borrower is in bankruptcy, whether or not the borrower is current on mortgage payments. You must also report mortgages for which the borrower is current in his or her mortgage payments and for which you are pursuing an alternative to foreclosure. You must comply with all Guide requirements with respect to considering a borrower who is current in his or her mortgage payment for an alternative to foreclosure, including, as applicable, the evaluation hierarchy requirements and, with respect to a modification, any requirement that the borrower be in imminent default.

You must continue to report on these mortgages until the mortgage is fully reinstated or liquidated, or until the borrower is no longer in bankruptcy and the mortgage is current. For current mortgages under consideration for an alternative to foreclosure, you must continue to report the applicable information through EDR until there are no applicable default action codes to report for the month.

If you have no activity to report under one or more Seller/Servicer numbers, you must send us a monthly transmission to indicate "no activity" for each Seller/Servicer number that has no activity for the month.

Questions?

If you have any questions or need additional information after reviewing this quick reference guide, contact your Freddie Mac representative or send an e-mail to [email protected]

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Tips for Error-Free Reporting

 In the Service Loans application, report default activity using the

Enter Default Activity function.

 Report month-end default activity on the first, second, or third business day of the following month.

 Report all

−

Mortgages that were 30 or more days delinquent

−

Mortgages for which the borrower was in bankruptcy during the previous month, regardless of whether the borrower is current or delinquent in his or her mortgage payments

−

Mortgages for which the borrower is current in his or her mortgage payments and you are pursuing an alternative to foreclosure

 If you have no loans to report through EDR for any of your

Servicer numbers, you must report that you have no activity.

 Default actions are divided into two categories:

−

A status is reported each month until the status no longer applies.

−

An event is reported only one time, in the month following when the event took place.

 Default reasons, property conditions, and occupancy statuses are required for mortgages that are 90 or more days delinquent. For additional information, see page 14.

 Retain and report (don’t delete) a reinstatement on a mortgage that becomes current and was reported in the prior month as 30 or more days delinquent.

 If you submitted data before a reporting cycle started (before the beginning of a month), retransmit the information within the cycle (first, second, or third business day of the following month).

 We must receive your data by 5:30 p.m. Eastern Time to be credited as received on that day.

 Verify we received your EDR data by viewing the confirmation data available on the Add/Modify Default Loan Activity screen in the Service Loans application.

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Tips for Error-Free Reporting

 If you submitted incorrect or incomplete data, update your information and resubmit by the sixth business day of the month.

 Remember to access the EDR reports available to you in Default

Reporting Manager

. Review these reports and use them as a tool to improve the integrity of your data and to reduce errors from reoccurring in the next reporting cycle. (See How to

Access EDR and Trial Period Tracking Reports in Default

Reporting Manager on page 32 for more information.)

 The default action date for a mortgage that is referred to foreclosure is the date the mortgage is referred to a foreclosure counsel. The default action date is not the date foreclosure was approved or the date your department received the file. If the foreclosure process is halted (such as by bankruptcy, repayment plan, contested matter, evaluation of a complete Borrower

Response Package, or Trial Period Plan, etc.) and then resumes, the default action date should be

−

The original foreclosure referral date if no funds were posted and the DDLPI did not advance

−

The date you advised the attorney to proceed with foreclosure if funds were applied and the DDLPI did advance

 If a borrower in a Trial Period Plan becomes unemployed, requests assistance due to unemployment and you determine the borrower is eligible for unemployment forbearance, contact us at [email protected]

so that we can close the Trial Period Plan.

For additional information about unemployment forbearance, refer to Guide Sections 9203.22 through 9203.24.

 When reporting a HAMP ®

Trial Period Plan, ensure the Trial

Period Plan Start Date you report with default reason code HMP

(Home Affordable Modification Program) and default action code 09 (Forbearance) equals the First Trial Payment Due Date you report to the Program Administrator via the HAMP

Reporting Tool.

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Tips for Error-Free Reporting

 Ensure that you report the appropriate default action and default reason codes during the trial period and any optional interim month that follows the trial period as required by the Guide and/or other Purchase Documents. When reporting the optional interim month, you must report default reason code HMP (Home

Affordable Modification Program) with default action code 09

(Forbearance) for a HAMP modification, default action code BF for a Standard Modification, and default action code TM for a

Streamlined Modification. You must also report the Trial Period

Plan Effective Date as the default action date until the code would no longer apply once the mortgage is modified.

 Borrowers who are in a Trial Period Plan and subsequently file for bankruptcy may not be denied a modification on the basis of the bankruptcy filing. You should extend the Trial Period Plan as necessary to accommodate any delays in obtaining court approval or receiving a full remittance of the borrower’s trial period payments when they are made to a trustee, but the trial period must not be extended beyond nine additional months, resulting in a maximum twelve-month trial period. Borrowers must make a trial period payment for each month of the trial period, including any extension month(s), in order to remain eligible for a modification. During the extended trial period, you must continue to report default reason code HMP (Home

Affordable Modification Program) with default action code 09

(Forbearance) for a HAMP modification, default action code BF for a Standard Modification, and default action code TM for a

Streamlined Modification.

 When reporting the DDLPI for a loan where the borrower defaulted on the first payment due date, report the DDLPI as the month prior to the first payment due date. For example, if the first payment due date is 03/01/2014, report 02/01/2014 for the

DDLPI.

 Always ensure that you report accurately and timely via EDR and in accordance with the requirements outlined in the Guide.

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How to Report No Activity

If you have no loans to report through EDR for any of your Servicer numbers, you must report that you have no activity. To do this, perform the following steps after you have logged into the Service

Loans application:

1. Click on the Manage Loan Activity tab. The Loan Activity submenu displays.

2. Select Report Default Loan Activity from the submenu. The

Report Default Loan Activity screen displays.

3. Select Report No Activity.

4. Click Continue.

5. Click OK when the following message displays:

“The Report No Activity is successfully submitted.”

6. Review your feedback reports. (See Tips for Reviewing EDR

Reports and Correcting Errors on page 33 for more information.)

For additional information, refer to the Service Loans User’s Guide.

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How to Enter Default Data in the Service Loans

Application

Perform the following steps to submit single default loan activity to us after you have logged in to the Service Loans application.

1. Click on the Manage Loan Activity tab. The Loan Activity submenu displays.

2. Select Report Default Loan Activity from the submenu. The

Report Default Loan Activity screen displays.

3. Select Report Single Default Loan Activity and enter the nine-digit Freddie Mac loan number.

4. Click Continue. The Add Default Data screen displays.

5. Enter all required data.

6. Click Submit.

7. Click Yes when the following message displays:

“Are you sure you want to submit the data?”

8. Review the information displayed in the Confirmation Data section of the screen to ensure that the data for the loan was successfully submitted to us.

9. After reviewing the confirmation data, take one of the following actions:

 Click Return to exit the screen.

 Click Clear to remove data you have entered from the screen so you can correct and resubmit information for the loan.

 Enter default data for another loan number. To do this, enter the nine-digit Freddie Mac loan number in the Freddie Mac

Loan Number field and click Continue.

For additional information, refer to the Service Loans User’s Guide.

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How to Report via EDR When a Streamlined

Modification Converts to a HAMP Modification

If a mortgage is converting from a Streamlined Modification Trial

Period Plan to a HAMP modification without a restart of the trial period pursuant to the requirements in Guide Section 9206.2, you must report at least one month of HAMP Trial Period Plan activity via EDR to complete the reporting of the HAMP Trial Period Plan..

To do this, report default reason code HMP (Home Affordable

Modification Program) and default action code 09 (Forbearance) no later than the third business day of the month in which the modification became effective for the prior month’s activity. You must report the original Trial Period Plan Effective Date that you reported for the Streamlined Modification when reporting the HAMP

Trial Period Plan activity.

The following is an example of how to report via EDR when a

Streamlined Modification is converting to a HAMP modification without a restart of the trial period. In this example, a borrower accepted an offer for a HAMP modification during the third month of the Streamlined Modification trial period. The Modification

Effective Date in this example is November 2013.

Default Action Code or Default Reason

Code Reported

Trial Period Plan

Effective Date

Month Reported via EDR

TM (Freddie Mac

Alternative

Modification Trial

Period)

08/01/2013 9/2013

TM (Freddie Mac

Alternative

Modification Trial

Period)

HMP (Home

Affordable

Modification Program) and 09 (Forbearance)

08/01/2013

10/2013

11/2013

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Reporting Trial Period Plans and Default Action

Code 20 (Reinstatement)

It is important that you report Trial Period Plan activity accurately and timely via EDR. Accurate and timely Trial Period Plan reporting in accordance with the requirements outlined in the Guide is imperative to many servicing-related activities, including, but not limited to, eligibility for workout compensation and effective foreclosure time line management.

 Ensure you report the Trial Period Plan start date accurately and consistently for all trial period months.

 Monitor the Loan Modifications Processed Report to determine when a modification has been updated in our system. This monthly report is available two business days prior to the accounting cycle cut off and provides a list of current cycle loan modifications Freddie Mac has processed. Do not report code 20 with a current DDLPI until the modification displays on this report.

 If you receive sufficient funds to apply a payment during the trial period, report code 20 (Reinstatement) and advance the DDLPI.

The DDLPI you report should reflect the application of one payment (partial reinstatement), and should not reflect a

“current” DDLPI (full reinstatement).

 When reporting the default action date for code 20, remember the following:

If you are reporting code 20

To reflect the application of a payment

For settlement of a loan modification

Then the default action date you report is

The date funds are applied to your system.

The date the modification is effective.

Refer to the following page for an example.

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Reporting Trial Period Plans and Default Action

Code 20 (Reinstatement) Example

 The DDLPI is 12/01/2013.

 The Standard Modification trial period start date is 03/01/2014.

 After the receipt of the second trial period payment and deduction of the required escrow amount from the first two trial period payments, there were sufficient funds to apply one principal and interest payment and advance the DDLPI.

 There is no interim month.

 The modification was settled in the June 2014 cycle, and displayed on the Loan Modifications Processed Report available to the Servicer on 06/11/2014.

EDR Cycle

Default Action

Code

Default

Action Date

DDLPI

3/2014

(Report within the first three business days of April.)

03/01/2014

(Trial Period

Start Date)

12/01/2013

4/2014

(Report within the first three business days of May.)

03/01/2014

03/03/2014

(The date the funds were applied to your system.)

01/01/2014

(One payment was applied; the DDLPI advanced one month.)

5/2014

(Report within the first three business days of June.)

BF 03/01/2014 01/01/2014

6/2014

(Report within the first three business days of July.)

06/01/2014

(The default action date is the modification effective date.)

06/01/2014

(The DDLPI is brought current with the modification.)

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March 2016

List of Default Action Codes

Status Codes

Report status codes each month until the status no longer applies.

See pages 15 through 20 for detailed information on each status code.

09 Forbearance

Repayment Plan

Government Seizure

Probate

Military Indulgence

Contested Foreclosure and Litigation

Referred to Foreclosure

HUD Assignment

Chapter 12 Bankruptcy Petition Filed

Second Lien Considerations

Veterans Affairs

−No Bid

Veterans Affairs

−Refund

Veterans Affairs

−Buydown

Chapter 7 Bankruptcy Petition Filed

Chapter 11 Bankruptcy Petition Filed

Chapter 13 Bankruptcy Petition Filed

No Activity to Report (for a Seller/Servicer Number)

Freddie Mac Standard Modification Trial Period

TM Freddie Mac Alternative Modification Trial Period (used for

Streamlined Modification Trial Periods)

Blank No Action to Report

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List of Default Action Codes

Event Codes

Report event codes, only one time, in the month following the month in which the event took place. See pages 21 through 29 for detailed information on each event code.

11 Repayment Plan in Review

Reinstatement (full or partial)

Bankruptcy Cramdown Scheduled

Appeal of Loan Modification

Date of First Legal Action

Bankruptcy Plan Confirmed

Foreclosure Sale Scheduled

BPO or Appraisal Obtained

Bankruptcy Court Clearance Obtained/Stay Lifted

Date Breach Letter Sent

AW Date of First Quality Right-Party Contact with Delinquent

Borrower

AX Date of Last Quality Right-Party Contact with Delinquent

Borrower

AY Date Advised Property Listed for Sale

BPO Ordered

Solicitation Letter Sent

Complete Borrower Response Package Received

Eligible for HAMP

HAMP in Review

HAMP Modification Agreement Sent

HAMP Modification Agreement Received

HA Workout in Review

HB Short Sale in Review

HC Ineligible for Short Sale

HD Modification in Review

(other than a modification under HAMP)

HE Ineligible/Cancel Modification

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March 2016

List of Default Reason Codes

Default reason codes are required for mortgages that are 90 or more days delinquent, with the exception of mortgages located in an eligible disaster area – which require a default reason code to be reported when they are 31 or more days delinquent.

001 Death of Principal Mortgagor

002 Illness of Principal Mortgagor

003 Illness of Mortgagor’s Family Member

004 Death of Mortgagor’s Family Member

005 Marital Difficulties

006 Curtailment of Income

007 Excessive Obligations

008 Abandonment of Property

009 Distant Employment Transfer

011 Property Problem

012 Inability to Sell Property

013 Inability to Rent Property

014 Military Service

015 Other

016 Unemployment

017 Business Failure

019 Casualty Loss

022 Energy-Environment Cost

023 Servicing Problems

026 Payment Adjustment

027 Payment Dispute

029 Transfer of Ownership Pending

030 Fraud

031 Unable to Contact Borrower

032 Contaminated Drywall

034 Eligible Disaster Area (Must be reported when a mortgage

(mortgaged premises or borrower’s place of employment) is affected by a disaster and is 31 days or more delinquent.)

INC Incarceration

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HMP Home Affordable Modification Program (This default reason code must be reported for each HAMP trial period month and for any interim month following the trial period, and must be reported with default action code 09,

Forbearance.)

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List of Occupancy Status and Property Condition

Codes

Occupancy Status Codes

Provide the Occupancy Status code by the 90th day of delinquency.

Prior to the 90th day of delinquency, if the occupancy status is unknown, populate the field with Code "06 Unknown" or blanks.

01 Vacant

03 Borrower Occupied

04 Tenant Occupied

06 Unknown

07 Abandoned

15 Occupied by Unknown

Property Condition Codes

Property condition must be reported by the 90th day of delinquency; although it may be reported earlier. Prior to the 90th day of delinquency, if the property condition is unknown, populate the field with Code "10 Unknown" or blanks.

03 Excellent

04 Good

05 Fair

06 Poor

10 Unknown or No Property Inspection

18 Property Inaccessible

20 Condemned

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Default Action Code Detail

There are two types of default action codes: status and event. Refer to pages 15 through 20 for information about status codes and pages

21 through 29 for information about event codes.

Status Codes

Status

Code

Report Status Codes each month until the status no longer applies.

Forbearance

Report code 09 when one of the following occurs:

 The borrower is on a short-term, long-term, or unemployment forbearance plan. (For unemployment forbearance, report default reason code 016,

Unemployment, with Code 09.)

 You have been barred from proceeding with foreclosure while a state agency reviews the loan for possible borrower assistance (generally a 60-day period).

 The borrower is in a HAMP Trial Period Plan. (Report default reason code HMP, Home Affordable

Modification Program with default action code 09.)

Report the forbearance plan start date, or the date the state agency notified you to cease collections/foreclosure activities, each month while the status is relevant.

Note: With the exception of HAMP Trial Period Plans and related HAMP interim months, do not report code 09 with any other Trial Period Plan reporting, such as Standard

Modification or Streamlined Modification Trial Period

Plans.

Repayment Plan

Report code 12 when a repayment plan has been initiated.

Report the start date of the repayment plan each month while the status is relevant.

 Report repayment plans regardless of whether the plan is in writing or an oral agreement.

 Repayment plans must be in accordance with the Guide or have prior approval from us.

 Do not report promises to pay as a repayment plan.

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Default Action Code Detail

Status

Code

Report Status Codes each month until the status no longer applies.

Government Seizure

Report code 24 when a government agency (local, city, county, state or federal) has seized our property. Examples include, but are not limited to, drug seizure, eminent domain and condemnation. Report the date you receive notification that the seizure has occurred. This can be reported on current or delinquent loans.

Probate

Report code 31 to report the date you received notification that the borrower is deceased and the will is being validated.

Military Indulgence

Report code 32 when default processes are delayed due to the mortgagor being in active military status and covered under the Servicemembers Civil Relief Act.

Contested Foreclosure and Litigation

Report code 33 when the foreclosure action becomes contested, you are legally barred from proceeding with foreclosure for reasons such as court order or restraining order, or complex litigation is prevalent. Report the date the foreclosure becomes contested.

Use this code for simple and complex contested/litigated issues. This includes any answer to the foreclosure complaint. For additional information, refer to Guide

Sections 9301.31 and 9402.1 and 9402.2.

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Default Action Code Detail

Status

Code

Report Status Codes each month until the status no longer applies.

Referred to Foreclosure

Report code 43 when a loan has been referred to foreclosure. Report the date you submitted your foreclosure referral request/package to your foreclosure attorney to begin foreclosure proceedings.

If the loan was in foreclosure and the borrower is on a repayment plan or has filed for bankruptcy, stop reporting the foreclosure status and begin reporting the repayment plan or bankruptcy.

 When you receive the initial payment under the repayment or bankruptcy plan, report a code 20 to partially reinstate the loan and remove it from foreclosure status.

 If the borrower subsequently defaults on the repayment or bankruptcy plan, stop reporting the repayment plan and report the release of bankruptcy (code 76), if applicable, and report a new code 43 to put the loan back into foreclosure status. (This only applies to loans that do not need to be re-breached after the repayment plan or bankruptcy period, and can be immediately referred back to foreclosure.)

 If you do not receive payment and the DDLPI does not advance, stop reporting the repayment plan or report the release of bankruptcy (code 76), if applicable, and report the original code 43 to notify us that the loan is back in foreclosure status. You can resume reporting the initial foreclosure referral because you did not report a code 20.

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Default Action Code Detail

Status

Code

Report Status Codes each month until the status no longer applies.

(cont.)

If the loan was in foreclosure and another default action occurs, stop reporting the foreclosure status and begin reporting the new status. For example, if the new status is a delay, once the delay is cleared and you can resume the foreclosure, report the original code 43 to notify us that the loan is back in foreclosure status.

You can resume reporting the initial foreclosure referral because you did not report code 20.

For Freddie Mac Standard Deeds-in-Lieu of Foreclosure, ensure that you have reported the loan via EDR. If you have not referred the loan to foreclosure, use code 43 and report the date on which Freddie Mac approved the deedin-lieu of foreclosure.

HUD Assignment

Report code 49 when you have been barred from proceeding with foreclosure while HUD reviews the loan for possible borrower assistance (generally 60 day period).

Report the date HUD notified you to cease collections/foreclosure activities.

Chapter 12 Bankruptcy Petition Filed

Report code 59 when the borrower files for Chapter 12 bankruptcy protection. Report the date the borrower files a petition with the U.S. Bankruptcy court.

See Additional Information about Bankruptcy Reporting.

Second Lien Considerations

Report code 61 when you receive authorization from us to place the foreclosure on hold while we monitor the position of a first lien foreclosure action. Report the date we authorized you to suspend the foreclosure process.

Report this code only for second or other subordinate lien loans.

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Default Action Code Detail

Status

Code

Report Status Codes each month until the status no longer applies.

Veterans Affairs--No Bid

Report code 62 when the VA notifies you that they denied a specified bid and did not issue an upset price for the pending foreclosure sale. Report the date you received notification from the VA.

Veterans Affairs--Refund

Report code 63 when you have been barred from proceeding with foreclosure while the VA reviews the loan for possible borrower assistance (generally a 60 day period). Report the date the VA notified you to cease collections/foreclosure activities.

Veterans Affairs--Buydown

Report code 64 to report the date you receive authorization from us to "buydown" the loan.

Chapter 7 Bankruptcy Petition Filed

Report code 65 when the borrower files for Chapter 7 bankruptcy protection. Report the date the borrower files a petition with the U.S. Bankruptcy Court.

See Additional Information about Bankruptcy Reporting.

Chapter 11 Bankruptcy Petition Filed

Report code 66 when the borrower files for Chapter 11 bankruptcy protection. Report the date the borrower files a petition with the U.S. Bankruptcy Court.

See Additional Information about Bankruptcy Reporting.

Chapter 13 Bankruptcy Petition Filed

Report code 67 when the borrower files for Chapter 13 bankruptcy protection. Report the date the borrower files a petition with the U.S. Bankruptcy Court.

See Additional Information about Bankruptcy Reporting.

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Default Action Code Detail

Status

Code

Report Status Codes each month until the status no longer applies.

No Activity to Report (for a Seller/Servicer Number)

Freddie Mac Standard Modification Trial Period

Report code BF with the Trial Period Plan Effective Date for each month of the trial period and for any interim month, even if the borrower has filed for bankruptcy.

Freddie Mac Alternative Modification Trial Period

Report code TM with the Trial Period Plan Effective Date for each month of a Streamlined Modification trial period and for any interim month, even if the borrower has filed for bankruptcy.

Blank No Action to Report

Additional Information about Bankruptcy Reporting

If a bankruptcy converts from one chapter to another, you must report a code 76 - Bankruptcy Court Clearance to close the old bankruptcy chapter. The conversion date is the bankruptcy release date for the old chapter and the filing date for the new chapter.

For example, if a Chapter 13 converted to a Chapter 7 on 1/30/xx, report code 76 using 1/30/xx to close the Chapter 13 status and code

65 using 1/30/xx to open the Chapter 7 bankruptcy status.

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Default Action Code Detail

Event Codes

Event

Code

Report Event Codes only one time, in the month following the month in which the event took place.

Repayment Plan in Review

Report code 11 to notify us of the date on which you begin the evaluation process to determine if the borrower qualifies for a repayment plan.

Report the date one time, in the month following the month in which you began the evaluation process.

Reinstatement (full or partial)

Report code 20, regardless of the level of delinquency, when funds are applied to advance the DDLPI (the loan fully or partially reinstates). You must also report code 20 when a loan modification settles. Report the date the funds are applied to your system when reporting code 20 to reflect an actual payment application. Report the date the modification is effective when reporting code 20 for a loan modification settlement.

When a loan is referred to foreclosure and you report a code 43 - Referred to Foreclosure, the loan can be inactivated through loan-level reporting and you can stop remitting principal and interest. When a borrower fully or partially reinstates the loan, you must report a code 20 to reinstate the loan. You must also activate the loan through loan-level reporting and resume remitting principal and interest.

Bankruptcy Cramdown Scheduled

Report code 35 to notify us of a scheduled court-ordered bankruptcy cramdown. Report this code for Chapter 11,

12, and 13 bankruptcies only.

Report the date one time, in the month following the month in which the court ordered the bankruptcy cramdown.

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Default Action Code Detail

Event

Code

Report Event Codes only one time, in the month following the month in which the event took place.

Appeal of Loan Modification

Report code 38 to notify us that a borrower has exercised his or her one-time right to appeal a loan modification denial.

Report the date one time, in the month following the month in which the borrower appealed the loan modification.

Date of First Legal Action

Report code 68 when the foreclosure attorney has filed the first legal documentation required by the state to initiate foreclosure proceedings. This could include filing the

Notice of Default, the filing of a Complaint or Petition, or the first Publication date.

Report the date the attorney files the first legal documentation required by the state to initiate foreclosure proceedings one time, in the month following when the event took place.

Bankruptcy Plan Confirmed

Report code 69 when a Chapter 12 or 13 bankruptcy plan has been confirmed or a reorganization was agreed to on a

Chapter 11 bankruptcy. Report the date the plan is confirmed or agreed and entered on the court docket.

Foreclosure Sale Scheduled

Report code 71 to notify us of the scheduled foreclosure sale date.

If a sale is postponed or adjourned, report a new code 71 for the new scheduled date for the foreclosure sale.

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Default Action Code Detail

Event

Code

Report Event Codes only one time, in the month following the month in which the event took place.

BPO or Appraisal Obtained

Report code 74 to notify us that you obtained a BPO or appraisal.

Report the date on which you obtained the BPO or appraisal, one time, in the month following when the event took place.

Bankruptcy Court Clearance Obtained

Report code 76 to notify us that the bankruptcy is released.

The date you report for each type of bankruptcy is shown below.

Chapter 7 bankruptcy – Report the date the case is dismissed or relief is granted, or the latter of the date of the discharge of debtors or the date the trustee released the asset.

Chapter 12 and 13 bankruptcy – Report the date the case is dismissed, discharged, relief is granted, or the date allowing for relief under a stipulation, agreed or consent order.

Chapter 11 bankruptcy – Report the date the case is dismissed or relief is granted, or the expiration date of a breach letter, if the reorganization plan had been agreed to.

Date Breach Letter Sent

You are required to send a breach letter (notice of acceleration) to the borrower no later than day 60 of the delinquency. Report code 80 to notify us of the date you sent the breach letter. Report the date one time, in the month following when the event took place.

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EDR Quick Reference Guide

March 2016

Default Action Code Detail

Event

Code

Report Event Codes only one time, in the month following the month in which the event took place.

Date of First Quality Right Party Contact with

Delinquent Borrower

Report code AW to notify us of the date of your first quality right party contact with the borrower. Report the date one time, in the month following when the event took place.

See Additional Information about Quality Right Party

Contact.

Date of Last Quality Right Party Contact with

Delinquent Borrower

Report code AX to notify us of the date of your last quality right party contact with the borrower. Report the date one time, in the month following when the event took place.

If you work with the borrower for several months to attempt to resolve the delinquency, you will report code AX with the date of last quality right party contact for each month you speak with the borrower.

See Additional Information about Quality Right Party

Contact.

Date Advised Property Listed for Sale

Report code AY to notify us of the date you became aware that the property is listed for sale. Generally, this information comes from borrower contact or property inspections. Report the date one time, in the month following when the event took place.

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Freddie Mac Document

Default Action Code Detail

Event

Code

Report Event Codes only one time, in the month following the month in which the event took place.

BPO Ordered

Report code H3 to notify us that you ordered a BPO.

Report the date on which you ordered the BPO, one time, in the month following when the event took place.

Solicitation Letter Sent

Report code H4 to notify us that you have sent a solicitation letter (e.g., Guide Exhibit 1131, Guide Exhibit 1161, or

Guide Exhibit 1191) to a delinquent borrower. Report this code only if the loan is 31 days or more delinquent.

Report the date on which you sent the solicitation letter, one time, in the month following when the event took place.

This code must be reported for all solicitation letters that are sent. If you are reporting for a modification under

HAMP, this code may be reported at the same time you report default action code H6 (Eligible for HAMP), default action code H7 (HAMP in Review), or default reason code

HMP with default action code 09 (Forbearance) to notify us that the loan is on a HAMP Trial Period Plan.

Complete Borrower Response Package Received

Report code H5 to notify us that you have received a complete Borrower Response Package.

Report the date on which you received the package from the borrower, one time, in the month following when the event took place.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

Default Action Code Detail

Event

Code

Report Event Codes only one time, in the month following the month in which the event took place.

Eligible for HAMP

Report code H6 to notify us of the date on which you determined the borrower may be eligible for a modification under the HAMP (including the determination that borrowers who are current or less than 60 days delinquent are in imminent default).

Report the date on which you made this determination, one time, in the month following when the event took place.

This code must be reported prior to or at the same time you report default action code H7 (HAMP in Review).

This code may be reported at the same time or after you report default action code H4 (Solicitation Letter Sent) or default reason code HMP with default action code 09

(Forbearance) to notify us that the loan is on a HAMP Trial

Period Plan.

HAMP in Review

Report code H7 to notify us of the date on which you began evaluating the borrower for a HAMP modification.

Report the date one time, in the month following when the event took place.

Default action code H6 (Eligible for HAMP) must be reported in a previous cycle or in the same cycle you report code H7. The date you report for Code H7 must be equal to or later than the date you report for Code H6.

This code may be reported at the same time or after you report default action code H4 (Solicitation Letter Sent), or default reason code HMP with default action code 09

(Forbearance) to notify us that the loan is on a HAMP Trial

Period Plan or in the interim month following the trial period.

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Default Action Code Detail

Event

Code

Report Event Codes only one time, in the month following the month in which the event took place.

HAMP Modification Agreement Sent

Report code H8 to notify us of the date on which you sent the HAMP Modification Agreement to the borrower.

Report the date on which you sent the Modification

Agreement one time, in the month following when the event took place.

HAMP Modification Agreement Received

Report code H9 to notify us that you have received the signed Modification Agreement from the borrower.

Report the date on which you received the Modification

Agreement from the borrower, one time, in the month following when the event took place.

Default action code H8 (HAMP Modification Agreement

Sent) must be reported in a previous cycle or in the same cycle you report Code H9. The date you report for Code

H9 must be equal to or later than the date you report for

Code H8.

Workout in Review

Report code HA when you begin evaluating the borrower for an alternative to foreclosure.

Report the date on which you began the evaluation for an alternative to foreclosure, one time, in the month following when the event took place.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

Default Action Code Detail

Event

Code

Report Event Codes only one time, in the month following the month in which the event took place.

Short Sale in Review

Report code HB to notify us that you are reviewing the loan for a short sale.

Report the date on which you began the review for the short sale, one time, in the month following when the event took place.

Ineligible for Short Sale

Report code HC if the loan is ineligible for a short sale.

Report the date on which the loan was determined to be ineligible, one time, in the month following when the event took place.

Modification in Review

Report code HD to notify us that you are reviewing the loan for a non-HAMP modification. Do not use this default action code for modifications in review under HAMP.

Report the date on which you began reviewing the loan for a possible modification, one time, in the month following when the event took place.

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Default Action Code Detail

Event

Code

Report Event Codes only one time, in the month following the month in which the event took place.

Ineligible/Cancel Modification

You have determined the borrower, who was reviewed for a modification, is ineligible for any modification or Trial

Period Plan, including a Standard Modification. This includes situations where the borrower failed to comply with the terms of a Trial Period Plan or failed to return a signed modification agreement in a timely manner.

Report the date on which you made this determination, one time, in the month following the month in which the event took place.

Before you can report code HE, if the borrower was considered for a modification under HAMP, default action codes H6 and H7 (HAMP in Review) must be reported in a previous cycle or in the same cycle you report Code HE.

The date you report for code HE must be equal to or later than the dates you report for Codes H6 and H7.

If the borrower was considered for a Standard Modification or Streamlined Modification, default action code HD

(Modification in Review) must be reported in a previous cycle or in the same cycle you report code HE. The date you report for code HE must be equal to or later than the date you report for code HD.

Do not report code HE when a borrower is converting from a Streamlined Modification to a HAMP modification.

Additional Information about Quality Right Party Contact

Quality right party contact occurs when you establish a rapport and express a desire to help identify and discuss the most appropriate options for delinquency resolution with the borrower, co-borrower, or trusted advisor, such as a housing counselor.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Import Default Data into the Service

Loans Application

Perform the following steps to import default data after you have logged in to the Service Loans application:

1. Access the Bulk File Import screen. To do this, you may either:

 Click on the Loan Activity tab, select Enter Default Activity from the submenu, and then click Import Default Loan

Activity. or

 Click on the Manage Import Formats tab and select Import

Loans from the submenu.

2. Ensure that the following required fields on the Bulk File Import screen contain the appropriate information:

 Business Function

 Cycle Date

 Mapping Name

3. Identify the file you want to upload. To do this, click Browse, locate and select the file, and click Open. The file you select will display in the field next to the Browse button on the Bulk File

Import screen.

4. We recommend that you test the first loan record in the import file to determine if you have any formatting errors before uploading the data to Freddie Mac. Typically, if the first loan record is not formatted correctly, it can impact the entire upload file. To test the loan record, click Test Import File to display the

Single Loan Test Import screen. Review the results to identify any formatting errors. Click Close to return to the Bulk Import

File screen. Correct any formatting errors in your source file before uploading the data to Freddie Mac.

5. Click Upload to submit the data to Freddie Mac.

6. Click Yes when the following message displays:

“Are you sure you want to upload to the server?”

The Status Message box on the Bulk File Import screen will display and identify for each loan, whether it was successfully imported or had validation errors.

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7. If all loans were imported successfully, proceed to step 9.

Otherwise, view the data for any loans that failed to import. To do this, click View Summary. The Bulk File Import View

Summary screen displays. Review each loan that failed to import. Click Close to return to the Bulk File Import screen.

8. Correct and resubmit the loan records that failed to import. To resubmit corrected loan records you may:

 Manually enter the loan data. (See How to Enter Default

Data into the Service Loans Application on page 6 for more information.) or

 Import a new file containing only the corrected loan record(s) that originally failed to import.

9. Review the information displayed in the Confirmation Data section of the screen to ensure that the data was successfully submitted to us.

10. After reviewing the confirmation data, take one of the following actions:

 Click Cancel to exit the screen.

 Click Clear to remove all data from the screen.

For additional information, refer to the Service Loans User’s Guide.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Access EDR and Trial Period Tracking

Reports in Default Reporting Manager

Perform the following steps to access the EDR and Trial Period

Tracking reports available to you in Default Reporting Manager.

1. Access the Servicing page on FreddieMac.com at http://www.freddiemac.com/singlefamily/service/ .

2. Click the login link for Default Reporting Manager. The system prompts you to enter your user name and password.

3. Enter your user name and password and press OK. The Default

Reporting Manager screen displays.

4. Click the link that corresponds to the report you want to view.

The report you selected displays.

Note: You can also access Default Reporting Manager via a link on the My Home tab in the Service Loans application.

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Tips for Reviewing EDR Reports and Correcting

Errors

Access the following reports via Default Reporting Manager:

Report/

Content Description

EDR Error Overview

Identifies the total number of errors on the EDR Exception

Report and Delinquencies/

Foreclosures Not Reported report and includes links that provide access to these reports.

EDR Exception Report

Identifies loans for which there were exceptions or errors in what you transmitted.

Delinquencies/Foreclosures

Not Reported

Loans you reported as delinquent or in foreclosure in the previous month's EDR transmission that you did not report this month, and no other status change has occurred.

Availability

The fourth through thirteenth business days of each month.

The day after you send an EDR transmission.

If you have no errors, you will still receive this report as confirmation that you have no errors.

The fourth through the thirteenth business days of each month.

Review and

Follow-up

Review this report to determine the total number of errors on the

EDR Exception

Report and

Delinquencies/

Foreclosures

Not Reported

Report.

Review any errors shown on this report.

Follow up by transmitting the corrections to us by the close of the sixth business day of the same month.

Review any items listed on this report.

Follow up by transmitting missing mortgage data to us by the close of the sixth business day of the same month.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

Tips for Reviewing EDR Reports and Correcting

Errors

Report/

Content Description

Availability

Review and

Follow-up

Default Compliance Report

The number of loans you reported to us that are 30, 60 and 90+ days delinquent for the current reporting cycle. Compares these results to delinquency statistics for the previous reporting cycle.

The fourth through the thirteenth business days of each month.

Review your transmission to determine if it contained errors.

Follow up by transmitting any corrections.

DDLPI Confirmation Report

Identifies the following:

 Loans where the current cycle

DDLPI has moved at least +/- three months from the prior cycle

DDLPI.

 Loans where the current cycle

DDLPI indicates the loan is 90+ days delinquent and the prior cycle

DDLPI indicated the loan was current.

LLR/EDR Compare Report

Loans you reported as 60 days or more delinquent via loan-level reporting (LLR) but did not report via

EDR by the third business day in the subsequent cycle.

The following loans are excluded:

 Newly funded loans

 Daily Simple Interest loans

 Interest Only loans

 Prepayments

The fourth through the fourteenth business days of each month.

Review the items on these reports.

Follow up by transmitting any corrections.

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Trial Tracking Overview Report

The Trial Tracking Overview Report is generated daily and is available via Default Reporting Manager. Use the report to track your trial period reporting data for Freddie Mac Standard

Modifications, Freddie Mac Streamlined Modifications and HAMP modifications.

The Trial Tracking Overview Report contains the following information:

 Loans you reported via EDR with active, successful, or failed

Trial Period Plans

 Loans that successfully completed a Trial Period Plan, but you continued to report them for more than three months (overreported Trial Period Plans).

Note: You must report trial period data for three months, and in the case of bankruptcy, you may report it for up to 12 months.

 Modifications with inconsistent Trial Period Plan reporting data

(under-reported Trial Period Plans).

Note: Review your EDR Exception Report to identify the edits resulting from the inconsistent reporting.

Special Note Regarding HAMP Reconciliation Obligation

You are required to report Freddie Mac data on HAMP Trial Period

Plans and HAMP modifications to the HAMP Program

Administrator. The Freddie Mac data that you report to the HAMP

Program Administrator must be consistent with the Freddie Mac data that you enter into Workout Prospector

. You must reconcile the data reported to both Freddie Mac and the HAMP Program

Administrator with the Freddie Mac data that you maintain in your own systems to ensure that all data matches and the data reported to both Freddie Mac and the HAMP Program Administrator is accurate.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

110: Invalid

Freddie Mac Loan

Number

The loan number that was reported is not a valid Freddie Macassigned loan number.

130: Invalid

Seller/Servicer

Number

The Servicer number that was reported is not recognized as a valid Servicer number.

140: Loan Does

Not Belong To

Servicer

180: Cycle

Reported For Is

Required

181: Invalid Date

Format For Cycle,

Date Must Be

CCYYMM

182: Cycle

Reported For Not

Equal To Current

Cycle

The loan number that was reported does not belong to the Servicer number that was reported.

The Cycle Reported

For was not reported and is required. The date must be in the format CCYYMM.

The Cycle Date that was reported is not in a valid format. The format must be

CCYYMM.

The Cycle Date that was reported is not the current cycle.

Example: When reporting data in May, the month for the reporting cycle should be 04 (April).

Resolution

Verify the loan number and retransmit with the correct loan number.

Verify the Servicer number and retransmit with the correct

Servicer number.

Verify the loan and

Servicer numbers, correct the transaction, and retransmit.

Retransmit with the correct cycle in the correct format.

Retransmit with the correct cycle in the correct format of

CCYYMM.

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How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

200: DDLPI Must

Be A Valid Date

In The Format

YYMMDD

The format reported for DDLPI is incorrect. The DDLPI must be in the format

YYMMDD.

Example: 040601 signifies June 1, 2004.

210: Action Date

Is Not A Valid

Date

220: Invalid

Default Action

Code

221: FHA/VA

Events Must Be

Reported For Only

FHA/VA Loans

Resolution

Retransmit with the correct format for the

DDLPI.

The default action date that was reported is not a valid date. The date must be formatted as CCYYMMDD and must not be a date prior to January 1,

1970.

Retransmit with a valid action date in the correct format.

Retransmit with a valid default action code.

The default action code that was reported is not recognized as a valid default action code.

The default action code that was reported can only be used to report FHA/VA loans, and the loan number reported does not correspond to an

FHA/VA loan.

Retransmit with the correct default action code.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

222: 2nd/HIL

Must Be Approved

For Referral To

Foreclosure

Code 43 (Referral to

Foreclosure) was sent for a second lien or home improvement loan (HIL), but foreclosure has not been approved by

Freddie Mac. We must approve foreclosure initiation on all second liens and

HILs.

223: Action

Invalid For Loan

Product

Action code 43

(Referral to

Foreclosure) or 71

(Foreclosure Sale

Scheduled) was reported on a Native

American loan product. You may not initiate foreclosure on a Native American loan product.

Resolution

If the code was reported in error, delete the code from the transaction and retransmit. Otherwise, verify that Form 102,

Second Mortgage/HIL

Servicing Transmittal, has been sent to and received by us. If we haven’t approved foreclosure, you should not have initiated foreclosure and should not be reporting default action code 43. Please contact

800-FREDDIE for further assistance.

If the code was reported in error, delete the code from the transaction and retransmit. Otherwise, please contact

800-FREDDIE for assistance.

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Freddie Mac Document

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

230: Default

Reason Required

By 90th Day Of

Delinq

A default reason code was not reported and is required for mortgages that are 90 or more days delinquent.

231: Invalid

Default Reason

Code

240: Occup Status

Required At 90th

Day Of Delinq

241: Invalid

Occupancy Status

Code

The default reason code that was reported is not recognized as a valid default reason code.

An occupancy status code was not reported and is required for mortgages that are 90 or more days delinquent.

The occupancy status code that was reported is not recognized as a valid occupancy status code.

250: Prop Cond

Required At 90th

Day Of Delinq

A property condition code was not reported and is required for mortgages that are 90 or more days delinquent.

Resolution

Retransmit with a default reason code.

Retransmit with a valid default reason code.

Retransmit with an occupancy status code.

Retransmit with a valid occupancy status code.

Retransmit with a property condition code.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

251: Invalid

Property Condition

Code

The property condition code that was reported is not recognized as a valid property condition code.

Resolution

Retransmit with a valid property condition code.

*252: Default

Reason of HMP must be reported with action code

09 (Forbearance)

270: BPO Value

Must Be Greater

Than Or Equal To

Zero

271: BPO Value

Required With

Action Code 74

Default reason code

HMP was reported and default action code 09 (Forbearance) was not reported with it.

The BPO value that was reported is not valid. It must be greater than or equal to zero if you report action code 74

(BPO/Appraisal

Obtained).

Default action code 74

(BPO/Appraisal

Obtained) was reported, but a BPO value of the property was not reported and is required.

Retransmit with default action code 09.

If default reason code

HMP was reported in error, delete the code from the transaction and retransmit.

Retransmit with a valid BPO value. The value cannot contain non-numeric characters such as decimals or commas.

If default action code

74 was reported in error, retransmit with the correct code. If default action code 74 is correct, retransmit with a valid BPO value.

*Note: Error message 252 displays on the EDR Exception Report one time, on the day after the error is generated.

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How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

272: BPO/Appr

Value Requires

Action Code 74

A BPO/appraisal value was reported, but default action code

74 (BPO/Appraisal

Obtained) was not reported and is required.

501: Action

Inappropriate For

Active Loan

The following codes cannot be reported for loans that are current:

 43 (Referral to

Foreclosure)

 62 (VA - No Bid)

 63 (VA - Refund)

 64 (VA Buydown)

 71 (Foreclosure

Sale Scheduled)

The wrong loan number or default action code may have been reported, or our records may not reflect the correct loan status.

Resolution

Retransmit with default action code 74 and the date the BPO was obtained. If no

BPO was obtained and the BPO/appraisal value was reported in error, retransmit without a BPO value.

Retransmit with the correct default action code and the correct loan number. If the code and loan number were correct, verify the loan’s status. If the loan is current

(paid to date) it does not need to be reported through EDR, unless it is in bankruptcy. If the loan is not current and the action code reported does apply to the mortgage, contact

800-FREDDIE for assistance.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

502: Bankruptcy

Crt Clearance (76)

Must Be Reported

First

A bankruptcy filing was previously reported. Default action code 76

(Bankruptcy Court

Clearance Obtained) must be reported to indicate the end of the bankruptcy prior to reporting the action code(s) currently being reported.

503: Code Cannot

Be Preceded By

An Open VA

Event

Resolution

If the default action code was reported in error, retransmit with the correct code.

Otherwise, retransmit with code 76

(Bankruptcy Court

Clearance Obtained) and the action code that would previously not process.

Default action codes

43, 49, and 63 cannot be preceded by a

Veterans Affairs action (code 62, 63, or

64) that is outstanding.

Note: The Court

Clearance action date must be later than the

Bankruptcy Begin date. Once code 76 is retransmitted, the action code in error will process successfully.

If the code was reported in error, delete the code from the transaction and retransmit. If the code does apply, contact

800-FREDDIE for assistance.

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Freddie Mac Document

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

504: Fcl Refer

Date Diff From

Prev Reported

Date

Default action code 43

(Referred to

Foreclosure) was reported with a referral date that was different from the referral date that was previously reported.

505: Invalid

Sequence Of

Events

The default action code that was reported cannot be reported with other events that have not yet ended.

Resolution

The referral date should be the date the loan’s case file was referred to the foreclosure attorney.

If the date currently reported is incorrect, retransmit with the correct date of foreclosure referral. If the date currently reported is correct, contact

800-FREDDIE for assistance.

Note: Please research why the referral date being reported this cycle is different from the date reported previously, and make adjustments to your reporting process, if necessary.

If the default action code was reported in error, delete the code from the record and retransmit. If the code does apply, contact

800-FREDDIE for assistance.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

506: Prod Must

Be 2nd or HIL For

2nd Lien

Considerations

Default action code 61

(Second Lien

Considerations) was reported but can only be reported for second or home improvement loans. The wrong loan number or default action code was reported.

507: VA No Bid

Reported On Loan

Not Yet Referred to Foreclosure

Resolution

Retransmit with the correct default action code and loan number.

Default action code 62

(Veteran’s Affairs

−No

Bid) was reported, but can only be reported if the loan was previously reported as referred to foreclosure.

If code 62 was transmitted in error, correct the code and retransmit. If the loan has already been referred to foreclosure, retransmit with code

43 (Referral to

Foreclosure) and code

62 (Veteran’s Affairs

−No Bid).

Note: The

Foreclosure Referral date must be earlier than the Veteran’s

Affairs

−No Bid date.

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Freddie Mac Document

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

508: VA No Bid

Must Be Reported

Prior to Reporting

VA Buydown

509: Codes 69 Or

76 Reported W/

No Applicable

Bankruptcy Rptd.

Default action code 64

(Veteran’s Affairs

−Buydown) was reported, but can only be reported after default action code 62

(Veteran’s Affairs

−No

Bid) has been reported.

Resolution

If code 64 was transmitted in error, correct the code and retransmit. Otherwise, retransmit with code

62 (Veteran’s Affairs

−No Bid) and code 64

(Veteran’s Affairs

−Buydown).

Note: The Veteran’s

Affairs

−No Bid date must be earlier than the Veteran’s Affairs

−Buydown date.

Default action code 69

(Bankruptcy Plan

Confirmed) or 76

(Bankruptcy Court

Clearance) was reported, but bankruptcy was not previously reported.

If the action code was reported in error, correct the code and retransmit. Otherwise, retransmit with the applicable bankruptcy action code (59, 65,

66, or 67) and code 69

(Bankruptcy Plan

Confirmed) or code 76

(Bankruptcy Court

Clearance Obtained).

Note: The Bankruptcy

Filed action date must be earlier than the code 69 or 76 action date.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

511: Action Code

Date Cannot Be

Prior to

Bankruptcy Date

Default action code 69

(Bankruptcy Plan

Confirmed) or 76

(Bankruptcy Court

Clearance) was reported. The action date that was reported is earlier than the action date of the open bankruptcy.

513: Action Date

Cannot Be After

Today’s Date

All default action code dates have to be historical or current and cannot be future dates. The only exception is the action date for code 71

(Foreclosure Sale

Scheduled), which can be, and usually is, a future date.

514: DDLPI

Cannot Be Future

Date

The DDLPI that was reported cannot be six months greater than the current date. For example, if today is

June 1, then the

DDLPI reported can be no later than

December 1.

Resolution

Retransmit code 69 or

76 with the correct date the action began.

Unless the default action code is 71

(Foreclosure Sale

Scheduled) do not report actions that are anticipated but have not actually occurred.

Retransmit without including the action code and action date of anticipated actions.

Only transmit the applicable action code

after it has occurred.

Retransmit with the correct DDLPI in format YYMMDD. If the mortgage has been paid more than six months ahead, contact

800-FREDDIE for assistance.

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Freddie Mac Document

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

515: Plan Conf.

(69) Not

Applicable to

Ch. 7 (65)

Default action code 69

(Bankruptcy Plan

Confirmed) was reported for a loan with an outstanding action code 65

(Chapter 7 Bankruptcy

Petition Filed). There is no plan set up through the bankruptcy court for

Chapter 7 filings.

Therefore, no plan can be confirmed.

Resolution

If default action code

69 (Bankruptcy Plan

Confirmed) was reported in error, delete the code from the record and retransmit with only code 65 (Chapter 7

Bankruptcy Petition

Filed). If the loan is

not in a Chapter 7 bankruptcy and code

69 does apply, retransmit with the correct bankruptcy action code and code

69. For further assistance, contact

800-FREDDIE.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

516: Cannot

Reinstate After

Foreclosure Sale

Default action code 20

(Reinstatement) was reported for a loan that has gone to foreclosure sale but the property did not revert to Freddie Mac for one of the following reasons:

Third Party Sale,

HUD/VA

Conveyance, or the loan was sold to us with a recourse credit enhancement.

517: Action must

Be After

Delinquent/

Foreclosure Begin

Resolution

If the reported foreclosure sale results are correct and the foreclosure sale is valid, you should not be reporting this loan through EDR. If the sale is invalid and the loan did reinstate, contact

800-FREDDIE for assistance.

You reported an action code that pre-dates our main systems’ history.

If the action code was reported in error, correct the code and retransmit. Otherwise, contact

800-FREDDIE for assistance.

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How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

518: Reported

Foreclosure

Referral Date Must be Greater Than the Due Date

524: LRPC (AX)

Must Be Greater

Than/Equal to

FRPC (AW)

You have reported a

43 code with a date older than the DDLPI.

The date of last quality right-party contact you reported is earlier than the date of first quality right-party contact you reported.

Resolution

If the action code was reported in error, correct the code and retransmit. Otherwise, contact

800-FREDDIE for assistance.

Note: If the loan has been through a payment plan or bankruptcy and the

DDLPI has moved, you need to report a new 43 code reflecting the date you resumed the foreclosure action.

Retransmit the loan with the correct date of last quality rightparty contact.

525: Loan Must

Have Open

Referral to

Foreclosure (43)

The loan must be in foreclosure status before the first legal action can occur.

Retransmit the loan with default action code 43 (Referred to

Foreclosure). This will put the loan in foreclosure status.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

527: First Legal

Action (68) Must

Be Greater

Than/Equal to

Referral to

Foreclosure (43)

The date of the first legal action you reported is earlier than the referred to foreclosure (43) date.

529: Bankruptcy

Crt Clearance (76)

Must be Reported

Before This Code

There is an active bankruptcy code for the loan in our system.

530: Forbearance

(09) and

Repayment Plan

(12) Cannot be

Reported in Same

Cycle

A loan cannot be in forbearance and a repayment plan at the same time.

Resolution

Retransmit the loan, ensuring that the date of the first legal action is later than the date the loan was referred to foreclosure.

 If you reported default action code

09 (Forbearance) or

12 (Repayment

Plan) in error, retransmit the loan with the correct code.

 If you did not report code 09

(Forbearance) or 12

(Repayment Plan) in error, retransmit the loan with default action code

76 (Bankruptcy

Court Clearance

Obtained) and code

09 or 12.

Retransmit the loan, using default action code 09 (Forbearance) or 12 (Repayment

Plan) to indicate the most recent activity.

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Freddie Mac Document

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

533: Frb (09),

Repay Plan (12), or Trial Period beg dt < open Ref to

Fcl (43)

The forbearance, repayment plan,

Standard Modification

Trial Period Plan, or

Streamlined

Modification Trial

Period Plan date reported is earlier than the foreclosure referral date reported.

If the borrower is successfully performing in a forbearance, repayment plan,

Standard

Modification, or

Streamlined

Modification, you should not have referred the loan to foreclosure.

Resolution

Retransmit the loan, using default action code 09

(Forbearance), 12

(Repayment Plan), BF

(Freddie Mac

Standard Modification

Trial Period), or TM

(Freddie Mac

Alternative

Modification Trial

Period) for

Streamlined

Modification Trial

Period Plan reporting, to indicate the most recent activity.

Contact

800-FREDDIE if you reported correctly and inadvertently referred the loan to foreclosure even though the borrower is successfully performing in a forbearance, repayment plan,

Standard

Modification, or

Streamlined

Modification.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

536: Breach Letter

Action Date Must be Greater than

Bankruptcy Court

Clearance Date

Default action code 76

(Bankruptcy Court

Clearance Obtained) must be reported to indicate the end of the bankruptcy you previously reported before you report default action code 80

(Date Breach Letter

Sent).

Resolution

If the default action code was reported in error, delete the code from the record and retransmit.

Otherwise, contact

800-FREDDIE for assistance.

537: Breach Letter not Reported Prior to Foreclosure

Referral

You have reported default action code 43

(Referred to

Foreclosure), but have not yet reported default action code 80

(Date Breach Letter

Sent).

538: Breach Letter

Date must be

Earlier than

Referral to Fcl

Date

The date reported for default action code 80

(Date Breach Letter

Sent) is later than the date reported for default action code 43

(Referred to

Foreclosure).

You can report default action code 80 with code 43, if the date for code 80 is earlier than the date reported for code 43.

Report default action code 80 (Date Breach

Letter Sent), if you have sent the breach letter.

Otherwise, contact

800-FREDDIE for assistance.

If the date you reported for default action code 80 is incorrect, retransmit with the correct date.

Otherwise, contact

800-FREDDIE for assistance.

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Freddie Mac Document

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

539: Breach Ltr

Act Dt must be on or before 09, 12,

20, Trl Pd in Cycle

The date reported for default action code 80

(Date Breach Letter

Sent) is later than the dates reported for default action codes

09 (Forbearance), 12

(Repayment Plan), 20

(Reinstatement), BF

(Freddie Mac

Standard Modification

Trial Period), or TM

(Freddie Mac

Alternative

Modification Trial

Period) for

Streamlined

Modification Trial

Period Plan reporting.

You can report default action code 80 with codes 09, 12, 20, BF, and TM if the date for code 80 is on or prior to the dates reported for these codes.

Resolution

If the date you reported for default action code 80 is incorrect, retransmit with the correct date.

Otherwise, contact

800-FREDDIE for assistance.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

550: HAMP in

Review Date (H7) must be greater than or equal to the

Eligible for HAMP

Date (H6)

The date reported for default action code H7

(HAMP in Review) is earlier than the date reported for default action code H6

(Eligible for HAMP).

551 HAMP

Modification

Agreement Sent

Date (H8) must greater than or equal to the

HAMP in Review

Date (H7)

552: HAMP

Modification

Agreement

Received Date

(H9) must be greater than or equal to the

HAMP

Modification

Agreement Sent

Date (H8)

Ensure that the date reported for default action code H7 is equal to or later than the date reported for default action code

H6.

The date reported for default action code H8

(HAMP Modification

Agreement Sent) is earlier than the date reported for default action code H7

(HAMP in Review).

The date reported for default action code H9

(HAMP Modification

Agreement Received) is earlier than the date reported for default action code H8

(HAMP Modification

Agreement Sent).

Resolution

If the date you reported for default action code H7 is incorrect, retransmit with the correct date.

Otherwise, contact

800-FREDDIE for assistance.

If the date you reported for default action code H8 is incorrect, retransmit with the correct date.

Otherwise, contact

800-FREDDIE for assistance.

If the date you reported for default action code H9 is incorrect, retransmit with the correct date.

Otherwise, contact

800-FREDDIE for assistance.

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Freddie Mac Document

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

553: Solicit Letter

Sent (H4) must have a DDLPI greater than 31 days delinquent

The date reported for default action code H4

(Solicitation Letter

Sent) is not at least 31 days greater than the

DDLPI reported for the loan.

555: Ineligible for

Short Sale Date

(HC) must be greater than or equal to the Short

Sale in Review

(HB) Date

556: Repayment

Plan Review Date

(11) must be less than or equal to

Repayment Plan

(12) Date

The date reported for default action code

HC (Ineligible for

Short Sale) is earlier than the date reported for default action code

HB (Short Sale in

Review).

The date reported for default action code 11

(Repayment Plan in

Review) is later than the date reported for default action code 12

(Repayment Plan).

Resolution

If the date you reported for default action code H4 is incorrect, retransmit with the correct date.

Otherwise, contact

800-FREDDIE for assistance.

If the date you reported for default action code HC is incorrect, retransmit with the correct date.

Otherwise, contact

800-FREDDIE for assistance.

If the date you reported for default action code 11 is incorrect, retransmit with the correct date.

Otherwise, contact

800-FREDDIE for assistance.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

561: Ineligible for

Modification Dt

(HE) must be after the Modification

Plan Rev (HD)

Date or HAMP

Rev (H7) Date

The date reported for default action code HE

(Ineligible/Cancel

Modification) is earlier than the date reported for default action code HD

(Modification in

Review) and, if the loan was considered for HAMP, after default action code H7

(HAMP in Review).

Ensure that the date reported for default action code HE is equal to or later than the dates reported for default action codes

HD or H7.

563: HAMP Trial

Per Dt must be 1 st of Month

The date reported for default action code 09

(Forbearance) with default reason code

HMP is not the first of the month.

This edit is applicable to loans with a HAMP trial period start date on or after February 1,

2012.

Resolution

If the date you reported for default action code HE is incorrect, retransmit with the correct date.

Otherwise, contact

800-FREDDIE for assistance.

Retransmit with the correct date.

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Freddie Mac Document

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

566: Std Mod

Trial Per Dt must be > = to

10/01/2011

You reported a

Standard Modification trial period start date that is prior to October

1, 2011.

567: Trial Period

Start Date must be first of the month

You reported a trial period plan start date that is not the first of the month.

Resolution

Retransmit with the correct date.

Otherwise, contact

800-FREDDIE for assistance.

Retransmit with the correct date.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

568: Forb (09) cannot be reported with active Trial

Period

You cannot report default action code BF

(Standard

Modification Trial

Period) or TM

(Freddie Mac

Alternative

Modification Trial

Period) and default action code 09

(Forbearance) in the same cycle.

Resolution

How to Resolve

When You Want to

Process Default

Action Code BF or

Default Action Code

TM:

If you intended to report default action code BF or default action code TM, but received this error and default action code 09 processed instead, contact 800-

FREDDIE, option 4.

If you intended to report default action code BF or default action code TM, and it processed, but you received this error for default action code 09, resubmit the transaction with a blank default action code and the DDLPI to clear the error.

Refer to the following page for information on how to resolve if you want to process default action code 09.

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How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

568: Forb (09) invalid with Std

Mod (BF)

(continued from previous page)

You cannot report default action code BF

(Standard

Modification Trial

Period) or TM

(Freddie Mac

Alternative

Modification Trial

Period) and default action code 09

(Forbearance) in the same cycle.

Resolution

How to Resolve

When You Want to

Process Default

Action Code 09:

If you intended to report default action code 09, but received this error and default action code BF or default action code

TM processed instead, contact

800-FREDDIE, option

If you intended to report default action code 09, and it processed, but you received this error for default action code BF or default action code

TM, resubmit the transaction with a blank default action code and the DDLPI to clear the error.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

569: Repay Plan

(12) cannot be rptd with active Trial

Period

You cannot report default action code 12

(Repayment Plan) and default action code BF

(Standard

Modification Trial

Period) or default action code TM

(Freddie Mac

Alternative

Modification Trial

Period) in the same cycle.

Resolution

How to Resolve

When You Want to

Process Default

Action Code BF or

Default Action Code

TM:

If you intended to report default action code BF or default action code TM, but received this error and default action code 12 processed instead, contact

800-FREDDIE, option

If you intended to report default action code BF or default action code TM, and it processed, but you received this error for default action code 12, resubmit the transaction with a blank default action code and the DDLPI to clear the error.

Refer to the following page for information on how to resolve if you want to process default action code 12.

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March 2016 60

Freddie Mac Document

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

569: Repay Plan

(12) cannot be rptd with active Trial

Period

(continued from previous page)

You cannot report default action code 12

(Repayment Plan) and default action code BF

(Standard

Modification Trial

Period) or default action code TM

(Freddie Mac

Alternative

Modification Trial

Period) in the same cycle.

Resolution

How to Resolve

When You Want to

Process Default

Action Code 12:

If you intended to report default action code 12, but received this error and default action code BF or default action code

TM processed instead, contact

800-FREDDIE, option

If you intended to report default action code 12, and it processed, but you received this error for default action code BF or default action code

TM, resubmit the transaction with a blank default action code and the DDLPI to clear the error.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

570: Trial Date different from previously reported date

The date you reported this cycle for default action code BF

(Standard

Modification Trial

Period) or default action code TM

(Freddie Mac

Alternative

Modification Trial

Period) is different from the date you reported in the prior cycle.

572: HMP Trial

Dt diff from prev rptd date

The HAMP trial period start date reported for the current cycle is different from the date reported in the prior cycle.

This edit is applicable to loans with a HAMP trial period start date on or after October 1,

2011.

Resolution

If the date you reported for default action code BF or default action code

TM is incorrect, retransmit with the correct date.

Otherwise, contact

800-FREDDIE for assistance.

If the date you reported for the current cycle is incorrect, retransmit with the correct date.

Otherwise, contact

800-FREDDIE for assistance.

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Freddie Mac Document

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

573: DDLPI must adv for Action Cd

You reported one of the following:

 Default action code 20

(Reinstatement) with a DDLPI that did not advance from the

DDLPI reported in the previous cycle

 A DDLPI that advanced from the DDLPI reported in the previous cycle, but you did not report default action code 20

(Reinstatement)

574: Action Dte cannot be after cycle dte

The HAMP trial period start date,

Standard Modification trial period start date, or Streamlined

Modification trial period start date reported is later than the current cycle date.

Resolution

Verify that you are reporting the correct default action code and DDLPI.

Retransmit with the correct data.

Verify the correct trial period start date and ensure that you begin reporting it for the correct cycle.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

575: Alt Mod

Trial Period Start

Date must be greater than or equal to 10/1/2012

You reported a

Streamlined

Modification trial period start date that is earlier than October 1,

2012.

Resolution

Retransmit with the correct trial period start date. Otherwise, contact 800-

FREDDIE for assistance.

576: Std Mod

(BF) cannot be reported with active Alt Mod

Trial (TM)

You cannot report default action code BF

(Standard

Modification Trial

Period) and default action code TM

(Alternative

Modification Trial

Period) in the same cycle.

If the default action code you intended to report received this error, report default action code HE

(Ineligible/Cancel

Modification) to close the trial period associated with the default action code that was processed in error. The code you intended to report, which received this error, will then process.

If the default action code you intended to report was processed, and the default action code that was reported incorrectly received this error, resubmit the transaction with a blank default action code and the DDLPI to clear the error.

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How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

577: Ln Mod

Appeal Dt must be

>=1/10/2014

The action date reported with default action code 38

(Appeal of Loan

Modification) is prior to January 10, 2014.

Resolution

Retransmit with the correct modification appeal date.

578: BRP must be rptd before Ln

Mod Appeal

 The action date reported with default action code 38 (Appeal of Loan

Modification) is equal to or greater than January 10,

2014 and the most recently reported action date for default action code H5

(Complete

Borrower

Response

Package

Received) is prior to January 10,

2014 or is blank.

 The default action date reported for code 38 is prior to the default action date received for code H5 (which was reported on or after January

10, 2014).

Retransmit with the correct default action date.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

579: Bk Crdwn Dt must >either Bk

(59, 66, 67) Dt

You reported default action code 35

(Bankruptcy

Cramdown

Scheduled) and one of the following occurred:

 There are no open

Chapter 11, 12, or

13 bankruptcies.

 The default action date you reported for code 35 is earlier than the default action date for the most recent open bankruptcy reported.

Resolution

Retransmit with the correct default action date.

If you reported code

35 in error, resubmit the transaction with a blank default action code and the DDLPI to clear the error.

580: Bk Crdwn cannot be reptd w/

Bk Cd (65)

You reported default action code 35

(Bankruptcy

Cramdown

Scheduled) and there is an open Chapter 7 bankruptcy for the loan. You cannot report code 35 when there is an open

Chapter 7 bankruptcy.

If you reported code

35 in error, resubmit the transaction with a blank default action code and the DDLPI to clear the error.

Otherwise, contact

800-FREDDIE.

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Freddie Mac Document

How to Resolve Data Errors

Data Error

Identifier and

Message

Reason

581: Ln rptd as 3 rd

Prty/HUD convey sale

You reported a default action code for a loan that has gone to foreclosure sale, and a rollback has not been processed.

Resolution

Submit a foreclosure sale rollback request if the sale was deemed invalid/cancelled or the sale results were reported in error. The error will clear after the rollback is processed.

If you reported the default action code in error, resubmit the transaction with a blank default action code and the DDLPI to clear the error.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

EDR and Your Freddie Mac Servicer Success

Scorecard

Freddie Mac monitors the accuracy and timeliness of your EDR performance through three data integrity criteria that impact the

Default Management section of your Servicer Success Scorecard.

Data Integrity – Initial Delinquency Reporting

Edits

(Weight: 0 percent)

The Initial Delinquency Reporting Edits criterion reflects, as a percentage, the number of edits generated in your first monthly EDR transmission compared to the total number of 30+ delinquent loans in your portfolio. You must report your monthly default activity via

EDR between the first and third business days of the month. The

Initial Delinquency Reporting Edits criterion measures your proficiency at reporting accurately through EDR. A lower value indicates better performance. Freddie Mac reserves the right to exclude edits from the criterion calculation.

Calculation

Number of edits generated in your first monthly EDR transmission in Month X

Initial

Delinquency

Reporting Edits

Performance

Total 30+ delinquencies in

Month X

Individual Month Performance Example

Number of edits generated in your first monthly EDR transmission in

Month X = 100

= 20.0000 percent

Total 30+ delinquencies in

Month X = 500

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Rolling Three-Month Performance Example

Number of edits generated in your first monthly EDR transmission

April

150

May

200

June

100

Total 30+ delinquencies

April

763

May

945

June

500

450

2,208

= 20.3804 percent

Total:

450

Total:

2,208

Performance Period

The Initial Delinquency Reporting Edits criterion has a rolling threemonth performance period.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

Data Integrity – Final Delinquency Reporting

Edits

(Weight: 0 percent)

The Final Delinquency Reporting Edits criterion reflects, as a percentage, the number of edits that have not been resolved plus the number of 90+ delinquent loans and loans in foreclosure that have not been reported as of the close of the sixth business day of the month compared to the total number of 30+ delinquent loans in your portfolio. This criterion measures your proficiency at resolving EDR edits and unreported loans by the close of the sixth business day. A lower value indicates better performance. Freddie Mac reserves the right to exclude edits from the criterion calculation.

Calculation

Number of edits in your monthly

EDR transmission that have not been resolved as of the close of the sixth business day in Month X

Number of 90+ days delinquent loans and loans in foreclosure that were not reported as of the close of the sixth business day in Month X

Total 30+ delinquencies in Month X

Final Delinquency

Reporting Edits

Performance

Individual Month Performance Example

Number of edits in your monthly EDR transmission that have not been resolved as of the close of the sixth business day in Month X = 30

Number of 90+ days delinquent loans and loans in foreclosure that were not reported as of the close of the sixth business day in Month X = 40

= 2.0438 percent

Total 30+ delinquencies in Month X = 3,425

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Rolling Three-Month Performance Example

Number of edits in your monthly EDR transmission that have not been resolved as of the close of the sixth business day

Number of 90+ days delinquent loans and loans in foreclosure that were not reported as of the close of the sixth business day

March April May Total:

25 15 30

March April May

55 25 40

120

Total 30+ delinquencies

March April May Total:

2,312 2,885 3,425

8,622

190

= 2.2037 percent

8,622

Performance Period

The Final Delinquency Reporting Edits criterion has a rolling threemonth performance period.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

Data Integrity – Accuracy of DDLPI Reporting

(Weight: 5 percent)

The Accuracy of DDLPI Reporting criterion measures the percentage of your 30+ delinquent loans reported with DDLPIs that are inconsistent with the DDLPI information reported via Loan-Level

Reporting. This criterion assesses your proficiency at reporting accurate and consistent DDLPI information through EDR and Loan-

Level Reporting. A lower value indicates better performance.

Calculation

Number of DDLPI discrepancies between EDR and loan-level reporting in Month X

Total 30+ delinquencies in

Month X

Accuracy of DDLPI

Reporting Performance

Individual Month Performance Example

Number of DDLPI discrepancies between EDR and loan-level reporting in Month X = 40

Total 30+ delinquencies in Month X = 30,000

Rolling Three-Month Performance Example

0.1333 percent

Number of DDLPI discrepancies between

EDR and Loan-Level

Reporting

February March April Total:

30 45 40

115

Total 30+ delinquencies

February March April Total:

29,000 31,000 30,000

90,000

115

= .1278 percent

90,000

Performance Period

The Accuracy of DDLPI Reporting criterion has a rolling threemonth performance period.

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EDR File Format for CPU-to-CPU Transmissions

Use the following data format to report bankruptcy, delinquency and foreclosure information as well as other key mortgage servicing events to Freddie Mac.

The reporting transmission data format contains two record types:

1. The header records

2. The detail records

If you transmit your EDR data via CPU-to-CPU, you must generate a header record which precedes the rest of the data, and transmit a detail record for each transaction reported.

If you report multiple transactions under one Seller/Servicer number, you need to provide only one header record. If you report transactions under multiple Seller/Servicer numbers, you must provide a header record for each different Seller/Servicer number.

Please note that all alpha characters in the CPU transmission file are all capitals. You must provide all numbers in the default action code, property condition, occupancy status and default reason and fields, including any numbers that begin with zero. For example, report the default reason as “001”, not “1”. You must include the two preceding zeros in the default reason code.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

EDR Header Record Description

File

Position

1-3

4-6

7-14

15-20

21-26

27-46

47-56

57-60

61-66

67-73

74-78

Sample File Data

Name

CPU

IDENTIFICATION

HEADER

IDENTIFIER

TRANSMISSION

DATE

TRANSMISSION

TIME

SELLER/SERVICER

NUMBER

S/S DELIVERY

CONT NAME

S/S DELIVERY

CONT PHONE

NUMBER

CONTACT PHONE

EXT

CYCLE REPORTED

FOR

BUREAU-ID

RECORD LENGTH

INDICATOR

Picture

Data Name

CPU-ID-

HDR

HEADER-

SEND-

DATE

SEND-

TIME

SVCR-NBR

CONTACT-

NAME

CNTPHN-

NUMBER

CNTPHN-

EXT

DLVY-RPT-

BUR-ID

EDR-HDR-

REC-

LENGTH

Edit

Clause

X(3)

9(8)

9(6)

X(20)

9(10)

X(4)

9(6)

X(7)

9(5)

RESERVED FILLER

Reference

Always "264"

Always "HDR"

ED 1

SPEC 1

ED 3

ED 2

ED 3

SPEC 3

X(84)

SPEC 12

Always 00240 if using new file format. If using the previous file format, leave blank.

ED 4 79-162

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EDR Detail Record Description

File

Position

1-6

7-10

11-19

20-21

22-23

25-27

28-35

36-48

49-54

55-56

57-58

59-67

68-69

71-78

79-80

Sample File Data

Name

SELLER/SERVICER

NUMBER

RESERVED

FREDDIE MAC

LOAN NO

RESERVED

1ST DEFAULT

ACTION CODE

RESERVED

DEFAULT REASON

CODE

1ST DEFAULT

ACTION CODE

DATE

Picture Data

Name

S/S-NO

FILLER

FHLMC-

LOAN-NO

FILLER

1ST-DEF-

ACT-CODE

FILLER

DEFAULT-

REASON

1ST-DEF-

ACT-CODE-

S/S LOAN NUMBER S/S-LOAN-

NO.

DDLPI DDLPI

PROPERTY

CONDITION

OCCUPANCY

STATUS

CUR-PROP-

COND

OCCUPY-

STAT

BPO or APPRAISED

VALUE

2ND DEFAULT

ACTION CODE

RESERVED

2ND DEFAULT

ACTION CODE

DATE

3RD-DEFAULT

ACTION CODE

RESERVED

BPO-APPR-

VALUE

2ND-DEF-

ACT-CODE

FILLER

2ND-DEF-

ACT-CODE-

3RD-DEF-

ACT-CODE

FILLER

Edit

Clause

9(6)

X(4)

9(9)

X(2)

X(1)

X(3)

9(8)

X(13)

9(6)

X(2)

9(9)

X(2)

X(1)

9(8)

X(2)

X(1)

SPEC 6

ED 4

Reference

SPEC 2, ED 3

ED 4

SPEC 4, ED 3

ED 4

SPEC 6

ED 4

SPEC 8

SPEC 7, ED 1

SPEC 5

SPEC 9

SPEC 10

ED 3

SPEC 6

ED 4

SPEC 7, ED 1

Freddie Mac Document

EDR Quick Reference Guide

March 2016

File

Position

82-89

90-91

93-100

101-102

103

104-111

112-115

116-118

119

120-121

122

123-130

131-132

133

134-141

142-143

144

Sample File Data

Name

3RD-DEFAULT

ACTION CODE

DATE

4TH DEFAULT

ACTION CODE

RESERVED

4TH DEFAULT

ACTION CODE

DATE

5TH DEFAULT

ACTION CODE

RESERVED

5TH DEFAULT

ACTION CODE

DATE

DELIVERY

SERVICER

NUMBER FIRST 4

DELIVERY SITE

CODE LAST 3

RESERVED

6TH DEFAULT

ACTION CODE

RESERVED

6TH DEFAULT

ACTION CODE

DATE

7TH DEFAULT

ACTION CODE

RESERVED

7TH DEFAULT

ACTION CODE

DATE

8TH DEFAULT

ACTION CODE

RESERVED

Picture Data

Name

3RD-DEF-ACT-

CODE-DT

4TH-DEF-ACT-

CODE

FILLER

4TH-DEF-ACT-

CODE-DT

5TH-DEF-ACT-

CODE

FILLER

5TH-DEF-ACT-

CODE-DT

DETL-SERV-

FIRST-4

DETL-SITE-CD-

LAST-3

FILLER

6TH-DEF-ACT-

CODE

FILLER

6TH-DEF-ACT-

CODE-DT

7TH-DEF-ACT-

CODE

FILLER

7TH-DEF-ACT-

CODE-DT

8TH-DEF-ACT-

CODE

FILLER

Edit

Clause

Reference

9(8) SPEC 7, ED 1

X(2)

X(1)

9(8)

X(2)

X(1)

9(8)

9(4)

X(3)

X(1)

X(2)

X(1)

9(8)

X(2)

X(1)

9(8)

X(2)

X(1)

SPEC 6

ED 4

SPEC 7, ED 1

SPEC 6

ED 4

SPEC 7, ED 1

SPEC 2

SPEC 11

ED 4

SPEC 6

ED 4

SPEC 7, ED 1

SPEC 6

ED 4

SPEC 7, ED 1

SPEC 6

ED 4

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Freddie Mac Document

File

Position

145-152

153-154

155

156-163

164-165

166

167-174

175-176

177

178-185

186-187

188

189-196

197-198

199

200-207

208-209

210

Sample File Data

Name

8TH DEFAULT

ACTION CODE

DATE

9TH DEFAULT

ACTION CODE

RESERVED

9TH DEFAULT

ACTION CODE

DATE

10TH DEFAULT

ACTION CODE

RESERVED

10TH DEFAULT

ACTION CODE

DATE

11TH DEFAULT

ACTION CODE

RESERVED

11TH DEFAULT

ACTION CODE

DATE

12TH DEFAULT

ACTION CODE

RESERVED

12TH DEFAULT

ACTION CODE

DATE

13TH DEFAULT

ACTION CODE

RESERVED

13TH DEFAULT

ACTION CODE

DATE

14TH DEFAULT

ACTION CODE

RESERVED

Picture Data

Name

8TH-DEF-ACT-

CODE-DT

Edit

Clause

Reference

9(8) SPEC 7, ED 1

9TH-DEF-ACT-

CODE

FILLER

9TH-DEF-ACT-

CODE-DT

10TH-DEF-ACT-

CODE

FILLER

10TH-DEF-ACT-

CODE-DT

11TH-DEF-ACT-

CODE

FILLER

11TH-DEF-ACT-

CODE-DT

12TH-DEF-ACT-

CODE

FILLER

12TH-DEF-ACT-

CODE-DT

13TH-DEF-ACT-

CODE

FILLER

13TH-DEF-ACT-

CODE-DT

14TH-DEF-ACT-

CODE

FILLER

X(2) SPEC 6

X(1) ED 4

9(8) SPEC 7, ED 1

X(2) SPEC 6

X(1) ED 4

9(8) SPEC 7, ED 1

X(2) SPEC 6

X(1) ED 4

9(8) SPEC 7, ED 1

X(2) SPEC 6

X(1) ED 4

9(8) SPEC 7, ED 1

X(2) SPEC 6

X(1) ED 4

9(8) SPEC 7, ED 1

X(2) SPEC 6

X(1) ED 4

Freddie Mac Document

EDR Quick Reference Guide

March 2016

File

Position

211-218

219-220

221

222-229

230-241

Sample File Data

Name

14TH DEFAULT

ACTION CODE

DATE

15TH DEFAULT

ACTION CODE

RESERVED

15TH DEFAULT

ACTION CODE

DATE

RESERVED

Picture Data

Name

14TH-DEF-ACT-

CODE-DT

Edit

Clause

Reference

9(8) SPEC 7, ED 1

15TH-DEF-ACT-

CODE

FILLER

15TH-DEF-ACT-

CODE-DT

FILLER

X(2) SPEC 6

X(1) ED 4

9(8) SPEC 7, ED 1

X(12) ED 4

EDR File Edit Descriptions

Number

ED 1

ED 2

ED 3

ED 4

Edit

Must be a valid date in format CCYYMMDD.

Required field. This field must not be blank.

Must be greater than zero.

Must be filled with blank spaces.

EDR File Format Specifications

Specification Definition

SPEC 1 Must be a valid time in format HHMMSS.

SPEC 2

SPEC 3

Must be a valid Seller/Servicer number. Must be the current

Servicer of the mortgage.

Must be a valid date in format CCYYMM for the applicable reporting period. Date reported must be one month prior to the month in which the transmission is being sent. For example, when you report to us in May, the cycle month should be April of the same year.

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Freddie Mac Document

Specification Definition

SPEC 4

Must be a valid Freddie Mac-assigned loan number. (Note: The loan number must be for a mortgage that is current, delinquent or in foreclosure. Loan numbers for REO and mortgages that are in closed status should not be included in this transmission.)

SPEC 5

SPEC 6

Must be a valid date that is the Due Date of the Last Paid Installment

(DDLPI) in the format YYMMDD.

Must be blank or one of the following Default Action Codes:

Code Description

09 Forbearance or Repayment Plan (12)

(EDI Term: Forbearance)

11 Repayment Plan in Review

20 Reinstatement (full or partial) (EDI Term: Reinstated by

Mortgagor Who Retains Ownership)

24 Government Seizure

31 Probate

32 Military Indulgence

33 Contested Foreclosure & Litigation

(EDI Term: Contested Foreclosure)

35 Bankruptcy Cramdown Scheduled

38 Appeal of Loan Modification

43 Referred to Foreclosure

(EDI Term: Foreclosure Started)

49 HUD Assignment

(EDI Term: Assignment Complete)

59 Chapter 12 Bankruptcy Petition Filed

61 Second Lien Considerations

62 Veterans Affairs -- No Bid

63 Veterans Affairs -- Refund

64 Veterans Affairs -- Buydown

65 Chapter 7 Bankruptcy Petition Filed

66 Chapter 11 Bankruptcy Petition Filed

67 Chapter 13 Bankruptcy Petition Filed

68 Date of First Legal Action

69 Bankruptcy Plan Confirmed

71 Foreclosure Sale Scheduled

74 Broker’s Price Opinion (BPO) or Appraisal Obtained

(optional)

75 No Activity to Report (for each Seller/Servicer number)

76 Bankruptcy Court Clearance Obtained

80 Date Breach Letter Sent

Freddie Mac Document

EDR Quick Reference Guide

March 2016

Specification Definition

SPEC 6

(continued)

AW Date of First Quality Right Party Contact with Delinquent

Borrower

AX Date of Last Quality Right Party Contact with Delinquent

Borrower

AY Date Advised Property Listed for Sale

BF Freddie Mac Standard Modification Trial Period

H3 BPO Ordered

H4 Solicitation Letter Sent

H5 Complete Borrower Response Package Received

H6 Eligible for HAMP

H7 HAMP in Review

H8 HAMP Modification Agreement Sent

H9 HAMP Modification Agreement Received

HA Workout in Review

HB Short Sale in Review

HC Ineligible for Short Sale

HD Modification in Review

HE Ineligible/Cancel Modification

TM Freddie Mac Alternative Modification Trial Period (used

to report Streamlined Modification Trial Period Plans)

If no default action code applies to a mortgage, populate the field with blanks.

SPEC 7

SPEC 8

Must be a valid date in the format CCYYMMDD. Must be equal to the applicable date for the event defined for the Default Action Code.

A valid date must be provided for each Default Action Code reported.

Must be one of the following Default Reason Codes:

Code Description

001 Death of Principal Mortgagor

002 Illness of Principal Mortgagor

003 Illness of Mortgagor’s Family Member

004 Death of Mortgagor’s Family Member

005 Marital Difficulties

006 Curtailment of Income

007 Excessive Obligations

008 Abandonment of Property

009 Distant Employment Transfer

011 Property Problem

012 Inability to Sell Property

013 Inability to Rent Property

014 Military Service

015 Other (EDI Term: Default Detail)

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Freddie Mac Document

Specification Definition

SPEC 8

(continued)

016 Unemployment

017 Business Failure

019 Casualty Loss

022 Energy-Environment Cost

023 Servicing Problems

026 Payment Adjustment

027 Payment Dispute

029 Transfer of Ownership Pending

030 Fraud

031 Unable to Contact Borrower

032 Contaminated Drywall

034 Eligible Disaster Area

INC Incarceration

HMP Home Affordable Modification Program

A Default Reason Code must be reported for all Mortgages that are 90 or more days delinquent. Use code 031, “Unable to Contact

Borrower”, only when you have been unable to contact the Borrower and determine the reason for default. Use code 015 only when no other code applies. We rarely expect to receive code 015.

SPEC 9

Must be one of the following Property Condition Codes (for the property securing the mortgage being reported):

Code Description

03 Excellent

04 Good

05 Fair

06 Poor

10 Unknown or No Property Inspection

18 Property Inaccessible

20 Condemned

Property Condition must be reported for mortgages that are 90 or more days delinquent. Prior to the 90th day of delinquency, if the Property

Condition is unknown, populate the field with code 10, Unknown, or blanks.

You must include the leading zero where one exists.

Freddie Mac Document

EDR Quick Reference Guide

March 2016

Specification Definition

SPEC 10

SPEC 11

Must be one of the following Occupancy Status Codes:

Code Description

01 Vacant

03 Borrower Occupied

04 Tenant Occupied

06 Unknown

07 Abandoned

15 Occupied by Unknown

The Occupancy Status must be provided for all mortgages that are 90 or more days delinquent. Prior to the 90th day of delinquency, if the

Occupancy Status is unknown, populate the field with Code 06,

Unknown, or blanks. You must include the leading zero where one exists.

Must be last three digits of a valid site code. Site codes are assigned by Freddie Mac.

SPEC 12

Must be a valid Bureau ID. Bureau IDs are assigned by Freddie Mac before your first transmission.

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March 2016 82

Freddie Mac Document

નમસ્તે! હું એક AI ચેટબોટ છું જે ખાસ કરીને Freddie Mac Quick Reference Guide Electronic Default Reporting Quick Reference Guide સાથે તમને સહાય કરવા માટે તાલીમ પામેલો છે. મેં દસ્તાવેજની સંપૂર્ણ સમીક્ષા કરી છે અને તમને જરૂરી ચોક્કસ માહિતી શોધવામાં અથવા સ્પષ્ટ અને સરળ શબ્દોમાં સામગ્રી સમજાવવામાં મદદ કરી શકું છું. પછી ભલે તમે ચોક્કસ સુવિધાઓ, મુશ્કેલીનિવારણ પગલાં અથવા સામાન્ય વપરાશ વિશે માર્ગદર્શન શોધી રહ્યા હોવ, તમારા પ્રશ્નો પૂછવા માટે નિઃસંકોચ રહો. તમે તમારી ચિંતાઓ અથવા જરૂરિયાતો વિશે જેટલી વધુ વિગતો પ્રદાન કરશો, તેટલી વધુ ચોક્કસ અને અસરકારક રીતે હું તમને સહાય કરી શકું છું!

સહાયક ટાઇપ કરી રહ્યા છે

સહાયક કીબોર્ડથી બહાર છે. કૃપા કરીને, પછીથી ફરી પ્રયાસ કરો.

સામગ્રીનું કોષ્ટક

એવું લાગે છે કે તમે એક એવા દસ્તાવેજ પર પહોંચી ગયા છો જે ઘણી ભાષાઓમાં લખાયેલ છે, જેમાં તમારી મૂળ ભાષા નથી. તમે તમારી પસંદગીની ભાષા વિનાના પૃષ્ઠોને અસ્થાયી રૂપે છુપાવવા માટે નીચેની લિંક્સનો ઉપયોગ કરી શકો છો.