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TO: Freddie Mac ServicersOctober 11, 2017 201722SUBJECT: SERVICING UPDATES This Guide Bulletin announces: Imminent default evaluation and process for mortgage modifications New imminent default evaluation
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Begin by obtaining the imminent default evaluation form from the relevant authority or organization.
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Read the instructions carefully to understand the requirements and criteria for evaluation.
03
Collect all the necessary documents and information required for the evaluation.
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Fill out the form accurately, providing all the requested details.
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Submit the filled out form along with any supporting documents to the designated authority or organization.
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Who needs imminent default evaluation and?

01
Individuals or businesses who are facing potential default on their financial obligations.
02
Creditors or lenders who need to assess the risk of imminent default by their debtors.
03
Organizations or agencies that provide assistance or financial support to individuals or businesses in danger of defaulting.
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Imminent default evaluation is an assessment done to determine if a borrower is at risk of defaulting on a loan.
Lenders are required to file imminent default evaluation.
Imminent default evaluation can be filled out by providing detailed information about the borrower's financial situation.
The purpose of imminent default evaluation is to assess the likelihood of a borrower defaulting on a loan.
Information such as the borrower's current financial status, repayment history, and any potential risk factors must be reported on imminent default evaluation.
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