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Service workout action template (swat)Date of this Action Plan:Is this a NEW Action Plan?: If No, Date of last Action Plan:Yes No/ / Loan/property Detail Property Name: Execution Type (select one):CashMBSAggregationREMIC
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The servicer workout action template is a form used to report workout actions taken by servicers on nonperforming loans.
Servicers are required to file the servicer workout action template.
Servicers must provide the required information on the template, including details of workout actions taken.
The purpose of the servicer workout action template is to track and report workout actions on nonperforming loans.
Information such as borrower details, loan information, workout actions taken, and outcomes must be reported on the servicer workout action template.
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