The Workout Details section of the Details page contains information specific to the deed-in-lieu liquidation and includes the following data fields.
The table below provides a brief description of each data field in the Workout Details section.
Field Name | Field Type | Description | Source |
Contribution | |||
Borrower Cash Contribution | Currency | Dollar amount of cash contributions by the borrower. | Servicer Input |
Is Insufficient Contribution Justified | Yes/No | Indicates whether the Servicer has approved the justification provided by the borrower around why they're unable to meet the investor's recommended cash contribution amount. | Servicer Input |
Reason For Insufficient Contribution | Text | States the reason for insufficient contributions by the borrower. | Servicer Input |
Relocation Incentives | |||
Investor | Currency | Dollar amount of incentive that will proceed towards borrower relocation expenses. | Servicer Input |
DLA/Other Government | Currency | Dollar amount that the DLA/Government will contribute towards the relocation assistance. | Servicer Input |
Alternative Sources | Currency | Dollar amount that other alternative sources will contribute towards the relocation assistance (i.e., employer). | Servicer Input |
Servicer | Currency | Dollar amount that the Servicer will contribute towards the relocation assistance. | Servicer Input |
Payoff of Second Mortgage Loan | Currency | Dollar amount to payoff the second mortgage lien. | Servicer Input |
Hazard Insurance Proceeds Amount | Currency | Amount of hazard insurance recovered to repair damage to a property at the time of approval. | Servicer Input |
This information is not a replacement or substitute for the requirements in the Freddie Mac Single-Family Seller/Servicer Guide or any other contractual agreements. This information does not constitute an agreement between Freddie Mac and any other party. © 2025 Freddie Mac. |
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