12.3.5.2.2 Freddie Mac Post-forbearance options

For borrowers with COVID-19 hardships that are exiting forbearance, Freddie Mac has developed options to address the unpaid amounts beyond making a lump sum payment. While Freddie Mac includes payment of a lump sum as one possible means of addressing forborne payments, its regulator has said that a servicer cannot require a lump sum payment at the end of forbearance.⁶⁹ Freddie Mac provides a menu of alternatives that hinge on whether the borrower can resume making their pre-forbearance mortgage payment.