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Demand Notice field group
This field group displays information about any demand or default notices sent to the customer in regards to a delinquent loan account.
Use the date fields to indicate the date a Demand or Default notice was sent to the customer (mnemonic FCCDMS/FCCDFS). The fields to the right of the date fields are mailing Method indicators. Possible selections in these indicator fields are "Registered" and "Certified." Method indicators are not required.
Note: The Demand Notice date is reported to Freddie Mac as status code 80 (Date Breach Letter Sent) and appears on the Freddie Mac EDR Report (FPSRP153). |
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