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#2108916 - 11/29/16 04:16 PM Pymt Deferral/MIRE Event?/Conflicting answers
HRH Okie Banker Offline
Power Poster
Joined: Jan 2003
Posts: 3,070
Oklahoma
Is the deferral of a scheduled loan payment - with no extension of maturity - a MIRE event? A search has led to conflicting answers. I've said yes in the past but I have some peeps that say no based on their research.
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Flood Compliance
#2108934 - 11/29/16 05:37 PM Re: Pymt Deferral/MIRE Event?/Conflicting answers HRH Okie Banker
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,364
Galveston, TX
The deferral of a payment without extending the maturity of the loan is not a triggering event.
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