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A Standard Pre-Foreclosure Sale (PFS) Option is a PFS Option available for Owner-Occupant
Borrowers who are experiencing a hardship affecting their ability to sustain their Mortgage, as
determined by the Deficit Income Test (DIT) and:
• are in Default; or
• are current or less than 30 Days past due but facing Imminent Default due to a hardship
as described in the Eligible Borrowers section.

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