Reperforming Loan (RPL) Definition
What Is a Reperforming Loan (RPL)? A reperforming loan (RPL) is a mortgage that had become delinquent because the borrower fell behind on payments by at least 90 days, but returned to “performing” status again because the borrower has resumed making payments. Key Takeaways A reperforming loan (RPL) is one that was once delinquent but