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I just read my question and realized I didn't mention that this was a foreclosure (though it was probably obvious). Want to confirm this doesn't change your answer.
For the 1099-C, I'll report it on Form 982 Part I with nothing in Part II? And then just hold onto the 1099-A in case they send a 1099-C for that mortgage for 2013 or whenever.
Foreclosure doesn't change the answer.
Form 982 Use Part I
FYI - this answer did not end up being correct. Because it is a foreclosure on a recourse loan, it is treated as a sale. The sale should be reported on Schedule D. This ended up being a non-deductible personal loss, but should still be reported on the return if for no other reason than to facilitate IRS matching against the 1099-A received. The simple answer that "it doesn't need to be reported on the return" was not accurate and more information should have been sought before this answer was given. Thankfully, I followed up with additional people, and ultimately the NATP Tax Research service because I didn't feel completely confident in this answer.
MEGAN C TAX PREPARER ONLY Individual A red an Attorney