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hamp

Question tag: hamp 27 Questions

0 Votes 1 Ans

What is HAMP?

hamp

0 Votes 1 Ans

Is a borrower who has received a HAMP offer eligible for a subsequent HAMP offer? When is a servicer’s SPA obligation to offer a borrower a HAMP modification considered satisfied?

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Does HAMP distinguish between short-term and long-term hardship for eligibility purposes?

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How Do You Calculate Current Mortgage Payment For HAMP, The Obama Modification Program?

CALCULATE Estate Finance hamp mortgage mortgages payment

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Is housing counseling required for a modification under HAMP?

counseling hamp HOUSING modification

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Can FHA or VA loans be modified under HAMP? Are all loans eligible?

eligible FHA hamp Loans modified VA

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What types of documentation would be considered reliable enough to validate Other Earned Income for HAMP?

documentation earned hamp income types

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If I dont currently have an escrow account on my mortgage, am I still eligible for a modification under HAMP?

account Currently eligible escrow hamp modification mortgage

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What is a HAMP trial period?

hamp period trial

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Is the interest rate subject to change during the term of the HAMP modification?

hamp Interest rate modification Subject term

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What happens if I am unable to make payments during the HAMP trial period?

hamp happens PAYMENTS period trial

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Can I get a mortgage modification through the Home Affordable Modification Program (HAMP) if my loan is not owned or guaranteed by Fannie Mae or Freddie Mac?

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Are audited profit and loss (P&L) statements required when verifying income for HAMP?

audited hamp income loss profit statements verifying

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What happens at the end of the forbearance period if I have not found a new job and can’t get a HAMP modification?

forbearance hamp happens Job modification period

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How long will modifications under HAMP be available?

hamp modifications

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I was unable to complete all my payments under the HAMP trial modification plan and would like to pursue a short sale. How will the new program enhancements help me pursue this alternative to foreclosure?

COMPLETE hamp modification PAYMENTS Plan pursue sale short trial

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What sort of guarantees does the REST Report make about getting approved for a HAMP loan modification?

Approved guarantees hamp loan modification report rest sort

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Are lenders obligated to provide me with the Home Affordable Modification Program (HAMP)?

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Can a homeowner participate in a HAMP Trial Period Plan and agree to a HAFA Short Sale at the same time?

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How long will borrowers have to enter into a HAMP modification?

borrowers enter hamp modification