Hamp “Improvements” – Making Home Affordable Program Enhancements to Offer More Help for Homeowners

Today (Friday March 26th) the Administration announced enhancements to the Home Affordable Modification Program (HAMP) to provide additional resources for struggling homeowners.  These changes will provide temporary mortgage assistance to some unemployed homeowners, encourage servicers to write-down mortgage debt as part of a HAMP modification, allow more borrowers to qualify for modification through HAMP, and … Read more