Tag: MHA

By May 30, 2013 0 Comments Read More →

HAMP Extended Through 2015

The Treasury Department announced today that the Home Affordable Modification Program (HAMP) will be extended through December 31, 2015. Earlier this year, Treasury extended the deadline for the Home Affordable Refinance Program (HARP) through the same date. HAMP provides loan modifications through the Making Home Affordable program launched in March 2009. As of March 2013, […]

Posted in: News and Events
By May 29, 2013 2 Comments Read More →

Did You Know? Loan Modifications Are Exempt From Most Federal Disclosure Requirements

When you take out a mortgage on your home, you are handed a stack of paperwork to review including all kinds of notices and disclosures required by the Truth in Lending Act (TILA) and the Real Estate Settlement and Procedures Act (RESPA). Did you know that when a borrower enters into a loan modification agreement […]

By May 24, 2013 0 Comments Read More →

Did You Know? Fannie and Freddie Now Call Deeds-In-Lieu “Mortgage Releases”

HouseKeeping Report is launching a new series called Did You Know? in which we will highlight, explain, or review a single term, program feature, or other item of interest to foreclosure mediators, housing counselors, attorneys and even homeowners. This week: Did you know that Fannie and Freddie now call deeds-in-lieu of foreclosure “Mortgage Releases”? A […]

By November 15, 2012 0 Comments Read More →

Treasury Report Describes How Major Loan Servicers Are Implementing Single Point of Contact Requirements

This week the US Treasury Department released a new report surveying servicer implementation of the new Single Point of Contact (SPOC) requirements. The report describes the different methods servicers have used to implement SPOC and discusses how the nine largest Making Home Affordable servicers manage training, caseloads, missed calls, and performance metrics. We all remember too […]

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