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Loan Modification

: The Truth About Mortgage.com

HAMP Modifications Will Require Income Documentation Upfront

By scot184

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The not-so-hot Home Affordable Modification Program (HAMP) will soon require borrowers to provide important income documentation upfront in order to take part. For all HAMP trial period plans with effective dates on or after June 1, loan servicers may evaluate borrowers for program eligibility only after they receive the initial documentation package, which includes: - Request for [...]

Full post as published by The Truth About Mortgage.com on January 29, 2010 (boomark / email).

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