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  2. Making Home Affordable - Wikipedia

    en.wikipedia.org/wiki/Making_Home_Affordable

    The Home Affordable Modification Program (HAMP) is a government program introduced in 2009 to respond to the subprime mortgage crisis.HAMP [10] is part of the Making Home Affordable program (MHA), [11] established in concert with the Hardest Hit Fund program (HHF) [12] under the Troubled Asset Relief Program (TARP), a part of the Emergency Economic Stabilization Act of 2008. [13]

  3. Flex Modification Program (FMP): Everything you need to know

    www.aol.com/finance/flex-modification-program...

    The Flex Modification program is a conventional loan modification program designed to help homeowners who are ... if you default and the foreclosed home is sold. If the loan is current or past due ...

  4. How the Flex Modification Program Works - AOL

    www.aol.com/finance/flex-modification-program...

    The Flex Modification program was created to replace existing mortgage modification programs, including the Home Affordable Modification Program (HAMP) and the Standard Modification program. The ...

  5. Mortgage loan modification: What it is and how to get one - AOL

    www.aol.com/finance/mortgage-loan-modification...

    USDA loan modification: With a USDA loan, you can modify your mortgage with an extended term of up to 40 years, reduce the interest rate and receive a “mortgage recovery advance,” a one-time ...

  6. Loan modification in the United States - Wikipedia

    en.wikipedia.org/wiki/Loan_modification_in_the...

    The Program is part of the Making Home Affordable Program which was created by the Financial Stability Act of 2009. [26] The program was built as collaboration with banks, services, credit unions, the FHA, the VA, the USDA and the Federal Housing Finance Agency, to create standard loan modification guidelines for lenders to take into ...

  7. Mortgage modification - Wikipedia

    en.wikipedia.org/wiki/Mortgage_modification

    Following the 2007 real estate recession, the government mandated the program, Making Home Affordable (MHA), and its loan modification aspect, Home Affordable Modification Program (HAMP) became the answer for both the struggling borrower and the lender. The lender is motivated to offer modification under this program by the expectation that a ...

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