Tag Archives: HAMP

IN the NEWS What is Dodd-Frank Certification? How does it tie in with Making Home Affordable Modification Program?

What else may you need to apply for a loan modification, the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub. L. 111-203) requires you to disclose if you have had an criminal activity in your past or present. A short form in order for you to get approved for a loan modification.

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Loan Modification Tips You Need Today!

Mortgage lenders will do anything to escape having to modify a homeowner’s loan, but these tips help level the playing field. www.InvestorDirector.com Wrighting the ship Who would know more about the daunting challenges facing today’s homeowners than someone who is fighting a giant legal battle against the largest mortgage servicer in America? John Wright is [...]

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What you need to know about the foreclosure process PART 1

The Home Affordable Modification program has updated their guidelines and has republished the full booklet on their website.  Below is a brief recap of key items you need to know.  This article part 1 of 3 and will review the steps outlined in the online version. Suspension of a Referral to Foreclosure A servicer may [...]

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Request for Modication Affidavit or RMA

If you have applied recently for a loan modification to assist you in keeping your home out of foreclosure or you are seeking to just reduce your monthly mortgage payment, you have probably heard of the Request for Modification Affidavit or RMA. Like any government issued form it has to be filled out correctly and [...]

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Will HAFA Supplemental Directive 09-09 eliminate short sale investor flips / quickturns

I recently posted on this blog the following article Short Sale Heaven Coming April 5th 2010 . Out of it came several interesting comments including a post from an gentleman who sharply disputed my comments  let me know that I’d “been schooled.”  I delayed replying because I thought further discussion of the subject of the [...]

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