technical terms.. is HAMP and MHA the same thing? – Loan …

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technical terms.. is HAMP and MHA the same thing? - Loan ...

To my knowledge, MHA and HAMP are DIFFERENT programs. MHA has two aspects: One is a refi but only for gov. backed loans, I believe. The second part is a loan modification program. I think the MHA loan mod program is one of the better …

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Here is a response on similar topic:-

What branch of the government oversees the loan modification program?

Call 1-888-612-4850 they have the details.

FYI, here is a list of recently published Posts on same topic:-

How Does a Fed Cut Affect Home Mortgage Rates?
Obama’s Home Mortgage Refinance Or Modification Plan For 2009
Credit Issues and Loan Modification
The President and the Bank Would Like to Save Your Home From Foreclosure – Bank Loan Modifications
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I though that might be of interest :-)

Here is a news article on related topic:-

Judges' Frustration Grows With Mortgage Servicers

By JOHN COLLINS RUDOLF PHOENIX — Bobbi Giguere had no luck in securing a loan modification from her mortgage servicer, Wells Fargo.

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2 Comments

  1. Mervin Huiting says:

    To get loan modification approval, make yourself informed about all the new procedures and regulations for preparing a new loan modification in you area and for your bank through assistance from an experienced who is knowledgeable in submitting successful mortgage loan modification applications. Don”t also forget to get all the important forms prepared ahead of submitting the application to your loan provider .

  2. Alden Ismail says:

    To get hold of mortgage loan modification acceptance, get yourself familiar with all the new procedures and regulations for arranging a new loan modification in you area and for your particular loan provider utilizing assistance from a specialist who is knowledgeable in submitting successful loan mod applications. Don”t also overlook to get all the needed documents ready ahead of submitting the application to your bank .