Angella's Real Estate Secrets & Insider Tips For Real Estate Investors

Mortgage Help for Unemployed – Home Affordable Unemployment Program (HAUP)

Starting July 1, homeowners can apply for assistance from the Home Affordable Unemployment Program (HAUP). Mortgage Help for Unemployed, or HAUP, provides homeowners a forbearance of monthly mortgage payments, either reducing them or suspending them for at least three months.   Servicers can extend the timeline depending on regulatory guidelines. In June, the unemployment rate edged [...]

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Home Affordable Modification Program (HAMP) Update

Home Affordable Modification Program (HAMP) Update – I missed this HAMP update yesterday. Although the changes are not all that relevant to most loan originators, struggling homeowners should take note. From the release: Critical Home Affordable Modification Program Waiver Granted to Participating Servicers Effective today, a new critical Home Affordable Modification Program (HAMP) Waiver is granted to [...]

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