2014 – 2015 HAMP Mortgage Modification Program Extension


The Obama administration, via the Federal Housing Finance Agency (FHFA) has directed government sponsored entities Fannie Mae and Freddie Mac to extend the Home Affordable Modification Program (HAMP) through year-end 2015. The HAMP program allows struggling homeowners to refinance to a lower rate and stay in their homes. he HAMP program was scheduled to expire […]

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Alternative Home Loan Modifications Outpacing Government HAMP Mortgage Relief Program in Helping Homeowners


In a sign that private enterprise is still much more efficient than government run programs, USA today published a story confirming that private servicers’ alternative home loan modifications are outpacing government sponsored HAMP mortgage modifications. Despite the attention given to the federal government’s $50 billion Home Affordable Modification Program (HAMP), which was designed to lower […]

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