MHA HAMP Reporting Update Updated Base NPV Model Documentation v5.0 Available
On October 21, Making Home Affordable (MHA) released a HAMP Reporting Update, subtitled Updated Base NPV Model Documentation v5.0 Available.
MHA HAMP Reporting Update
Updated Base NPV Model Documentation v5.0 Available
The Base NPV Model Documentation v5.0 is now available for the Home Affordable Modification Program® (HAMP). This revision of the documentation addresses following:
- Expanded eligibility for HAMP Tier 2 as detailed in Supplemental Directive (SD) 14-03.
- Clarification of process for evaluating loans with rate step-ups for HAMP Tier 2 as detailed in SD 14-03.
Servicers can access the Base NPV Model Documentation v5.0 in both the public and secure (login required) sections section of HMPadmin.com under the heading Base NPV Model Tools & Documents.
Email the HAMP Solution Center or call 1-866-939-4469.
Please click here to view the online update.
Safeguard Properties is the largest mortgage field services company in the U.S. Founded in 1990 by Robert Klein and based in Valley View, Ohio, the company inspects and maintains defaulted and foreclosed properties for mortgage servicers, lenders, and other financial institutions. Safeguard employs approximately 1,700 people, in addition to a network of thousands of contractors nationally.