MHA SD 14-01 Servicer Handbook Version 4.4; Administrative Clarifications
On March 3, Making Home Affordable (MHA) released Supplemental Directive 14-01: Making Home Affordable® Program – Handbook for Servicers Version 4.4 and Administrative Clarifications.
Supplemental Directive 14-01: Making Home Affordable® Program – Handbook for Servicers Version 4.4 and Administrative Clarifications
As of today, March 3, 2014, servicers can download Version 4.4 of the Making Home Affordable Program Handbook for Servicers of Non-GSE Mortgages (Handbook) from HMPadmin.com. The Handbook is a consolidated reference outlining the requirements and guidelines of the Making Home Affordable Program for mortgage loans that are not guaranteed by Fannie Mae or Freddie Mac.
Unlike Supplemental Directives (SDs), which outline specific policy topics only, the Handbook is organized so servicers can easily find program information in one convenient guide.
Version 4.4 of the Handbook incorporates and supersedes in their entirety Supplemental Directives 13-07, 13-08, 13-09, 13-10, 13-11, and 13-12.
In addition, Version 4.4 of the Handbook incorporates administrative clarifications into several sections of Version 4.3 of the Handbook. These clarifications are effective immediately and include the following topics:
- Making Home Affordable Outreach and Borrower Intake Project
- Suspension of a Referral to Foreclosure
- Post-Modification Counseling Solicitation Requirement for Borrowers in or Discharged from Bankruptcy
- Handbook Mapping Clean-Up and Clarifications
See SD 14-01: Making Home Affordable Program – Handbook for Servicers Version 4.4 and Administrative Clarifications for more information regarding these updates.
Please click here to view the online update.
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