Archives For: loan modification
Ginnie Mae Removes a Step for Servicers on some FHA Loan Modifications
New documentation requirements will allow companies to skip certain requirements when modifying mortgages insured by Ginnie Mae.
24 Jan 2022
USDA: Expanded Guidance – USDA Modified Interest Rate Waiver
The U.S. Department of Agriculture (USDA) issued a notice providing additional guidance on a waiver for approved loan servicers to modify loans when the interest rate may exceed the original guaranteed note rate.
2 Apr 2018
Fannie Mae: Standard Modification Interest Rate Exhibit
Fannie Mae released an exhibit providing the new Standard Modification Interest Rate required for all Fannie Mae conventional mortgage loan modifications, excluding Fannie Mae HAMP Modifications.
11 Nov 2017
Fannie Mae: Standard Modification Interest Rate Exhibit
Fannie Mae released an exhibit providing the new Standard Modification Interest Rate required for all Fannie Mae conventional mortgage loan modifications, excluding Fannie Mae HAMP Modifications.
5 May 2017
VA Circular 26-17-10: Department of Veterans Affairs Affordable Modification
The U.S. Department of Veterans Affairs (VA) released a circular providing guidance and instructions for modifying VA guaranteed loans.
7 Apr 2017
More Consumers Seek Loan Modifications
DS News published an article discussing loan modification and foreclosure data from the January 2017 HOPE NOW Data Report.
20 Mar 2017
Industry Experts Reveal Details of HAMP Replacement Program
HousingWire published an article discussing the One Mod: Principles for Post-HAMP Loan Modification program.
26 Oct 2016
Industry Hits A ?Momentous Milestone? for Loan Modifications
DS News published an article highlighting findings from the HOPE NOW August 2016 loan modification data report.
20 Oct 2016
Fannie Mae Standard Modification Interest Rate Exhibit
Fannie Mae released an exhibit providing the new Standard Modification Interest Rate required for all Fannie Mae conventional mortgage loan modifications, excluding Fannie Mae HAMP Modifications.
10 Aug 2016
Fannie Mae Reminds Servicers of Options for South Carolina Homeowners
Fannie Mae issued a news release reminding servicers of existing guidelines that are in place to assist impacted borrowers that have been affected by natural disasters.
6 Oct 2015