Making Home Affordable
Launched in february 2009 making home affordable mha consists of several programs designed to help struggling homeowners prevent avoidable foreclosures.
Making home affordable. For immediate assistance call 888 995 hope 4673 hearing impaired. The making home affordable act mhaa is really a group of many connected programs all with the aim of relieving financial hardship caused by home ownership. Home affordable modification program hamp.
Over 1 8 million families have been helped directly through hamp. As a freddie mac seller servicer you play a vital role in implementing this program and assisting borrowers who have freddie mac owned mortgages with. The first thing they all do is to ask for your info for a credit report and phone number to hassel you.
The making home affordable program of the united states treasury was launched in 2009 as part of the troubled asset relief program the main activity under mha is the home affordable modification program. A loan modification program introduced in 2009 to promote stability in the housing market. Other programs under mha include.
Freddie mac is pleased to play a key role in sustaining homeownership and supporting the federal making home affordable program announced on march 4 2009. They are just. Principal reduction alternative pra assists homeowners with a loan to value ratio exceeding 115 percent.
The scammers claimed to be connected with the homeowners lenders or said they had already been approved for a loan modification under the home affordable modification program or hamp. Turns out you don t need to bother with those. The home affordable modification program hamp was aimed at.
I thought i d put this up because i wasted time and almost gave away information responding to all those ads offering to help with home loan refinancing mortgage reduction. The mha program has also set new standards that have transformed the mortgage industry resulting in more than 3 9 million. 877 304 9709 tty let an expert from a hud approved housing counseling agency help you understand your options prepare your application and work with your mortgage company.