Ray Garcia, Esq. Designed by Spotlight Branding. Law Offices of Ray Garcia, P. Board Certified in Real Estate Law. The key components to the Earned Principal Forgiveness Program include: 1. FAQ Have a question? An interest rate reduction and other steps would then be considered, if additional savings are necessary to reach the targeted payment. This solution will be considered when it provides a more positive outcome under the net present value test than under the standard HAMP guidelines.
BofA has started offering two other affordable and sustainable payment solutions on certain pay-option ARMs. Via its overall homeownership retention efforts since January , BofA has helped over , borrowers with a completed loan modification or HAMP trial modification.
That includes over , completed modifications via proprietary programs; close to 21, completed mortgage modifications; and over , active trial modifications via the HAMP through February. Deal Database. Tags ABS. March 24, , a. That piece of the federal program will become effective later this year and may be considered for a broader range of loans. Remove this section of ads by registering.
Similar Threads Principal bars white students from tutoring program By green73 in forum U. Political News. Replies: 0 Last Post: , PM. Replies: 2 Last Post: , PM. Replies: 18 Last Post: , PM. Replies: 1 Last Post: , AM.
0コメント