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This form is used by borrowers to document their financial hardship in connection with the Home Affordable Modification Program. Keywords 1021,Servicing Transactions,Loan Application
Fannei Mae Form 1021 Page 2 of 4 Aprl 2009 Information for Government Monitoring Purposes The following information is requested by the federal government in order to monitor compliance with federal statutes that prohibit discrimination in housing. You are not required to furnish this information, but are encouraged to do so.
In order to qualify for _____________________________’s (“Servicer”) offer to enter into an agreement to modify my loan under the federal government’s Home Affordable Modification Program (the “Agreement”), I/we am/are submitting this form to the Servicer and indicating by my/our checkmarks (“ ”) the one or more events that ...
Note: The term “reasonable e˜orts” includes, without limitation, advertising the property for rent in local newspapers, websites or other commonly used forms of written or electronic media, and/or engaging a real estate or other professional to assist in renting the property, in either case, at or below market rent.
HAMP works by encouraging participating mortgage servicers to modify mortgages so struggling homeowners can have lower monthly payments and avoid foreclosure. It has specific eligibility requirements for homeowners and includes strict guidelines for servicers.
Complete the Request for Modification and Affidavit (RMA) form: This form is crucial for applying to the HAMP. Fill it out accurately and provide all requested information. Make sure to include your financial details, reasons for requesting the modification, and any other required information.
Complete Home Affordable Modification Program Hardship Affidavit (Form 1021): PDF. Home Affordable online with US Legal Forms. Easily fill out PDF blank, edit, and sign them. Save or instantly send your ready documents.
