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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
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 ...
My household income has been reduced. For example: reduced pay or hours, decline in business earnings, death, disability or divorce of a borrower or co-borrower. My monthly debt payments are excessive and I am overextended with my creditors. Debt includes credit cards, home equity or other debt.
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.
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 ...
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.
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.
