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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
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 ...
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.
Home Affordable Modification Program (HAMP) The Home Affordable Modification Program (HAMP) is designed to help at risk homeowners – both those who are in default and those who are at imminent risk of default – by providing the borrower with affordable and sustainable monthly payments.
Additionally, an updated Home Affordable Modification Program (HAMP) Hardship Affidavit (Selling and Servicing Guide Form 1021) was posted to eFannieMae.com on Friday, August 14. Servicers have the option of using these revised documents immediately; however, they must use them by September 30, 2009.
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.
