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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 ...
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
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.
My monthly debt payments are excessive and I am overextended with my creditors. Debt includes credit cards, home equity or other debt. My expenses have increased. For example: monthly mortgage payment reset, high medical or health care costs, uninsured losses, increased utilities or property taxes.
Fannie Mae Form 1021 – Fill Out and Use This PDF. The Fannie Mae 1021 form, also known as the Home Affordable Modification Program Hardship Affidavit, is a document that borrowers must complete to request a loan modification due to financial hardship.
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