US Treasury Dept. HAMP Update Updated HAMP FAQs Available

March 4th, 2010

The US Department of the Treasury has released the following HAMP Update titled, Updated HAMP FAQs Available

Updated HAMP FAQs Available

The Supplemental Documentation -- Frequently Asked Questions document has been updated and is posted on HMPadmin.com. The updates include new FAQs as well as revisions to existing questions (both are clearly labeled for your convenience). All servicers participating in the Home Affordable Modification Program (HAMP) should review these for important updates and clarifications to the program.

Additionally, a new numbering system for the FAQs has been implemented to better organize and improve usability of the document. The FAQ numbering is now:

  • Categorized -- Each section (e.g., General, Borrower Eligibility, etc.) has its own unique number range
  • Static -- Assigned FAQ numbers will remain the same even when new FAQs are published
  • Identical -- FAQ numbers for both GSE and non-GSE versions will be the same

Questions?
Please contact the HAMP Solution Center at support@hmpadmin.com or 1-866-939-4469.

To view the online announcement, please click here.


About Safeguard

Safeguard Properties is the largest privately held field services company in the country. Located in Cleveland, Ohio and founded in 1990 by Robert Klein, Safeguard has grown from a regional preservation company with a few employees and a handful of contractors performing services in the Midwest, to a national company with over 700 employees. Safeguard is supported by a nationwide network of subcontractors able to perform any requested superintendence, preservation, and maintenance functions, as well as numerous ancillary services in the U.S., the Virgin Islands, and Puerto Rico.

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