HUD ML 09 23 Questions and Answers
April 16th, 2010
The US Department of Housing and Urban Development issued a notice advising Questions and Answers: ML 09-23 titled, FHA-Home Affordable Modification Program and subsequent guidance has been updated.
This notice updates page 15, question #4 of the Frequently Asked Question’s (FAQ) for the FHA Home Affordable Modification Program (HAMP), the definition of what is included in the 30% deferral that is allowed on the FHA HAMP Partial Claim. The partial claim is to include both the number of installments and dollar amount of the previous partial claim in calculating the 30% deferral amount.
To view ML 09-23 Questions and Answers, 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.