HAMP Update

May 6th, 2010

HAMP UPDATE

May 3, 2010

HAMP Loan Reporting Tool Enhancements and New Incentive Inquiry Request Form

May 3 HAMP Loan Reporting Tool Release Implemented
The following enhancements were implemented today, May 3, 2010, in the HAMP Reporting Tool: 

  • Updates to accommodate Home Affordable Foreclosure Alternatives (HAFA) reporting; 
  • Updates for the Home Price Decline Protection (HPDP) incentive;
  • Updates affecting the HAMP official monthly reporting process;   
  • Updates to existing and new servicer reports;    
  • New edit for trial and permanent/official loan modifications; and
  • Updates to existing edits.

 

Read the release notes for complete details.

New HAMP Incentive Inquiry Request Form
If you have a general incentive inquiry or loan-level incentive inquiry or dispute, please use the new Incentive Inquiry Request Form to submit your request. To access it, log in to the secure portion of HMPadmin.com; select "HAMP Loan Reporting Tools & Documents," and scroll down to "HAMP Incentive Inquiry Request Form."

HAMP Reporting and NPV Transaction Tools No Longer Experiencing Delays
The HAMP Reporting Tool and the NPV Transaction Portal are no longer experiencing response file delays. If you experience any issues, please contact the HAMP Solution Center.

Questions?
Contact the HAMP Solution Center at support@hmpadmin.com or 1-866-939-4469. To reach Lender Processing Services, Inc. (LPS) for HAMP Reporting Tool technical support, select option 1, then option 5.

To view the online HAMP Update, 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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