HAMP Update Base NPV Model Reminder
October 6th, 2010
The U.S. Department of the Treasury issued a HAMP Update titled, Base NPV Model Reminder: Model v4.0 Effective October 1, 2010.
HAMP UPDATE
Base NPV Model Reminder: Model v4.0 Effective October 1, 2010
Today, Friday, October 1, 2010, marks the effective date of the base net present value (NPV) model v4.0 spreadsheet tool, as previously communicated. Fannie Mae, as program administrator, requires servicers to route any proposed modification data, effective today and forward, through the v4.0 spreadsheet tool.
See the announcement, posted September 15, 2010, for a complete list of related actions required of participating servicers and available supporting documentation, including the HAMP Base NPV Model Spreadsheet Tool Release Notes and Base NPV Model User Guide v4.0, available on HMPadmin.com (login required).
Questions?
For more information or questions, please contact the HAMP Solution Center at support@hmpadmin.com or 1-866-939-4469.
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 approximately 800 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.