Fannie Mae issued the following Servicing Policy Update.

Fannie Mae Posts Revisions to its Home Affordable Modification Trial Period Plan, Modification Agreement, and Home Affordable Modification Program (HAMP) Hardship Affidavit.

On Monday, August 17, Fannie Mae posted on eFannieMae.com revised versions of the Home Affordable Modification Trial Period Plan and Home Affordable Modification Agreement special purpose legal documents (Forms 3156 and 3157 respectively). Additionally, an updated HAMP Hardship Affidavit (Selling and Servicing Guide Form 1021) was posted to eFannieMae.com on Friday, August 14.  Servicers have the option of using these revised documents immediately; however, they must use them by September 30, 2009.

HAMP Borrower Solicitation Materials

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.