Friday 26th April
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HAMP 2 is HERE – Some say it’s the best HAMP yet, and they’re probably right about that.
Written on 9 Jun, 2012 at 0:48
This newly renovated version of HAMP has been touted as being a major improvement to the HAMP program, and in many ways it is significantly better. ... (Continue reading)
Guest Post: Principal Reduction Modification Math, by Rick Rogers, JD/MBA
Written on 27 Feb, 2011 at 10:57
This report will compare the Net Present Value (NPV), of standard Home Affordable Modification Program (HAMP), modifications with Principal Reduction Alternative HAMP (PRA HAMP) modifications. If the mortgage principal balance on a home exceeds 115% of its market value,... (Continue reading)
I Think It’s Now Safe for Me to Speak Out About Loan Modifications and the Secret NPV
Written on 24 Jul, 2010 at 9:51
I’ve been waiting for this day for almost a year. The day I could stop beating around the bush and come right out and talk about the “secret” NPV and loan modifications. Because I’ve known about the “secret”... (Continue reading)
