HAMP Home Affordable Modification Program : Many Ways HAMP Can Help Homeowners
The home affordable modification program developed by the Obama administration is meant to help all kinds of property holders keep their homes. The program can help lower a mortgagee’s payment by as much as 40% or it can allow a longer time to pay the loan off. Either of these makes it easier for a homeowner to handle his mortgage, and that is what HAMP is all about. In 2009, when it first came into being, there were some rather...
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