The Obama administration extended the deadline to apply for the Home Affordable Modification Program and related loss mitigation program through the end of 2015. The programs under the Making Home Affordable Program were scheduled to expire at the end of this year. HAMP has seen somewhat limited activity among non-agency servicers, even with incentive payments for principal forgiveness. Some $22.7 billion in Troubled Asset Relief Program funds are targeted for non-agency HAMP activity ... [Includes one data chart]
It will be the 11th issuance of its type by loanDepot.
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