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 Post subject: Is HAMP mandatory?
PostPosted: April 2nd, 2010, 4:16 pm 
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Joined: May 14th, 2009, 12:58 pm
Posts: 44
Location: Texas
I can't figure out to whom it applies and whether or not you can opt out.


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 Post subject: Re: Is HAMP mandatory?
PostPosted: April 4th, 2010, 4:56 pm 
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Joined: October 7th, 2008, 6:20 pm
Posts: 168
No, it is not mandatory.


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 Post subject: Re: Is HAMP mandatory?
PostPosted: April 5th, 2010, 2:21 am 
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Joined: May 14th, 2009, 12:58 pm
Posts: 44
Location: Texas
Spencer wrote:
No, it is not mandatory.

Wonderful! Thanks.


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 Post subject: Re: Is HAMP mandatory?
PostPosted: April 28th, 2010, 7:39 am 
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Joined: March 4th, 2009, 9:07 pm
Posts: 79
Location: Jersey
Neither is HAFA.
It only obligates those lenders/servicers who are participating in the Treasury's programs.

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Kevin J. Cordell
President & CEO
kcordell@madisonmanagement.net
http://www.madisonmanagement.net


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