Home Affordable Modification Program
About HMPadmin.com

About HMPadmin.com

In March 2009, the Obama Administration published detailed program guidelines for the Making Home Affordable (MHA) Program. Mortgage servicers were authorized to begin modifications under the plan immediately. With the assistance of several government agencies, GSEs, and servicers - this effort involved the development and refinement of servicer guidelines, modification documents, and data collection and modeling tools. Key servicer documents and tools required to service HAMP loan modifications are stored and maintained on HMPadmin.com. This site provides general guidelines and overview documents available to the public as well as secure access to core tools and documents needed to complete the loan modification process. HMPadmin.com continues to evolve just like the Making Home Affordable Program. As new program updates are announced, the servicer documents and tools required to administer those programs are developed and added to this site to allow for a one-stop experience for mortgage servicers.

HMPadmin.com currently maintains servicer tools and documents for the following programs:

  • Home Affordable Modification Program - designed to enable borrowers that meet eligibility requirements to avoid foreclosure by modifying loans to a level that is affordable for borrowers and sustainable for the long-term.
  • Home Affordable Unemployment Program - provides servicers with the flexibility to provide assistance to borrowers whose hardship is related to unemployment and is a supplemental program to the Home Affordable Modification Program (HAMP). Specifically, UP requires servicers to grant qualified unemployed borrowers a forbearance period during which a borrower's monthly mortgage payment may be reduced or suspended prior to considering such borrowers for HAMP.
  • Second Lien Modification Program - designed to enable borrowers struggling with their mortgage to lower payments on second mortgages.
  • Home Affordable Foreclosure Alternatives Program - provides borrowers that do not qualify for a HAMP modification with options to avoid foreclosure through a short sale or deed-in-lieu.
  • Treasury FHA-HAMP - provides certain incentive payments under HAMP to eligible borrowers with FHA-insured first lien mortgage loans that are modified under applicable FHA guidelines.
  • Treasury FHA/2LP - designed to enable borrowers who are current on a negative equity mortgage to restructure their debt and refinance into an FHA-insured first lien loan.
  • RD-HAMP - provides certain incentive payments under HAMP to eligible borrowers with RHS-guaranteed first lien mortgage loans that are modified under applicable RHS guidelines.

Overviews and guidelines for servicers to implement these Programs can be found on Program Guidance.