Seward & Bellum, Attorneys at Law
Legal And Financial Guidance In Western Washington
360-602-1925

Mortgage Archives

HAMP Deadline to Apply Dec 30, 2016

HAMP, the Treasury program that allows eligible homeowners to reduce their mortgage payment, will come to an end on December 30, 2016. The program, begun in 2009 as part of the "Making Home Affordable" initiative, was extended from its original deadline of December 30, 2015. A compilation of information provided by servicers participating in MHA under a Servicer Participation Agreement shows that, as of September, 2016, the program has processed over 9.3 million applications of which approximately 2.9 million were approved and 6.5 million denied.

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