Posts tagged Home Affordable Modification Program
What is the Home Affordable Modification Program (HAMP)?

The Home Affordable Modification Program, or HAMP, was a U.S. government program designed to help homeowners avoid foreclosure by reducing their monthly mortgage payments. The program, which began in 2009 and expired on December 31st, 2016, was specifically implemented after the 2008 subprime mortgage crisis, in order to help struggling homeowners keep their homes.

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