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Daily Archives: January 9, 2017

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mortgage note confusion

HAMP Replaced by Flex Modifications

Foreclosure News, Mortgage ModificationsBy Russell DeMottJanuary 9, 2017

On December 31, 2016, HAMP (Home Affordable Modification Program) expired. However, the good news is that Fannie Mae has announced that there will be a new loan modification program that will be implemented to help homeowners in need in 2017. The new “Flex Modification” is designed to take the place of the Standard and Streamlined…

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