If you've already got a mortgage and you're having trouble keeping up with payments, the FTC outlines
various repayment strategies you can pursue, including applying for a
loan modification under the Making Home Affordable Modification Program, as well as other alternatives to default and foreclosure, such as reinstatement and repa
modification under the Making Home Affordable
Modification Program, as well as other alternatives to default and foreclosure, such as reinstatement and repa
Modification Program, as well as other alternatives to default and foreclosure, such as reinstatement and repayment plans.
In 2009, the U.S. Treasury Department, in collaboration with banks,
loan - service providers, credit unions and
various federal departments, formed the Home Affordable
Modification Program (HAMP).