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Volume 3 - Number 5

March 5, 2010

HUD Ironing Out FHA-HAMP Incentive Payments

The FHA’s version of the Obama administration’s Home Affordable Modification Program has been underway for several months, but the Department of Housing and Urban Development is still trying to finalize the mechanism for delivering incentive payments to servicers who participate. Servicers who use the FHA-HAMP are eligible to receive incentive payments of up to $1,250, according to the original...

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