Gearing Up for HAMP audio conference (E1)

Product Details

Through the government’s Home Affordable Modification Program (HAMP) servicers have made 360,000 trial mods and offered 570,000 more, but there’s still disagreement over which kinds of mods are the most effective, as re-default rates remain high.

Hear from major mortgage industry players on HAMP's implementation and challenges as well as how the incentive payments work at a new Inside Mortgage Finance audio conference on October 21 at 2:00 p.m.

Challenges remain in implementing and scaling up the complex program, but the Treasury Department and lawmakers are leaning hard on servicers to significantly increase their HAMP activity. The government also plans to require servicers to report the reason for modification denials, both to the agency and borrowers, and greater disclosure of the NPV evaluation.

Still, some industry analysts believe a short sale or a revamped HOPE for Homeowners program may be more successful. Find out about the latest HAMP modification activity, best practices alternatives, and more. Plus get answers to any questions you have about the HAMP.

These Experts Will Share Their Insights and Answer Your Questions:

• CitiMortgage: Darrell R. Nietzel, SVP Default/Collections;
• Fannie Mae: Marcel Bryar, VP/Deputy General Counsel; and Dave Worrall, VP Operations, Single Family National Servicing;
• Federal Reserve Bank of Boston: Paul S. Willen, Senior Economist and Policy Advisor;
• Freddie Mac: Robert R. Padgett, Managing Director of Non-Performing Loans;
• K&L Gates LLP: Laurence E. Platt, Practice Area Leader; and
• Inside Mortgage Finance: Guy Cecala, Publisher

Topics for This Live 2-Hour Session Include:

• What's working for servicers today (or not);
• How incentive payments are being handled;
• What are the issues with implementation;
• Migrating from traditional loan mods to HAMP;
• Qualifying borrowers for HAMP;
• Identifying potential HAMP borrowers;
• Determining net present value (NPV);
• Measuring re-default and self-cure rates;
• Alternatives to HAMP;
• Managing expectations—how many borrowers can HAMP really help;
• The need for efficiency and compliance.

• Conference attendance for you and your entire team around your speakerphone;
• A very useful resource—the conference manual—which includes a program outline, speaker bios and supplemental materials, plus key articles on the topic from the pages of Inside Mortgage Finance and our other newsletters;
• A full transcript, emailed to you when you take our post-conference survey; and
• The opportunity to connect with any or all of the speakers anonymously during the audience Q&A session—a favorite part of these events.

You will receive an e-mail confirmation shortly after you complete the registration. You may also contact us at (301) 951-1240.