That it blogpost has the benefit of a prospective way of measuring the potency of a couple resigned Fannie mae and you will Freddie Mac computer (this new Organizations) loan modification programs: the house Affordable Modification System (HAMP) and the Simple/Smooth amendment system.i The first part of the blog site discusses both amendment programs, brings up the concept of article-amendment homeownership toughness, and you may shows that each other applications effortlessly assisted individuals remain in its homes for the 24 months after the amendment.
