In order to apply for a HAMP loan modification, you will need to complete a Request for Modification Assistance (RMA) form with supporting. Under HAMP, the Treasury (pictured above) provides capped for modification and affidavit (RMA) form; the Internal Revenue Service (IRS). On March 30, HAMP released Updated RMA Form Now Available. The Request for Mortgage Assistance (RMA) Form has been updated to reflect the policy.

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I was first denied due to “docs not received” and when I escalated the denied “for income and saving is adequate”. I posted the information in regards to reserves in one of your other threads.

When that didn’t work, they denied me because they rm I did not send in my award letter from SSI, never gave them no reason to think that I was collecting SSI.

By signing this document you certify, represent and agree that: As a rule of thumb you should rmw your information automatically as you receive it, ie, pay stubs, bank statements, etc, making sure to write your loan number on each and every document you fax, up until you receive the approval for the trial period plan, this will keep the process moving forward.

When I start again, I just want to know, if this “refreshing request” is legit and if I must comply.

It has been 5 months, but not really. Reap the Full Benefits https: I am having difficulty making my monthly payment because of financial difficulties created by then there are boxes you check if they apply. If I ever received a letter, it was a form letter that listed every component of the RMA and was meaningless.

Forums New posts Search forums. Thanks so much LO. Free expert help is just a phone call away. Department of the Treasury, b Fannie Mae and Freddie Mac in connection with their responsibilities under the Homeowner Affordability and Stability Plan; c any investor, insurer, guarantor or servicer that owns, insures, guarantees or services my first lien or subordinate lien if applicable mortgage loan s ; d companies that perform support services in conjunction with Making Home Affordable; and e any HUD-certified housing counselor.

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What was the reason for denial? Which is the reason for me posting in answer to the question is it a “real” requirement. I understand that the Servicer, the U. Resources for Press Find relevant information including recent news, program performance reports, and other resources specifically for the press in one convenient location. OK, so let me clarify.

What is a Hardship Affidavit? A Question we get about HAMP – Mortgage Lender Report

Not that I know of, but I am pretty sure they will not give you a Hamp with a substantial amount of money in the bank even though legally they cannot tell you that is the reason for denial. In most cases it really only advises you to be truthful as it could come back to bite you:.

It is like a transcript and the things they lied about as far as me sending in my docs. Although maddening I always complied and faxed whatever they requested within 24 hours. Please turn on JavaScript and try again.

is 90 day document expiration real in a HAMP RMA process? | LoanSafe’s Mortgage & Real Estate Forum

Up until the decision my bank was telling me the same reasons that they were telling FC. Since I will be resubmitting within the next couple weeks, and my balances will be clearly visible within my 3 months of bank gma. I always looked at it as the ball is in their court until you receive your TPP. That is why I asked about the 90 day limit. I list many options.

My cash reserves, including all liquid assets, are insufficient to maintain my current mortgage payment and cover basic living expenses at the same time. There is no advantage for me to resubmit I mean no change in my circumstance that helps or hurts me.


For now, I’ll have to live through your success! That’s why I saved my money under my mattress. Did you put in a complaint with OCC? I am waiting for my final modification papers from Fed-Ex. The entire HAMP Loan Modification process can take many months so remember to be patient as there are an estimate 12 Million people that will be affected by foreclosures in I understand that the Servicer will collect and record personal information, including, but not limited to, my name, address, telephone number, social security number, credit scoreincome, payment history, government monitoring information, and information about account balances and activity.

I was working with Chase prior to SPS getting the “job” this has been years!. In fact, I recently received a HAMP denial letter and demand for full payment along with foreclosure threat. The same thing goes for this.

What is a Hardship Affidavit? A Question we get about HAMP

What’s new New posts New profile posts Latest activity. Yes if your documents have become more than 90 days old once the servicer has received them they can request updated docs. Submit a Comment Cancel reply You must be logged in to post a comment. Hmp long as they are reviewing you for a modification, they cannot foreclose until a decision is made.

Help is Here https: If you are concerned about posting information online and would like to directly contact someone please feel free to reach us at They even denied me for a divorce decree, never even told them I was married.

There is no requirement to refresh the income documentation during the TPP.