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permanent modifications
HOW LOANRATEUPDATE WORKS
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FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
permanent modifications
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
permanent modifications

HAMP Permanent Modifications Approaching 700k

2011-06-10T01:16:51-07:00

June 10, 2011 (Jeff Alan) The Treasury Department reports that a total of 699,053 permanent loan modifications have been started under the government’s Home Affordable Modification Program (HAMP) through the end of April, 2011. Permanent modifications in April numbered 28,867, which was less than the 36,827 recorded in March of 2011, but was in-line with [...]

HAMP Permanent Modifications Approaching 700k2011-06-10T01:16:51-07:00

April Scorecard Shows HAMP Slow But Steady

2011-05-11T02:37:52-07:00

May 11, 2011 (Chris Moore) After a fast start, the Home Affordable Modification Program (HAMP) has settled into the role as the tortoise in the race to the loan modification finish line. According to the Obama Administrations April Housing Scorecard, 35,432 loans were modified in March under HAMP bringing the total number of permanent loan [...]

April Scorecard Shows HAMP Slow But Steady2011-05-11T02:37:52-07:00

HAMP Servicers to be Graded by Treasury Department

2011-04-06T02:59:58-07:00

April 6, 2011 (Chris Moore) Acting Assistant Secretary of the Treasury, Timothy Massad, revealed in a speech given at Harvard University’s John F. Kennedy School of Government, that starting in April the Treasury Department will include a scorecard for each of the largest HAMP servicers in its quarterly compliance report. Read more...

HAMP Servicers to be Graded by Treasury Department2011-04-06T02:59:58-07:00

HAMP Hits 600k Loan Mods

2011-03-08T04:55:58-07:00

March 8, 2011 (Shirley Allen) What was first perceived as a Mack truck barreling down the foreclosure highway, the government’s Home Affordable Modification Program (HAMP) has turned out to be the little train that could. Originally forecast to save between 7 and 8 million homeowners from foreclosure, later reduced to 3 to 4 million, HAMP [...]

HAMP Hits 600k Loan Mods2011-03-08T04:55:58-07:00

Got HAMP? Maybe Not For Long

2011-01-31T06:15:10-07:00

January 31, 2011 (Chris Moore) Rep. Darrell Issa (R-Calif) and Rep. Jim Jordan (R-Ohio) introduced legislation to end the Home Affordable Modification Program (HAMP). Issa, the chairman of the Oversight and Government Reform Committee, and his colleagues said the Treasury Department's program to help troubled borrowers avoid foreclosure has been a bust. This comes on [...]

Got HAMP? Maybe Not For Long2011-01-31T06:15:10-07:00

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