Making Homes Affordable

Hamp s goal is to offer homeowners who are at risk of foreclosure reduced monthly mortgage payments that are affordable and sustainable over the long term.

Making homes affordable. Making home affordable mha is a program that was launched in 2009 as part of the troubled asset relief program the federal government s response to the subprime mortgage crisis. 877 304 9709 tty let an expert from a hud approved housing counseling agency help you understand your options prepare your application and work with your mortgage company. 877 304 9709 tty let an expert from a hud approved housing counseling agency help you understand your options prepare your application and work with your mortgage company.

The making home affordable program of the united states treasury was launched in 2009 as part of the troubled asset relief program. Launched in february 2009 making home affordable mha consists of several programs designed to help struggling homeowners prevent avoidable foreclosures. For immediate assistance call 888 995 hope 4673 hearing impaired.

Over 1 8 million families have been helped directly through hamp. Hamp was designed to help families who are struggling to remain in their homes and show. Second lien modification program provides a mechanism for servicers to.

Principal reduction alternative assists homeowners with a loan to value ratio exceeding 115 percent. The largest program within mha is the home affordable modification program hamp. Other programs under mha include.