THE SECRET TO GET APPROVED FOR

HAMP THE RIGHT WAY!!!...WHAT IS THIS?

GSE NON GSE, HAMP, HARP, MHA???
OK! FOR THE RECORD!
 
AT YOUR REQUEST AND BECAUSE I TRULY WANT PEOPLE TO DO THIS RIGHT AND STOP
LOOSING THIER HOMES TO THESE FORECLOSURE MILLS AND SLAUGHTER HOUSE
FORECLOSURE HEARINGS... THIS IS IT! THIS IS THE WAY TO GET A MOD DONE THE RIGHT
WAY! I HOPE THAT ALL MEMBERS WHOM ARE IN NEED OF THIS INFORMATION USE IT WISELY! 
AND THOSE WHOM ARE JUST HERE TO GET INFO, THEN I HOPE YOU USE IT TO HELP PEOPLE
INSTEAD OF TRYING TO JUST GET THIER MONEY!  I CAN'T COPYRIGHT THIS INFO, BUT I TRULY
SEE THE NEED IN SO MANY PEOPLE IN THIS SITE, AND I WANT TO HELP! 
 
YEARS OF WORK, INTERACTION WITH LENDING INSTITUTIONS, U.S TREASURY DEPT
GUIDANCE, INSIDE SCOOP FROM SERVICERS/LENDERS/INVESTORS EMPLOYEES AND
EXECUTIVES...  ALL MY KNOWLEDGE AND THE SECRET OF MY SUCCESS FOR HELPING SO
MANY HOMEOWNERS SUCCESFULLY COMPLETE A MODIFICATION PROCESS IS BEING POSTED
ON THIS BLOG.... 
 
SIT DOWN, GRAB A CUP OF COFFEE OR DRINK OR YOUR CHOICE, PAD AND PENCIL AND LETS
DO IT RIGHT!  GET READY FOR A WILD RIDE!
 
I HAVE BEEN GIVEN A GIFT, AND NOW I AM SHARING IT WITH YOU!

SO... HERE IS GOES!

 
TIME TO LEARN!
 
GSE = GOVERNMENT SPONSOR ENTERPRISES (FANNIE, FREDDIE, ORIGINATED LOANS!
THIS MEANS, THAT WHEN YOU GOT YOUR LOAN IT WAS INSURED BY ONE OF THESE
ENTETIES!
 
THIS LINK MAY HELP:  http://www.brokeroutpost.com/reference/157014.htm
 
 
NON GSE LOANS = SUB-PRIME LOANS, OR ...... PRIVATE INVESTOR SECURITZED TRUSTEESS 
ETC... BLAH BLAH BLAH....
 
https://www.hmpadmin.com/portal/resources/training.html
 
THIS IS WHAT SERVICERS USE....  TRY AND GET IN AND CHECK OUT ALL THAT YOU CAN.
TRAINING VIDEOS, FORMS, TRACKING DOCS ETC... VERY HELPFULL!!!
 
IF YOU ARE UNEMPLOYED... GO HERE AND LEARN HOW TO GET APPROVED FOR A
FORBEARANCE PLAN:
 
https://www.hmpadmin.com/portal/docs/hamp_servicer/upoverviewfornongseservicers.pdf
 
SERVICERS/LENDERS/INVESTORS HAVE TO GO BY THESE PROCEDURES:
 
https://www.hmpadmin.com/portal/docs/hamp_servicer/hampchecklistverified.pdf
 
THESE ARE THE GUIDELINES THAT SERVICERS/INVESTORS ETC... NEED TO FOLLOW:
 
https://www.hmpadmin.com/portal/docs/hamp_servicer/sd1001.pdf
 
HOWEVER...
 
THIS IS WHAT WORKS:
 
GET A CALCULATOR LITTLE NUMBER DIVIDED BY BIG NUMBER!
 
- SEND IN YOUR RMA = REQUEST FOR MODIFICATION AND AFFIDAVIT FORM. MAKE SURE SURE
YOUR INCOME AND EXPENSES ARE COMPLETE. IF YOUR NET IS LESS THAN 49% OF YOUR
GROSS THEN USE YOUR NET AS YOUR GROSS AND ATTACH AN EXPLANATION LETTER AS TO
WHY YOU NEED THEM TO CONSIDER YOUR NET INSTEAD OF YOUR GROSS. THIS IS USUALLY
FOR GOVERNMENT EMPLOYEES LIKE FIREFIGHTERS, POLICE OFFICERS, LAW ENFORCEMENT
AGENTS, SOLDIERS, AND IN SOME CASES ALSO TEACHERS ETC... IN THESE CASES THE
DEDUCTIONS ARE VERY HIGH BECAUSE OF ALL THE RISKS TAKEN THEY GET HUGE
DEDUCTIONS ON THIER PAYSTUBS IN ORDER TO ASSURE THEM A FUTURE IF THEY GET HURT
OR KILLED IN THE LINE OF DUTY. IF YOU GET PAID CASH, CONVERT THE CASH TO MONEY
ORDERS TO YOUR NAME. COPY THE DEPOSITS AND MAKE SURE IT REFLECTS ON YOUR BANK
STATEMENTS. (THEY WANT TO SEE TRACKING OF INCOME).
 
- IRS FORM -T AND 4506T=EZ (SEND BOTH BECAUSE THEY WILL ALWAYS FIND AND EXCUSE TO
ASK YOU FOR ONE OR THE OTHER). MAKE SURE YOU HAVE THE CORRECT 3RD PARTY
COMPANY THAT THE SERVICER/BANK/INVESTOR USES TO REQUEST THE TRANSCRIPTS. YOU
CAN GET THIS BY CALLING AND ASKING THEM.  THE NAMES AND ADDRESS HAS TO BE
EXACTLY THE SAME AS IT SHOWS ON YOUR TAX RETURNS IF NOT THE TRANSCRIPT WILL BE
RETUNED INCOMPLETE AND YOU WILL GET DENIED.
 
- ALL EVIDENCE OF INCOME = PAYSTUBS, LETTERS OF CONTRIBUTION FROM FAMILY
MEMBERS IN THE SAME HOUSEHOLD THAT CONTRIBUTE TOWARDS THE EXPENSES,
INCLUDING COPIES OF PROOF OF HOMESTEAD (PROOF THAT THEY LIVE WITH YOU, DL, COPY
OF A BILL ANYTHING...) PROOF OF CONTRIBUTION FROM HOUSEHOLD MEMBERS = PAYSTUB
TO PROOF THEY HAVE INCOME, COPIES OF CHECKS OR MONEY ORDERS. IF YOU TELL THEM
THAT THEY PAY CASH, YOU WILL GET DENIED, GET MONEY ORDERS IF THEY DONT HAVE
BANK ACCOUNTS. IF YOU GET PAID CASH, BUY MONEY ORDERS PAID TO YOUR NAME AND
ALSO GET LETTERS FROM THE PEOPLE THAT PAY YOU FOR YOUR SERVICES. IF YOU GET
SOME TYPE OF RENTAL INCOME, REMEMBER THAT THEY WILL ONLY CONSIDER 75% OF THAT
INCOME. IF YOU HAVE NOT RENTED IN THE PAST YEARS AND DOES NOT REFLECT ON YOUR
TAX RETURNS THEN THEY WILL ALSO NOT CONSIDER THIS AS INCOME BECAUSE IT IS NOT AN
ONGOING SECURE INCOME. SO YOUR LEASE AGREEMENT MUST START SOMETIME THIS
YEAR.  IMPORTANT! IF YOU HAVE NOT DECLARED THIS RENTAL INCOME IN THE PAST
YEARS, THEN BE PREPARED TO DECLARE THEM ON YOUR NEXT TAX RETURNS.
 
- A GOOD HARDSHIP LETTER.: SHORT AND SWEET.  WHAT WAS YOUR SITUATION WHEN YOU
GOT YOUR LOAN INITIALLY, WHAT HAPPEN THAT YOU WENT INTO HARDSHIP AND WHAT IS
DIFFERENT NOW WHICH WILL BE IN THIER BEST INTEREST TO MODIFY YOUR LOAN?
 
- EXPLANATION LETTER = EXECUTIVE SUMMARY: IMAGINE YOU ARE SERVING A GREAT MEAL
BUT YOU ALSO NEED TO SPECIFY HOW IT WAS MADE, INGREDIENTS, DETAILS ETC...  VERY
IMPORTANT THAT YOU MUNCH DOWN THE INFORMATION FOR THEM IN ORDER FOR THEM TO
UNDERSTAND IT.
 
- UTILITY BILLS UNDER YOUR NAME OR YOUR HUSBAND/WIFE NAME TO PROOF HOMESTEAD.
 
- BANK STATEMENTS: MAKE SURE YOU DO NOT OVERSPEND. IF YOU HAVE OVERSPENDED
THEN DONT SEND THE STATEMENTS SINCE THIS IS SOMETHING REQUIRED LATER ON. YOU
MUST SHOW THE BANKS STATEMENTS WITH THE JUST ABOUT THE EXACT EXPENSES AS IT
REFLECTS ON YOUR FINANCIALS. THEY CALCULATE ABOUT $100 FOR EACH ADULT AND $150
FOR CHILDREN ON GROCERIES.
 
AGAIN....DO YOUR MATH: 
- 1ST:  MORTGAGE EXPENSE (PITIA = PRINCIPAL, INTREST, TAXES, INSURANCE, &
ASSOCIATION DIVIDED BY YOUR GROSS INCOME (SHOULD BE MORE THAN 31% AND LESS
THEN 65%) THIS IS CALLED YOUR FRONT RATIO OR FRONT DTI (DEBT TO INCOME RATIO). IF
MORE THAN 65% YOU MAY NOT QUALIFY FOR HAMP (HOME AFFORDABLE MODIFICATION).
 
- THEN YOU TAKE YOUR MONTHLY EXPENSES INCLUDING YOUR CURRENT MORTGAGE (PITIA)
DIVIDED BY YOUR INCOME... THIS SHOULD BE CURRENTLY UNDER 100% FOR YOU TO QUALIFY
FOR A HAMP (THIS IS YOUR COMBINED DTI), IF IT IS MORE THAN 100% THEN YOU
ARE CURRENTLY SPENDING MORE THAN YOU SHOULD AND YOU MAY NOT QUALIFY FOR A
HAMP AND SOME SERVICERS/LENDERS/INVESTORS MAY OFFER AN INTERNAL MODIFICATION
INSTEAD WHICH IS MOST LIKELY JUST BASED ON YOUR INCOME VERSUS YOUR MORTGAGE
PAYMENT AND JUST BRING DOWN THE INTREST AND EXTEND THE AMORTIZATION OF YOUR
LOAN AND DIREGARD YOUR OTHER HOUSEHOLD EXPENSES TO BRING YOU TO AT LEAST A
DTI OF 38% TO 45%. IN THIS CASE YOU MAY ALSO BE ASKED TO SEEK FINANCIAL COUNSELING
BECAUSE YOU ARE SPENDING TOO MUCH.
 
IMPORTANT: IF YOU HAVE NOT PAID FOR YOUR INSURANCE AND HAVE LEFT IT UP TO THE
SERVICER/LENDER/INVESTOR TO DO SO, THEN YOU HAVE WHAT IS CALLED "FORCED
PLACED INSURANCE" THIS INSURANCE IS PLACED BY THEM AND IT IS USUALLY A LOT
HIGHER THAN A PRIVATE INSURANCE THAT YOU CAN GET ON YOUR OWN. SO BEFORE YOU
SUBMIT ANYTHING, MAKE SURE THAT YOU BUY YOUR OWN INSURANCE, FLOOD, HAZARD
ETC... EVEN IF YOU GO ON A PAYMENT PLAN, THEN SEND THE INSURANCE DECLARATION
PAGE TO THE SERVICER/LENDER/INVESTOR INSURANCE OR/AND ESCROW DEPARTMENT FOR
THEM TO UPDATE IT AND MAKE SURE THEY SEND YOU THE UPDATED INFORMATION. IF YOU
DONT DO THIS BEFORE YOU APPLY FOR THE MODIFICATION THEN THEY WILL USE THIER
FORCED PLACED INSURANCE FIGURES IN THE NPV = NET PRESENT VALUE EVALUATION AND
IT WILL NOT PASS AND YOU WILL BE DENIED FOR HAMP AND MOST LIKELY ANY OTHER MOD
OPPORTUNITY. 
IF YOU HAVE AN ASSOCIATION AND THE INSURANCE IS PAID THROUGH AN ASSOCIATION
MASTER INSURANCE THEN YOU NEED TO GET THE PROOF OF THIS MASTER INSURANCE (DEC
PAGE), BUT UNLESS YOU ARE CURRENT WITH YOUR ASSOCIATION FEES OR AT LEAST IN A
PAYMENT PLAN WITH THEM THEN YOU WILL NOT GET THIS, BECAUSE THE SERVICER WILL
NO CONSIDER YOU FOR A MOD UNLESS YOU ARE IN GOOD STANDING WITH YOUR
ASSOCIATION.
 
 
ONCE YOU HAVE ALL THESE DOCS IN PLACE THEN YOU ARE READY TO SUBMIT YOUR
APPLICATION FOR A HAMP MODIFICATION.  "SEND IT PERFECT OR DONT SEND IT AT ALL" THIS
IS MY QUOTE!
 
SEND BY FAX, EMAIL AND CERTIFIED MAIL.
 
ONCE YOU HAVE SENT IT, THEN 72 HOURS LATER FOLLOW UP WITH YOUR
SERVICER/LENDER/INVESTOR AND MAKE SURE THEY RECIEVED IT.
 
THEN FOLLOW UP EVERY 72 HOURS, NO MATTER WHAT THEY SAY.
 
LOG EVERY CONVERSATION, DATE AND TIME STAMPS, EMPLOYEES NAMES AND/OR ID
NUMBERS.
 
ASK TO SPEAK "ALWAYS AND ONLY" WITH THE LOSS MITIGATION, HAMP OR HOME RETENTION
DEPARMENT".  DO NOT SPEAK NOR LISTEN TO THE PEOPLE IN CUSTOMER SERVICE AND/OR
COLLECTION DEPARMENT. YOU WILL BE WASTING YOUR TIME AND JUST GET FRUSTRATED.
THEY HAVE NO IDEA OF WHAT IS GOING ON. THEY GET PAID $7.00 TO $10.00 AN HR JUST READ
NOTES IN THIER SYSTEM WHICH USUALLY ARE OLD AND OUT DATED, NORMALLY NOTHING
UPDATED. THEY HAVE NO KNOWLEDGE OF HOW THE MODIFICATION PROGRAMS WORK AND
ARE JUST THERE TO GIVE YOU THE RUN AROUND AND/OR KEEP YOU ON HOLD UNTIL YOU
HANG UP FROM BORDOM OR FRUSTRATION.  EXPECT TO BE ON THE PHONE FOR AT LEAST AN
HOUR TO AN HOUR IN A HALF IF NOT MORE. MOST IMPORTANTLY "DO NOT HANG UP". THEY
EXPECT YOU TO HANG UP SO "DONT".
 
SOME SERVICERS/LENDERS/INVESTORS HIRE OR OUTSOURCE THIER CALL CENTER TO
OTHER COUNTRIES TO CUT COST. IF YOU FIND YOURSELF SPEAKING WITH SOMEBODY IN A
DIFFERENT COUNTRY, THEN ASK TO BE TRANSFERED TO SOMEBODY IN THE UNITED STATES.
FOR YOUR CREDIT PROTECTION....YOU DO NOT WANT YOUR INFORMATION OR
CONVERSATIONS BEING HANDLED OVERSEAS.
 
ONCE YOU SUBMIT A COMPLETE PACKAGE, THE SERVICER/LENDER/INVESTOR,
MUST ACKNOWLEDGE RECIEPT WITH IN 10 DAYS AND IN WRITING. THEN THEY HAVE 30 DAYS
TO RESPOND IF YOU DO OR DO NOT QUALIFY FOR HAMP, IF YOU DO THEN YOU SHOULD GET
A TRIAL PACKAGE, IF YOU DONT THEN THEY MUST SEND YOU A CLEAR EXPLANATION
DETAILING EXACTLY WHY YOU WERE NOT APPROVED AND ATTACH AN APPLICATION FOR YOU
TO APPLY FOR AN INTERNAL MODIFICATION. HOWEVER... IF YOU FIND THAT THE REASONS
WHY THEY DID NOT APPROVE YOU FOR HAMP WERE INCORRECT, THEN YOU HAVE THE RIGHT
TO ASK THEM TO RECONSIDER YOU AGAIN BECAUSE THEY HAVE INCORRECTLY ENTERED
YOUR INFORAMTION.
 
EVERYTHING MUST BE IN WRITING.  DO NOT SEND MONEY TO ANY TYPE OF VERBAL PAYMENT
PLANS, OR TRIALS WITHOUT WRITTEN CONFIRMATION FIRST, SINCE THEY TEND TO LURE YOU
IN TO DO THIS AND THEN STATE THAT THEY NEVER APPROVED YOU FOR ANY PLAN. IF YOU
HAVE NO DOCUMENTS YOU CAN NOT PROOF ANYTHING. SO REMEMBER... GET EVERYTHING
IN WRITING, NO MATTER WHAT THEY SAY. EVEN IT YOU HAVE TO SPEAK WITH MANAGEMENT...
GET ANY MOD OR PAYMENT ARRANGEMENT "ALWAYS" IN WRITING, EITHER BY MAIL, EMAIL,
OR FAX. AND THEN MAKE SURE THAT THEY SEND YOU BACK AN ACKNOWLEDEGED ORIGINAL
AGREEMENT SIGNED BY ONE OF THIER OFFICERS.
 
DO NOT GIVE UP... 
KEEP CALLING! FRUSTRATION TURNS INTO ANGER. ANGER DOES NOT HELP. YOU MUST
ALWAYS REMAIN CALM AND IN CONTROL.  IF NEED BE, ASK ALWAYS FOR A MANAGER OR
SUPERVISOR. ALSO YOU CAN ASK TO HAVE YOUR FILE ESCALATED TO MANAGEMENT OR
EXECUTIVE LEVEL.   USE YOUR WORDS, BE WISE, SMART. DONT LET YOUR GUARD DOWN. IF
YOU NEED TO REFAX, THEN DO IT. DONT ARGUE, JUST DO IT. KEEP TRACK OF EVERYTHING. IF
YOU DONT UNDERSTAND SOMETHING ASK THEM TO SPELL IT OUT FOR YOU IN TERMS YOU
CAN UNDERSTAND.
 
THESE TOOLS WILL BE YOUR ONLY DEFENSE WHEN YOU GO TO COURT IF THE MOMENT
COMES. YOU WILL HAVE TO USE THIS PROOF IN ORDER TO GET THE JUDGE TO
CANCEL/DELAY A SALE OR WITHDRAW A MOTION OF DEFAULT OR FINAL JUDGEMENT.
 
IT IS IMPERATIVE THAT YOU CONTINUE TO GIVE THEM ALL THE DOCS THEY ASK. BE
ASSERTIVE, AND MAKE SURE YOU GET YOUR POINT ACCROSS. READ AND LEARN THE
GUIDELINES SO YOU HAVE LITERAL ARGUMENT WHEN YOU SPEAK WITH THEM. TRY NOT TO
GIVE THEM OR ALLOW THEM TO CALL YOUR CEL PHONE. ITS BETTER TO GIVE THEM A LAND
LINE NUMBER, IF NOT THEY WILL CALL YOU AT ALL TIMES FROM THE COLLECTION
DEPARTMENT AND JUST ANOY YOU WITH THEIR THREATENING REMARKS.
 
TRIAL PLAN: (HOW TO GET THROUGH IT SUCCESFULLY)
 
DURING THE TRIAL, KEEP COPIES OF EVERYTHING AND CONTINUE WITH YOU CALL AND
DOCUMENT LOG.
 
A TRIAL DOES NOT MEAN YOU ARE GUARANTEED A FINAL MODIFICATION. MOST OF THE TIME
THE SERVICER/LENDER/INVESTOR WILL DELAY THE TRIAL PERIOD TO LAST OVER THE 3
MONTH CYCLE. THIS IS THERE WAY OF GIVING ROOM FOR YOU TO MAKE A MISTAKE WHICH
WILL LATER RESULT IN A DENIAL.
 
IF YOU ARE IN A TRIAL FOR MORE THAN 4 MONTHS, THEN YOUR SERVICER/LENDER/INVESTOR
IF BUILDING UP TO DENY YOU AND FORECLOSE ON YOUR PROPERTY.  REMEMBER THAT
ONCE YOU ARE APPROVED FOR A TRIAL, THEY GET PAID BY THE GOVERNMENT. DURING THE
TRIAL, YOUR LOAN, IF IT IS NOT A GSE LOAN, THEN IT MAY STILL GET SOLD OR TRANSFERED
TO A DIFFERENT INVESTOR. MIND YOU... YOUR MORTGAGE NOTE IS NOW AN "IOU" = I OWE
YOU AMONG INVESTORS. SO IT IS JUST ONE MORE BACKED UP MORTGAGE SECURITY BOND
WHICH IS PLAYED AND TRADED AMONG THESE INVESTORS TO BACK UP THERE LOSES IN
OTHER INVESTMENTS LIKE HEDGE FUNDS. SO... DURING YOUR TRIAL, ANYTHING CAN
HAPPEN.  YOUR ONLY DEFENSE ARE YOUR DOCUMENTS, CONVERSATION LOGS AND PAPER
TRAIL.
 
IT IS IMPORTANT, AND I MUST SAY THIS TWICE, IMPERATIVELY IMPORTANT THAT YOU COMPLY
WITH EVERY DOCUMENT THEY ASK FOR. EVEN IF IT ANGERS YOU CAUSE YOU ALREADY SEND
IT... JUST SEND IT AGAIN AND KEEP A LOG. THIS IS AND WILL BE "YOUR" ONLY DEFENSE IF AT
ANY TIME YOU ARE CALLED TO A HEARING.
 
PLEASE, "DO NOT HESITATE TO CONTACT ME FOR ANY HELP OR QUESTIONS THAT I MAY NOT
HAVE COVERED ON THIS POST!  JUST REMEMBER ONE THING... THEY APPROVED YOU FOR THIS
LOAN NOW THEY "HAVE" TO HELP YOU CONTINUE IN YOUR HOME!
 
KEEP YOUR CHIN UP AND YOUR FAITH UP HIGH!
GOD BLESS YOU ALL!!! 
 
JEN