Treasury Department

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January 1, 1 6 min read Definitions
Home Affordable Modification Program (HAMP)
HAMP Mortgage Modification Homeowners Affordability Stability Plan Financial Stability Mortgage Relief Treasury Department HUD
The Home Affordable Modification Program (HAMP) is a U.S. government program designed to help homeowners reduce their monthly mortgage payments to make them more affordable, aiming to cap mortgage payments at 31% of a borrower’s verified monthly gross pretax income.
Read more about Home Affordable Modification Program (HAMP).

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