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HAMP loan modification program

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Contributing loan servicers will soon be necessary to make use of a net present value (npv) check on each loan that is at danger of imminent default o-r at least 60-days overdue. The npv test may examine the internet present value of cash flows with modification and without modification.



Adjustment



The customization routine demands first lowering the interest rate (at the mercy of a rate ground of 14 days), then if necessary increasing the word or… Continuar

Agregado por Reuben Hatchett el junio 6, 2013 a las 12:01pm — No hay comentarios

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