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kcchica · 07-06-2009, 12:42 PM

I am hoping that it isn't the Home Saver program, as I am not sure what the point of that would be. The anaylst made it seem like the 4 month forebearance was necessary to show "default" in order to qualify. And the document link provided by Murray12 above, does talk about a 4 month trial period for the HAMP program for those that are not in default. At the end of the same document, it mentions the Home Savers program, and how its a 6 month forebearance. I can't recall my anaylst mentioning the "home saver" program, so hopefully that isn't the case. For those that were offered it, and have paperwork about it, did it clearly state "Home Saver"? I have a call in to my anaylst to update our budget information, I want to make sure that everything is perfect, so that there isn't some red tape/lets start over again "crap" after this 4 month period.
:-)

07-06-2009, 12:42 PM	#8 (permalink)
kcchica Member Join Date: Jul 2009 Posts: 12 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Forebearance = trial period? I am hoping that it isn't the Home Saver program, as I am not sure what the point of that would be. The anaylst made it seem like the 4 month forebearance was necessary to show "default" in order to qualify. And the document link provided by Murray12 above, does talk about a 4 month trial period for the HAMP program for those that are not in default. At the end of the same document, it mentions the Home Savers program, and how its a 6 month forebearance. I can't recall my anaylst mentioning the "home saver" program, so hopefully that isn't the case. For those that were offered it, and have paperwork about it, did it clearly state "Home Saver"? I have a call in to my anaylst to update our budget information, I want to make sure that everything is perfect, so that there isn't some red tape/lets start over again "crap" after this 4 month period. :-)