Was denied Hamp/Approved for Non-Hamp/Rec Offer Today and it says "Hamp Mod"????

[Patienceisavirtue]

Ok,

I was denied a HAMP due to 31% ratio. Then I was approved for a non-hamp and I got the Fed-Ex paperwork today. It states HAMP MODIFICATION in bold over the offer. Should I be concerned? Is this a mistake on their part? I want to reject the offer and reapply for a more affordable mod.

[Maurice Bedard]

If the payment on the offer is 31% of your gross income, it may be a HAMP offer, and if you refuse a valid HAMP offer, you cannot get another one.

[jdog35]

Dear Moe:
I similarly was denied a HAMP but then told I was approved in-house, which interestingly increased my payment by several hundred dollars! The denial did not state I had a right to appeal the denial, but I'd like to. Any suggestions?
Thanks!
Jdog35

[Cat Damiano]

jdog35,


You can try escalating your dispute to the following;

Fannie Mae Loans	www.FannieMae.com/ LoanLookup	Phone: 1-800-7FANNIE resource_center@fanniemae.com
Freddie Mac Loans	www.FreddieMac.com/ MyMortgage	Phone: 1-800-FREDDIE
Non-GSE Loans	-	HAMP Solution Center Phone: 1-866-939-4469 Fax: 1-240-699-3883 escalations@hmpadmin.com

Also try;

borrower_outreach@freddiemac.com