HAMP applied by Jersey City Foreclosure Lawyer for loan modification

How does “HAMP” work to modify an FHA mortgage in New Jersey?

HAMP for most homeowners is no longer in effect. However, the FHA Home Affordable Modification Program (HAMP) is still in effect.  FHA HAMP is only for FHA-insured borrowers who meet HAMP eligibility requirements. If you do not have an FHA loan, this program will not…