hamp servicer process
Post on 30-Jun-2015
88 Views
Preview:
TRANSCRIPT
Page: 1
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
MHA
Page: 2
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Slide 2
Page: 3
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Agenda
Page: 4
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Treasury’s HAMP Guidance
Page: 5
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
www.HMPadmin.com
Page: 6
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
GSE Guidance on www.efanniemae.com & www.freddiemac.com
Page: 7
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Slide 7
Page: 8
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Slide 8
Page: 9
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
HAMP Process Flow
Page: 10
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Slide 10
Page: 11
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
GSE Specific Guidance Evaluation of Imminent Default
Page: 12
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
HAMP Process Flow
Page: 13
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Slide 13
Page: 14
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Step 1: Capitalize delinquent interest and escrow advances.
Page: 15
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Waterfall Process Step 1 Graphic
Page: 16
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Step 1: Capitalize delinquent interest and escrow advances.
Page: 17
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Escrow Advances and Future Escrow Shortage (S)
Page: 18
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Escrow Analysis without Capitalization Amount
Page: 19
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Escrow Analysis with Capitalization Amount
Page: 20
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Step 2: Reduce the interest rate
Page: 21
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
www.freddiemac.com for PMMS Rate
Page: 22
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Step 3: Extend the term
Page: 23
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Step 4: Forbear Partial Principal
Page: 24
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
SD 10-01: Principal Forbearance Limitation
Page: 25
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
HAMP Process Flow
Page: 26
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Slide 26
Page: 27
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Log in to www.HMPadmin.com
Page: 28
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Open NPV Excel Spreadsheet (Enable Macro)
Page: 29
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
NPV data
Page: 30
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Hit Validate copy C:\WINDOWS\.... Then OK
Page: 31
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
NPV Transaction Portal: login is HMPadmin.com id
Page: 32
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
NPV Transaction Portal
Page: 33
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
NPV Results Notification will be emailed
Page: 34
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Retrieve the NPV Results
Page: 35
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
NPV Results
Page: 36
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
NPV Best Practice
Page: 37
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
HAMP Process Flow
Page: 38
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Slide 38
Page: 39
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Trial Period Effective Date/ 1st Payment Due Date
Page: 40
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Slide 40
Page: 41
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
HAMP Process Flow
Page: 42
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Slide 42
Page: 43
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Incomplete Documentation
Page: 44
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
HAMP Trial Period Plan Notice
Page: 45
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Non-Approval Notice
Page: 46
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Slide 46
Page: 47
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Slide 47
Page: 48
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Conversion from Trial to Permanent Modification
Page: 49
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
HAMP Process Flow
Page: 50
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Reporting to Treasury
Page: 51
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Reporting to Trial and Official Mod activity
Page: 52
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Log in to www.HMPadmin.com
Page: 53
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Reporting in the HAMP Reporting Tool- Trial Setup
Page: 54
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Reporting in the HAMP Reporting Tool- Official Setup
Page: 55
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Upload Zip, XML or CSV files
Page: 56
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Fannie Mae Response Files
Page: 57
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
List of Files Received
Page: 58
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Fannie Mae Response Files
Page: 59
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Errors and Warning
Page: 60
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Supplemental Directives, Lender Announcements, Chapters and Bulletins
Page: 61
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Supplemental Directives
Page: 62
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Supplemental Directives (Cont.)
Page: 63
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Supplemental Directives (Cont.)
Page: 64
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Slide 64
Page: 65
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Supplemental Directives (Cont.)
Page: 66
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Slide 66
Page: 67
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Slide 67
Page: 68
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Freddie Mac Resources
Page: 69
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Fannie Mae additional tools
Page: 70
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Slide 70
Page: 71
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
The Learning Center on HMPadmin.com
Page: 72
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Recommended order of HAMP Training Webinars
Page: 73
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Next steps
Page: 74
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Questions?
Page: 75
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Fannie Mae GSE Guidance
Page: 76
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Fannie Mae GSE Guidance
Page: 77
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Fannie Mae GSE Guidance
Page: 78
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Freddie Mac Guidance
Page: 79
2010 09 16 MHA Process Flow for HAMP_SR20100527-QC JM.ppt
Freddie Mac Guidance
top related