As of today, Servicers can download Version 5.3 of the Making Home Affordable Program Handbook for Servicers of Non-GSE Mortgages (Handbook) from HMPadmin.com. The Handbook is a consolidated reference outlining the requirements and guidelines of the Making Home Affordable Program for mortgage loans that are not guaranteed by Fannie Mae or Freddie Mac.
Unlike Supplemental Directives (SDs), which outline specific policy topics only, the Handbook is organized so servicers can easily find program information in one convenient guide.
Version 5.3 of the Handbook incorporates and supersedes in its entirety SD 18-01 and concurrently incorporates the guidance set forth in SD 19-01, which accompanies today's issuance of the Handbook.
Version 5.3 of the Handbook incorporates minor clarifications into several sections of Version 5.2 of the Handbook. In addition, Version 5.3 of the Handbook contains numerous clean-up edits that have been made in an effort to make the presentation of content more consistent throughout the document, as well as to improve overall readability. All users are strongly encouraged to rely solely on Version 5.3 of the Handbook going forward.
See SD 19-01: Making Home Affordable Program - Handbook for Servicers Version 5.3 and Administrative Clarifications for more information regarding these updates.
Questions?
Email the HAMP Solution Center.