Five Brothers

HAMP Reporting Update: Q3 2013 Base NPV Model Documentation Supplement Available


HAMP REPORTING UPDATE

September 4, 2013

 

Q3 2013 Base NPV Model Documentation Supplement Available

The Q3 2013 Base NPV Model Documentation Supplement is now available for the Home Affordable Modification ProgramÒ (HAMP) for use beginning October 1, 2013. The supplement provides the following:

  • REO Sale Value Parameters
  • Historical and Projected Home Price Index
  • Foreclosure and REO Disposition Timelines and Costs
  • Home Price Decline Protection Incentive Matrix
  • Default Model Parameters
  • Pre-payment Model Parameters
  • HAMP Tier 2 Assumptions and Parameters

 

Servicers can access the Q3 2013 Base NPV Model Documentation Supplement in the Base NPV Model Tools & Documents section of HMPadmin.com (login required).

 

Important Actions for Certain Servicers: HAMP-registered servicers using an NPV model that has been implemented or customized for their own systems must implement the new Q3 2013 data tables for use beginning October 1, 2013.

 

To fulfill model versioning requirements, servicers should continue to use the revised Q2 2013 data tables for August 1 through September 30, 2013, and other appropriate supplement data tables for earlier quarters.

 


 

HAMP NPV Transaction Portal Outage

Due to system maintenance, the HAMP NPV Transaction Portal will be unavailable from 9:00 p.m. ET Friday, September 20 through 8:00 a.m. ET Monday, September 23. Servicers will not be able to access the HAMP NPV Transaction Portal during this time period

 

Questions?

Email the HAMP Solution Center or call 1-866-939-4469.

 

Please click here to view the online Update