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Home  >  Blogs  >  Rob Chrisman  >  5/5/10--Cinco de Mayo: HAMP Incentives Denied to NonCompliant Servicers? High Balance Loans; Penny Mac Earnings; Flood Zone Alert
5/5/10--Cinco de Mayo: HAMP Incentives Denied to NonCompliant Servicers? High Balance Loans; Penny Mac Earnings; Flood Zone Alert Print
Wednesday, 05 May 2010 07:42

An article by Kate Berry, with American Banker, states that "the Treasury Department is threatening to deny or even claw back incentive payments to mortgage servicers that are not modifying loans according to the administration's guidelines."

Link to article

 
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Home  >  Blogs  >  Rob Chrisman  >  5/5/10--Cinco de Mayo: HAMP Incentives Denied to NonCompliant Servicers? High Balance Loans; Penny Mac Earnings; Flood Zone Alert