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Can FHA or VA mortgages be changed under HAMP? Are all mortgages acceptable?

April 26, 2017acceptable changed FHA hamp mortgages VA

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Can FHA or VA mortgages be changed under HAMP? Are all mortgages acceptable?

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Most traditional loans including prime, subprime and adjustable mortgages, loans owned by Fannie Mae, Freddie Mac and private investors, and most loans in mortgage backed securities are appropriate for a loan adjustment under HAMP.