Administration’s New Loan Mod Plan to be Analyzed

The Obama administration’s new Home Affordable Modification program and its impact on ongoing loss mitigation efforts in the mortgage industry is the subject of a new Inside Mortgage Finance audio conference scheduled for April 2 at 3 pm EDT.

This important event will feature mortgage industry legal experts Larry Platt from K&L Gates and Don Lampe from Womble Carlyle, who will explain all the nuances of the HAM program and where it fits in with other federal efforts to slow down foreclosures. The audio conference also will feature Steve Bailey, head of Bank of America’s massive mortgage servicing operation, who will provide an update on BofA’s loss mitigation efforts as well as his take on the government’s latest push to encourage more loan modifications.

Click here for more info.


Leave a Reply