PMI Preserving Homeownership


PMI-Sponsored Programs to Help Homeowners Stay in Their Homes

As a founding member of the HOPE NOW Alliance, PMI leads the industry in supplementing servicers' loss mitigation efforts and providing a range of valuable resources to lenders, servicers and homeowners.

Lender/Servicer Resources

Making Home Affordable: PMI strongly supports the Treasury Department's Making Home Affordable program, which offers homeowners assistance by providing options for making their mortgages more affordable and helping to curb the rate of foreclosure.


Home Affordable Modification Program (HAMP): Loan modification program to reduce the monthly mortgage payments of at-risk homeowners whose existing mortgage is owned by Fannie Mae, Freddie Mac or other investors.

Home Affordable Modification Program (Administrative Website for Servicers)
PMI Servicer Guidelines and Forms



Other Loan Modifications and Foreclosure Alternatives: For loans insured by PMI, we make it easy and efficient to promptly and accurately assist your customers with a range of programs for both performing and non-performing loans. PMI Servicer Guidelines and Forms

Performing Loans:

 


Non-Performing Loans:

 

Homeowner Resources

PMI Home Preservation Program: If your mortgage loan is insured by PMI, this site offers information on the alternatives you may have to foreclosure, and provides an online Financial Information Form to assist you in initiating contact with our Loss Mitigation department.

HomeSafePMI: An educational website, sponsored by PMI, to help all homeowners better understand the implications of foreclosure and the alternatives that might be applicable to their situation. Includes links to lenders and nonprofits to assist in making direct contact with resources that can help. Also provides a Mortgage Options Assessment Form to help collect and organize the information needed to review with a lender or financial counselor.


MakingHomeAffordable.gov
:
The Treasury Department estimates that as many as 9 million American families may be eligible to refinance or modify their mortgage loans through the Making Home Affordable program. This government website provides the information needed to assess eligibility for the program, including Frequently Asked Questions and self-assessment tools.

 

The mortgage insurance discussed in this website is underwritten by PMI Mortgage Insurance Co. and its affiliates.

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  HOME AFFORDABLE MODIFICATION PROGRAM

  David Berson bio   Watch HAMP
Part I
 
  David Berson CNBC July 2009 video   Watch HAMP
Part II
 

Tools