Comments on: Net Present Value and Why It Matters to You http://www.truthinforeclosure.com/net-present-value-and-why-it-matters-to-you Sun, 22 Aug 2010 22:39:10 +0000 http://wordpress.org/?v=abc hourly 1 By: 4WildHorses http://www.truthinforeclosure.com/net-present-value-and-why-it-matters-to-you#comment-1383 4WildHorses Mon, 24 May 2010 19:13:26 +0000 http://www.truthinforeclosure.com/?p=1717#comment-1383 Here's the link to the NPV Overview, but it doesn't include an example or template. https://www.hmpadmin.com/portal/docs/hamp_servicer/npvoverview.pdf Here’s the link to the NPV Overview, but it doesn’t include an example or template.
https://www.hmpadmin.com/portal/docs/hamp_servicer/npvoverview.pdf

]]> By: Todd Temaat http://www.truthinforeclosure.com/net-present-value-and-why-it-matters-to-you#comment-1156 Todd Temaat Mon, 08 Feb 2010 16:46:07 +0000 http://www.truthinforeclosure.com/?p=1717#comment-1156 Unfortunately, no, I don't have one either. I haven't been able to find it anywhere. If you/your friend goes to a HUD Housing Counselor, they might have one or be able to answer you questions about your situations. Although they're quite busy and are often, unfortunately, staffed by unknowledgeable people. You might also check out some local foreclosure attorneys or consumer advocates if you have any in your area. Thanks for writing and sorry I couldn't be of more help. Unfortunately, no, I don’t have one either. I haven’t been able to find it anywhere. If you/your friend goes to a HUD Housing Counselor, they might have one or be able to answer you questions about your situations. Although they’re quite busy and are often, unfortunately, staffed by unknowledgeable people. You might also check out some local foreclosure attorneys or consumer advocates if you have any in your area.

Thanks for writing and sorry I couldn’t be of more help.

]]> By: Doris http://www.truthinforeclosure.com/net-present-value-and-why-it-matters-to-you#comment-1150 Doris Fri, 29 Jan 2010 18:07:32 +0000 http://www.truthinforeclosure.com/?p=1717#comment-1150 Do you have a sample (or template) of the latest NPV Spreadsheet which I can download? I have a copy of the original one which was published on the MakingHomeAffordable.gov website, however since then there has been one or more revisions and to obtain a sample (or template) you have to have a user name and password (to the HAMP website) and the only way to get those is to be a registered servicer with HAMP. Many lenders are rejecting modifications, some after having received all the trial payments and saying you don't qualify. As an example I know a fellow church member in this position, however using the NPV Spreadsheet I have, he does qualify. It seems to me that since the NPV was developed using public funds, there should be more transparence in the HAMP program by allowing individuals access to the NPV spreadsheet so that the lenders assertions (about a borrower not qualifying) can be verified. Do you have a sample (or template) of the latest NPV Spreadsheet which I can download?
I have a copy of the original one which was published on the MakingHomeAffordable.gov website, however since then there has been one or more revisions and to obtain a sample (or template) you have to have a user name and password (to the HAMP website) and the only way to get those is to be a registered servicer with HAMP.
Many lenders are rejecting modifications, some after having received all the trial payments and saying you don’t qualify. As an example I know a fellow church member in this position, however using the NPV Spreadsheet I have, he does qualify.
It seems to me that since the NPV was developed using public funds, there should be more transparence in the HAMP program by allowing individuals access to the NPV spreadsheet so that the lenders assertions (about a borrower not qualifying) can be verified.

]]> By: John http://www.truthinforeclosure.com/net-present-value-and-why-it-matters-to-you#comment-1149 John Fri, 29 Jan 2010 17:12:04 +0000 http://www.truthinforeclosure.com/?p=1717#comment-1149 is anything being done to repair peoples credit because of this housing crisis? any class action suits against lenders or credit report agencies to ease the damaging burden to our credit scores because of this mess alot of us are in? is anything being done to repair peoples credit because of this housing crisis? any class action suits against lenders or credit report agencies to ease the damaging burden to our credit scores because of this mess alot of us are in?

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