Training Catalog: Course Description

This 2-hour webinar for housing counselors will enhance their ability to analyze borrowers' default situations. This training session provides information about workout options including the Home Affordable Modification Program (HAMP), applying Freddie Mac requirements, and exploring options that can help keep clients in their homes.

• You must be an employee of an approved housing counselor agency to attend.
• Simultaneous access to the Internet (to receive the visual presentation) and a telephone (to receive audio)
• Refer to:Course Materials

• Evaluate a borrower for involuntary inability to pay or the reason for default
• Identify and assist the homeowner to qualify for standard programs
• Determine the best alternative to foreclosure

• The loss mitigation process
• Reasons for default
• Foreclosure alternatives
• Selecting a workout option
• Home Affordable Modification Program