Saturday, December 1, 2012

Supplemental Directive 12-09 expands on Debt-to-Income Ratios Required on Rental Home Modifications

To read the Supplemental Directive, click here.

It addresses the following topics:


  • HAMP® Modified Loans Repurchased from GSEs
  • Debt-to-Income Ratio Eligibility
  • Single Point of Contact (SPOC) Clarifications
  • Dodd-Frank, Identity and Occupancy Verification Clarifications
  • Handbook Mapping Clean-Up and Clarifications