Troubled Asset Relief Program

Two More Servicers Join HAMP 

Mortgage Center and Mission Federal Credit Union both signed on to the list of now 34 mortgage servicers participating in the modification incentive program under the Troubled Asset Relief Program (TARP). The Home Affordable Modification Program (HAMP) allocates TARP funds to servicers to use as interest rate reduction subsidies or to distribute to participating lender/investors or borrowers.