The video “Navigating the Home Affordable Modification Program” is divided into two parts.

Part I is a basic orientation for viewers who may not have heard of HAMP, the objectives of the program, how to determine if your loan is owned by Fannie Mae or Freddie Mac, and how to find out if you qualify.

Part II discusses the information homeowners need to provide their mortgage servicer, demonstrates how affordability is achieved through a realistic example, and the steps homeowners need to take to ensure success in modifying their loan.

Use the drop-down menu in the video window below to skip to part 2 if you do not need to see part 1.

http://www.prnewswire.com/mnr/mnr_lib/200910/players/player-multi.swf?job=41078