HAMP Roster Expands To 76

Posted by Orb Staff on November 23, 2009 No Comments
Categories : Mortgage Servicing

Three more servicers signed on to the Home Affordable Modification Program (HAMP) last week, bringing the total number of participating servicers to 76.

Tampa, Fla.-based Quantum Servicing Corp. stands to receive up to $18.96 million in incentives, Hillsdale, Mich.-based Hillsdale Coutny National Bank can receive up to $1.67 million and Coral Gables, Fla.-based QLending Inc.'s incentives are capped at $20,000.

The total cap on servicer incentives was approximately $27.37 billion as of Nov. 20.

SOURCE: Treasury Department

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