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Fannie Mae logo  Fannie Mae Alternative Modification™ (Alt Mod™) to HAMP 


Fannie Mae's new Alternative Modification to the Home Affordable Modification Program is for borrowers who were accepted into a Home Affordable Modification Program trial period plan but were subsequently denied a permanent modification because of eligibility restrictions. 


This applies to all mortgage loans in active HAMP trials initiated prior to March 1, 2010.


To help servicers better understand Alt Mod, a servicer FAQ has been developed to complement the Lender Letter. Additionally, borrower-focused documentation -- including a servicer script, sample letters, FAQs, and related documents -- now available to help servicers communicate this solution to borrowers. All are posted on the Alternative Modification page on eFannieMae.com.


  • Lender Letter LL-2010-04, Fannie Mae Alternative Modification™ to the Home Affordable Modification Program (Alt Mod™)

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