Home Affordable Modification Program (HAMP)

HAMP is a federal program designed to help struggling homeowners stay in their homes by modifying their monthly mortgage payments to make the payments more affordable. Though not all homeowners will qualify for this program, for those who do, HAMP may provide a real opportunity to save their homes. This video provides a basic overview of what HAMP is and how it works, particularly within the bankruptcy context.

While this video was prepared primarily for the private chapter 7 and chapter 13 trustees who handle the day-to-day administration of bankruptcy cases, anyone interested in gaining a general understanding of HAMP will find it helpful.

Please click here to view the video at www.justice.gov.