Homeowner Affordability and Stability Plan (HASP)
Making Home Affordable
The Homeowner Affordability and Stability Plan (HASP) is part of a comprehensive strategy to reinforce the U.S. economy by helping millions of homeowners modify or refinance their mortgages to avoid foreclosure. In doing so, the plan not only helps responsible homeowners on the verge of default, but helps prevent further decline in neighborhoods and communities across the country.
Radian is a proud partner in this effort and we have assembled many of the details you need to expedite the process. Contact us if you want additional information about the program.
Click the appropriate category below for more information on Radian's policies and programs for modifying and/or refinancing loans.
- Performing Loans
- Non-Performing Loans
|Fannie Mae/ Freddie Mac HARP Eligible||Servicer||Radian Policy||Certificate||Rates/ Coverage||Documentation/ Submission|
|Radian's HARP Eligible Modification Program||Certificate of Insurance Endorsement for Loan Modification||Original rate and coverage percentage||Single Loan:
Notification of Mortgage Insurance Modification
HARP Performing spreadsheet
No additional documentation required
|No||Same||Non-GSE Modification Program||Certificate of Insurance Endorsement for Loan Modification||Original rate and coverage percentage||Notification of Mortgage Insurance Modification
|No||New||Non-GSE Modification Program||New certificate||Current published rate and requested coverage percentage||Complete loan application package submitted through standard delegated and non-delegated method. (Please see Radian’s published underwriting guidelines for details)|
*If a performing loan meets our current underwriting guidelines, Radian does not need to be the insurer of the original loan.