evaluationnotice-fanniemae.doc

EVALUATION NOTICES The Evaluation Notice must provide the borrower with one of the following possible outcomes: Non-approval, capacity to pay your mortgage Non-approval, not eligible for alternative to foreclosure Non-approval, proceed to foreclosure Reinstatement offer Repayment plan offer Forbearance plan offer - reduced payment Forbearance plan offer - suspended payment HAMP Trial Period Plan Notice Standard Modification Trial Period Plan Notice - based on MTMLTV ratio greater than or equal to 80% Standard Modification Trial Period Plan Notice - based on MTMLTV ratio less than 80% Stre