Freddie Mac Bulletin 2010-3 provides additional guidance with respect to U.S. Department of the Treasury HAMP Supplemental Directive 10-01 (Program Update and Resolution of Active Trial Modifications) (SD 10-01). The program changes announced in SD 10-01 includes the following: a HAMP change that eliminates stated income Trial Period Plans and requires full verification of Borrower eligibility after the Servicer receives the "Initial Package" and servicer timelines for acknowledgement and review of the documents included in the "Initial Package" and Borrower response timelines.
