Common use of Program Interactions with Other Programs Clause in Contracts

Program Interactions with Other Programs. (e.g. other HFA programs) Homeowners who participate in the Mortgage Payment Program (MPP) may be eligible to participate in SMRP if the borrower has the ability to resume first mortgage payment yet second mortgage payment remains unaffordable. Eligible delinquent borrowers will be brought current with MPP One-Time Reinstatement if necessary and then are eligible for SMRP.

Program Interactions with Other Programs. (e.g. other HFA programs) Homeowners who participate in the Mortgage Payment Program (MPP) may be eligible to participate in SMRP if the borrower is employed and has the ability to resume first mortgage payment yet second mortgage payment remains unaffordablea need. Eligible delinquent borrowers will be brought current with MPP One-Time Reinstatement if necessary and then are eligible for SMRP.