AGO HomeCorps Webinar Series: The Math Behind Loan Modifications

A webinar for housing counselors and loan modification specialists, Presented by Bill Allen, Deputy Director, HomeCorps

This webinar was held on Wednesday, May 28, 2014.

Presentation topics include:

  • Types of Loan Modifications
  • Conducting a loan modification intake interview
  • Understanding Net Present Value Testing (NPV)
    • Estimating Debt to Income ratio (DTI)
    • Estimating Loan to Value Ratio (LTV)
    • Estimating “best-case” loan modification
  • Understanding an offer
    • Amortization
    • Affordability and post modification (DTI)

Presentation available HERE.