A reader says his lender (GMAC) gives him contradictory responses to the following:
Can distributions from retirement assets - IRAs, annuities, Keogh plans, pension funds - be counted towards Gross Monthly Income (GMI) in applying for a MHA/HAMP loan modification?
Readers says his lender is disallowing such distributions on the ground that MHA/HAMP guidelines don't allow them. He says also that GMAC can't give him chapter and verse from the March 4 2009 HAMP guidelines. He's told there have been several supplements to these guidelines - but says he can't find them.
Can any one help with this? And are there other questions about HAMP/MFA that savvy dKos readers might answer? Where are people going to get good information about HAMP/MFA?