Mortgage Servicing and Loan Modifications: 6.7.3.2 The 2MP Trial Period Plan
A three-month trial period was required under the program if the borrower was two or more payments delinquent on a second lien mortgage when offered the modification.315 A trial plan was not required if the borrower was current on the mortgage and the amount of the borrower’s monthly payment was equal to or greater than the amount that would be due after modification.316 The plan may not run concurrently or overlap the HAMP or Standard Modification trial period, unless the servicer is the same f