Common use of Per Household Assistance Clause in Contracts

Per Household Assistance. The maximum amount of 2nd mortgage lien relief from the program will be $16,500 toward removal of liens whose value is <=$41,250. Servicers will be allowed to write down second liens above the $41,250 but the Hardest Hit Fund assistance is limited to the $16,500 per dwelling.

Per Household Assistance. The maximum amount of 2nd mortgage lien relief from the program will be $16,500 toward removal of liens whose value is <=$41,250. Servicers will be allowed to write down second liens above the $41,250 but the Hardest Hit Fund assistance is limited to the $16,500 per dwelling.

Per Household Assistance. The maximum amount of 2nd second mortgage lien relief from the this program will be $16,500 toward removal 8,500 when the borrower is pursuing a short sale. In the event the home is not listed as a short sale, then the maximum amount of liens whose value is <=assistance will increase to $41,250. Servicers will be allowed to write down second liens above the $41,250 but the Hardest Hit Fund assistance is limited to the $16,500 per dwelling16,500.