Oh what a beautiful morning!  First call of the day started on a happy note.  A former client, who had her first mortgage permanently modified on the Treasury’s “Making Home Affordable Modification Program” (also called “HAMP”) back in November, called to say her second mortgage was just modified on the Second Lien Modification (2MP) program.  What that means is her interest rate on the second mortgage dropped to 1% for five years, and it then changes to market rate for the remaining term.  These terms mirror those on her first loan modification, reducing her monthly payment by 80%. WOW!!!  I am so happy this family now has an affordable payment.  She said, “I feel like we can live again!”