Borrowers Must: be primary & only residence (Non-Occ. Co-Borr. not allowed) be deliquent or current have made at least 6 payments have not been convicted of Fraud in the past 10 years not have made any false statements on existing loan; ex) stated their income was higher have a DTI > 31% as of March 1, 2008 (proven with W-2's, tax returns or VOE) prove they did not default intentionally not own a 2nd or investment home Existing Mortgage Qualification: originated on or before Jan. 1, 2008 FHA, Convention, Sub-prime (Fixed, ARM, (2 comments)