In order to qualify for HAMP, you'll need to be living in the property with a loan originated before January 1, 2009. If you got a HARP refinance after that date, your loan is no longer eligible for a HAMP modification.
BID, contracts. A bid is an offer to pay a specified price for an article about to be sold at auction. The bidder has a right to withdraw his bid at any time before it is accepted, which acceptance is generally manifested by knocking down the hammer. 3 T. R. 148; Hardin's Rep. 181; Sugd. Vend. 29; Babington on Auct. 30, 42; or the bid may be withdrawn by implication. 6 Penn.
Tender â The term âtenderâ is often used interchangeably to the term bid. However, âBidâ is increasingly being used by the Offerer (the supply side) and the term âtenderâ used on the procurement side (the buyer). Bid Manager â The bid manager takes full ownership of entire bid program.