Friday, July 30, 2010

Home Affordable Foreclosure Alternative Program (HAFA)

 
The Treasury Department recently released guidelines and forms for its new Home Affordable Foreclosure Alternatives (HAFA), which is part of the Home Affordable Modification Program (HAMP), designed to streamline and create incentives for short sale transactions for lenders and borrowers. This new program is effective April 5, 2010 and goes through December 31, 2012. HAFA [...]