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Entries from March 1st, 2010

Benefits of the New Home Affordable Foreclosure Alternatives Program (HAFA)

March 1st, 2010 · No Comments · Mortgages, Real Estate

Yes, another government program to help struggling homeowners, this one designed for those who cannot be successfully assisted by the Home Affordable Modification Program (HAMP). Under the Home Affordable Foreclosure Alternatives program ( HAFA), a borrower may be able to avoid foreclosure by completing a short sale or a deed-in-lieu of foreclosure (DIL). Although the outcome is still [...]

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