How can a HAFA Short Sale help you? But first, what is HAFA? You can read below but to get a better understanding, you might want to watch this quick video. The Home Affordable Foreclosure Alternatives Program, known as HAFA, is designed to help owners (referred to below as borrowers) who are unable to retain [...]
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What is HAFA?
You’ve heard a lot of talk about HAFA, but what is it? In early 2009, the National Association of REALTORS® (NAR) urged the U.S. Treasury Department, the Federal Housing Finance Agency, Fannie Mae and Freddie Mac to improve the short sales process. NAR’s concerns were first addressed on May 14, 2009, when the Obama Administration [...]
