Treasury Eases HAFA Guidelines as Group Urges Action

http://makinghomeaffordable.gov/hafa.html

https://www.hmpadmin.com/portal/programs/docs/hafa/sd1018.pdf

http://www.car.org/media/pdf/C.A.R._HAFA___Short_Sale_Comment_Letter_12-10.pdf

HAFA

Under HAFA, all homeowners that do not qualify for a Home Affordable Modification Program (HAMP) loan modification must be considered for participation in the HAFA program before a lender forecloses. Government-sponsored enterprises Fannie Mae and Freddie Mac recently announced their own versions of the program.