Sacramento HAFA SHORT SALE SPECIALIST Answers: Can I Do HAFA? HAFA Short Sale Facts And Fiction
[caption id="attachment_3310" align="aligncenter" width="450" caption="HAFA HELP, HAFA FACTS AND HAFA ANSWERS "][/caption] [caption id="attachment_5259" align="aligncenter" width="200" caption="Certified HAFA Specialist Forth Hoyt "][/caption] Sacramento Certified HAFA Short Sale Specialist and Folsom Multi-Certified Short Sale Expert Forth Hoyt Explains More HAFA Facts: The Newest Government Anti- Foreclosure Program; HAFA Has A Lot Of People Asking Questions. Here Are Many Questions I Have Been Answering Lately About HAFA or The Home Affordable Foreclosure Alternatives Program: What is a HAFA Short Sale and how does a HAFA Short Sale work? The HAFA Government Short Sale Program was created in the wake of a Failing HAMP loan modification program that only provides less than 50% of its applicants with any type of successful modification, and of those 40ish% that successful,...
Fannie Mae Institutes the “Alternative Modification”
Sacramento Certified Pre-Foreclosure Specialist Report: Fannie Mae's Alternative Modification [caption id="attachment_1761" align="aligncenter" width="375" caption="Fannie Mae Institutes Alternative Modification for those who don't qualify for HAMP"][/caption] Modification News from DSNews: Servicers are working faster and more diligently to convert trial modifications to permanent status under the administration’s Home Affordable Modification Program (HAMP). In February, the number of mods in thepermanent column increased 45 percent compared to January. But the bitter truth is that some homeowners won’t qualify for long-term relief even after successfully making their trial payments – whether it’s because of insufficient documentation during the final application process or because once income is verified, their debt-to-income ratio pushes them out of the qualifying bracket. To offer these homeowners another option, Fannie Mae is instituting...
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