Understand The Newest Government Short Sale Program HAFA
Fannie Mae and Freddie Mac’s HAFA;
HAFA; The Newest Government Anti Foreclosure program has finally been adopted and by the two largest owners of home mortgages, Fannie Mea and Freddie Mac. HAFA is the latest and greatest Government Short Sale Program. The GSE’s, (Government Sponsored Entities) have announced their versions of the Making Home Affordable Foreclosure Alternatives (HAFA) program. The GSE’s are already rolling out these programs through many servicers right now but by August 1, all Servicers will be participating, implementing the program for all conventional mortgages that are held