hafa scotts valley: Important New Policy Changes for HAFA Effective August 2011 ! - 08/17/11 06:01 AM
Changes For The Treasury Department’s HAFA Program
On August 9, 2011, the Treasury Department issued Supplemental Directive 11-08 for its HAFA program. The new policy changes and clarifications of previous HAFA policies are as follows:
 
•Borrowers are currently provided with a 14-day period to respond to a servicer’s invitation to participate in the HAFA program. The 14 calendar day period response time is only intended to give the borrower a guaranteed minimum time period to respond to the servicer. It is not meant to that if the borrower elects to participate in HAFA after the 14-day period that they are … (1 comments)