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HAFA Vs. Hoffa - Any Chance of Finding a Body?
Since cynicism runs deep in my blood, I thought I would ask the ever-present question on every skeptic's mind- is this new foreclosure avoidance program REALLY going to help anybody? 
I ask this because, not only did the last government-authored homeowner-assistance program not help anyone (I exaggerate, it did help ONE person), but there are so many loopholes in the wording of the new HAFA program, that it is easy for anyone to smell what's fertilizing the lawn on the other side. 
Don't get me wrong, I WANT this program to work.  I WANT to see the housing crisis that was brought about by government mandating that risky mortgages be made be solved by the same people that created it.  True, I may be leery that this will work, but hey, as long as it makes the Big G look like they care and are actually doing something with a POSITIVE outcome, then I am all for it.
So what's my beef?  Well, it simply is this.  While HAFA seems to include a good number of people, the fact that individual lenders and investors can set their own parameters, unrestricted, including whether or not individual investors want to even participate, could easily ... more

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