hafa: Short Sales To get less stressful - 02/07/10 04:35 AM

In early 2009, the National Association of REALTORS® (NAR) urged the U.S. Treasury Department, the Federal Housing Finance Agency, Fannie Mae and Freddie Mac to improve the short sales process.
NAR's concerns were first addressed on May 14, 2009, when the Obama Administration announced the outline of a program to provide incentives and uniform procedures for short sales and deeds-in-lieu (DIL) of foreclosure under the Making Home Affordable Program.
NAR kept in contact with the various agencies and departments during 2009 to keep them apprised of the problems REALTORS® were having with short sales and urged them to … (3 comments)


Gregory Masceri

Greece, NY

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Remax/First Realty

Address: 101 Canal Landing Blvd, Rochester, NY, 14626

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