hafa 2012 update: HAFA Update 2012 - Major Changes made.
- 03/15/12 12:43 AM
HAFA Update 2012 - Home Affordable Foreclosure Alternative Extended another year! Friday, March 9th 2012, the Obama Administration announced major updates to the Home Affordable Foreclosure Alternative (HAFA) program. Created in 2009, HAFA is a government-sponsored (US Treasury) initiative assisting all Home Affordable Modification Program (HAMP) eligible homeowners in avoiding foreclosure through the short sales process & deed-in-lieu program. These new HAFA updates will be effective as of June 1, 2012, and will allow more distressed homeowners to seek assistance. Most importantly, the deadline for submitting for HAFA eligibility will be extended a full year, to December 31, 2013. March’s 2012 updates to … (6 comments)
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HAFA Update 2012 - Home Affordable Foreclosure Alternative Extended another year!
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