HAMP Alternative Transactions Accelerate

23 May 2011

The number of new modification agreements under the Department of the Treasury’s Home Affordable Foreclosure Alternatives program is accelerating.

The number of new modification agreements under the Department of the Treasury’s Home Affordable Foreclosure Alternatives program is accelerating. HAFA, which is an additional option for homeowners that no longer qualify for the Home Affordable Modification Program, recorded 2,089 short sales and deeds-in-lieu of foreclosure in March, accounting ...

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