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Wednesday, May 12, 2010 8:12 AM

Has a home that was once a blessing now become a financial burden?

Considering Short Sales by Carla L. Davis In today's economic climate, many families are finding themselves in dire straights. The home that was once a blessing has now become a financial burden. In an attempt to avoid foreclosure, which can reap
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Wednesday, April 21, 2010 12:48 PM

Homeowners can get second mortgages adjusted, too

By Stephanie Armour , USA TODAY The Obama administration's initiative to help homeowners obtain modifications of second mortgages is getting off the ground. Just this month, Bank of America became the first major lender in the program to send letters
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Wednesday, April 07, 2010 7:34 AM

Home Affordable Foreclosure Alternatives Makes Short Sales Easier

By Michele Lerner , Bankrate.com Homeowners struggling to sell their homes in a short sale are getting some relief, thanks to the federal government's Home Affordable Foreclosure Alternatives, or HAFA, program. Up to now, many short sales -- in which
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Monday, March 29, 2010 10:34 PM

Details of HAFA

Home Affordable Foreclosure Alternatives (HAFA) was introduced to simplify and streamline the short sale process. HAFA accomplishes this in the following ways: Compliments the Home Affordable Modification Program (HAMP) by providing viable alternatives
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