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Great news on Short Sales!
The new Home Affordable Foreclosure Alternatives Program has some really helpful new guidelines for the short sale process. As a short sale specialist who has had to navigate the shadowy, poorly regulated short sale halls for the last few year, I think most of these guidelines will really speed up the process if implemented.
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New proposed changes to help distressed homeowners
November 30, 2009 - 12:03 pm
Tags: foreclosures, homeowners, short sale
Posted in Straight from the horse’s mouth | No comments
All over the country, foreclosures are up for the 9th straight quarter. A report last week by the Mortgage Bankers Association listed that 14 percent of homeowners with mortgages are either behind in their payments or headed for foreclosure. In response, it has been announced that there some changes to its “Home Affordable Modification Program,” originally launced in [...]