Home Affordable Foreclosure Alternatives (HAFA) for Non-GSE Loans


A couple weeks ago when I wrote about the Home Affordable Foreclosure Alternatives program, I got some questions about what you could do if your loan wasn’t serviced by Fannie Mae.

Well, I did a bunch of searching around and found the training video below on the HAMP Admin web site…there’s lots of good info there.  You might wanna check it out.

The video is a training video meant for servicers and lenders, not consumers.  So you’re getting the info straight from the horse’s mouth about how the short sales and deed in lieu are supposed to work.  Of course, if your lender isn’t following this methodology, there’s not much you can do besides file a complaint or hire a lawyer.

Anyway, just click on the picture below and you’ll be taken to the video’s web site.  You’ll have to put in your name and e-mail address before you can watch it, but it’s well worth the cost!  I haven’t gotten any weird e-mails since I did it, so I think it’s safe…plus it’s the government…you trust them, don’t you?

Home Affordable Foreclosure Alternatives

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Tags: government regulation, Home Affordable Foreclosure Alternatives

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