 FORECLOSURE NEWS AND UPDATESSunday, February 28, 2010 - Article by: FHASUBMISSION.COM -
The Home Affordable Foreclosure Alternatives (HAFA) program will launch on April 5, 2010, and everyone from asset management companies to software providers are rushing new products to the front lines.I originally wrote this story on HAFA in October when the US Treasury Department announced the program. HAFA was designed to provide incentives to servicers that provide short sales and deeds-in-lieu of foreclosures to borrowers who do not qualify for a loan modification through the Home Affordable Modification Program (HAMP). The Treasury aims to help 3-to-4m borrowers through HAMP, which launched in March 2009. Through January 2010, participating servicers provided 116,000 permanent modifications.I am a Government approved F.H.A Direct Lender so those of you in the market to purchase a home with only 3% down payment I would be your source of Financing , you do not have to have great credit 620 fico score and above and we can get you in a home the only thing we are cautious of is your debt to income ratio's.Call me today Toll Free and let me run the numbers and see if I can help with over 20 years in the industry you can feel comfortable dealing with a professional.Jeffrey Martino Young # 1-800-784-0196. |
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