A new federal program could give some homeowners who are underwater and behind on their mortgage payments some relief. The Home Affordable Foreclosure Alternatives or HAFA program is designed to expedite short sales.
The program, which took effect in early April and runs through December 31, 2012 streamlines the short sale process by pre-approving sellers and establishing a sale price in advance.
Click here to read more: New program helps expedite short sales...
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