Posts tagged as:

policy

Federal short sale solution

February 5, 2010

Here’s some more information about the federal Home Affordable Foreclosure Alternatives Program (HAFA) that will go into effect on April 5th. Will this be the answer to everyone’s short sale struggles?

Read the full article →

FHA buyers now free to collude with flippers

January 25, 2010

Okay, okay…you’ll have to excuse the title’s cynicism. You know how I feel about flipping. Guess what? HUD put a one-year moratorium on the FHA 90-day anti-flipping rule. So come February 1st, expect to see more FHA buyers writing offers. It seems quite a silly move, considering the predicament the FHA currently faces .

Read the full article →

New policy to streamline short sales

January 14, 2010

So the Treasury Department announced the Home Affordable Foreclosure Alternatives Program (HAFA), which will take effect in early April and was created to incentivize lenders to streamline the short sale process. As much as I’d like to see it work, I’m skeptical that lenders would bite. Just ask any struggling homeowner trying to get a […]

Read the full article →