Currently viewing the tag: "deed-in-lieu of foreclosure"

What is HAFA?

The Home Affordable Foreclosure Alternatives (HAFA) Program is a government-sponsored initiative announced in November 2009 overseen by the US Treasury Department and administered by Fannie Mae (Fannie) assisting all Home Affordable Modification Program (HAMP) eligible homeowners in … Continue reading

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Oftentimes, as a Top New Jersey Real Estate agent, I help homeowners like you understand and evaluate their next move when it comes to falling behind on mortgage payments. Rest assured that help is available and it comes … Continue reading

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Deed in Lieu Foreclosure NJ

Many homeowners facing foreclosure determine that they just can’t afford to stay in their home. If you plan to liquidate your home but want to avoid a foreclosure (including the negative blemish that will … Continue reading

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I don’t qualify for loan modification, now what? On November 5, Fannie Mae announced its new Deed-for-Lease Program (D4L) that allows eligible borrowers facing foreclosure (or their tenants) to stay in their primary residences.

Under D4L, the borrower transfers … Continue reading

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