Currently viewing the tag: "Foreclosure News"

First step in streamlining short sale or a deed-in-lieu (DIL) to avoid foreclosure!

Treasury Department Announces Home Affordable Foreclosure Alternatives Program

On November 30, 2009, the Treasury Department released guidelines and forms for its new Home Affordable Foreclosure Alternatives Program (HAFA). … 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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