Making Home Affordable Program

Financial Incentives and Uniform Process for Short Sales - The Foreclosure Alternatives Program (FAP)
On May 14, 2009, Treasury Secretary Geithner and HUD Secretary Donovan announced new details on the Making Home Affordable Program to help homeowners facing foreclosure.
NAR's Web Page on Short Sales>
Treasury Department press release> (Treasury Dept.)
View detailed guidelines> (PDF: 316K)
Treasury's FAP factsheet> (PDF: 44K)
NAR's Related Press Releases
Realtors® Help Buyers, Sellers Navigate Short Sales>
Uniform Process for Short Sales Will Help Struggling Home Owners>

