Hear the latest on Home Affordable Foreclosure Alternatives Program (HAFA). Attendees will have the opportunity to ask Treasury Department representatives and Wells Fargo experts about short sales programs, and we will get inside knowledge on the efforts being made to speed up the short sale process, and stabilize home prices and neighborhoods. This is one of three conference programs designed to keep you current on the short sale aspect of housing issues.
Session at 2010 NAR Conference & Expo, New Orleans
Freddie Mac HAFA Short Sales Webinar (Sept. 2010)
This 35-minute Recorded Webinar, available 24/7 for real estate professionals, presents Freddie Mac's requirements for the implementation of the federal government's Home Affordable Foreclosure Alternatives (HAFA) program, with a focus on the short sale alternative to foreclosure.
HAFA: Fannie Mae, Freddie Mac Short-Sale Rules (July 29, 2010)
Fannie Mae and Freddie Mac recently released rules for processing short sales and deeds in lieu of foreclosure in accordance with federal short-sale guidelines known as HAFA (Home Affordable Foreclosure Alternatives), which took effect in April. The rules from Fannie and Freddie differ in significant ways from one another and from the federal HAFA program. This webinar is intended to familiarize you with the two companies' rules and help you understand how they differ from each other and from the federal rules.
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HAFA has the potential to revolutionize short sales, but its success will depend on vigorous implementation by servicers and recognition by investors and subordinate lien holders that they will lose less in a short sale than in a foreclosure. This Webinar will give you the information you will need to know to make HAFA short sales a success.
Download updated slides (PDF: 267K)