The government's Home Affordable Foreclosure Alternatives Program is here...and you need an advocate.
You may have heard it before, but now its taking effect: our federal government is actively trying to combat the millions of foreclosures happening across the country. To address this need for new options, an initiative is in effect called the Home Affordable Foreclosure Alternatives Program, or HAFA. While the details of what this means to the government, lenders, servicers and agents are complicated, you-the homeowner-need to clearly understand the new solutions available to you.
This report provides a straightforward explanation of HAFA and, more importantly, what it means to you.
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