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Understanding The Home Affordable Foreclosure Alternatives (HAFA) Program

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Understanding The Home Affordable Foreclosure Alternatives (HAFA) Program

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This resource guide provides real estate professionals a better understanding of the Making Home Affordable Program as it relates to the consumer and the real estate industry.

This guide contains:

  • Information about the foreclosure alternatives market background
  • Information about the purpose of the HAFA program, the relationship between HAMP and HAFA and the significance of that relationship in the short sale market
  • Information about HAFA Guidelines for Treasury, Fannie Mae and Freddie Mac HAFA programs
  • Information about how to evaluate your existing short sales for HAFA eligibility as well as understand and therefore reduce professional liability risks
  • Information about the process, documents and timeframes built into the HAFA program for all parties involved in the process
  • Key differences between the Treasury Department, Freddie Mac and Fannie Mae HAFA Programs utilizing comparison charts included

Also includes: Unlimited Access to the New Online HAFA Forms Tutorial

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Take C.A.R. Education's top rated online course for short sale training. For more information visit www.car.org/education/designations/hafaspecialist.