Foreclosure Programs on the Chopping Block

Welcome to DSNews.com—delivering stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry. Fri Feb 25, 2011 By: Carrie Bay 02/24/2011    Read the Entire Article On the chopping block are the Home Affordable Modification Program (HAMP), HUD’s Neighborhood Stabilization Program, the Federal Housing Administration (FHA) Short Refi Program, and the Emergency [...]

Foreclosure Options

Fannie Mae recently launced a new website to provide information and possible options to homeowners who are behind on their mortgage payments.  Knowyouroptions.com features practical information and resources to help homeowners avoid foreclosure by either staying in their home or selling it.  Resources include a list of local foreclosure prevention events, housing counselors, Fannie Mae [...]

Fannie Mae and Freddie Mac Announces thier own Version of HAFA

HAFA  -  Home Affordable Foreclosure AlternativesThe effective implementation date is August 1, 2010; however, servicers are encouraged to implement the Fannie Mae HAFA earlier than that date. Fannie Mae Home Affordable Foreclosure Alternative Program                                  Freddie Mac Home Affordable Foreclosure Alternative Program There continue to be changes, including the attempts to simply the short sale process for both [...]

What in the World is HAFA?