Government Issues New Short Sale Guidelines
December 11, 2009 by Elad Bushari · Leave a Comment
The U.S. Treasury Department announced a new program that will provide financial incentives to mortgage servicers and borrowers who use a short sale or a deed-in-lieu to avoid foreclosure on a loan facilitated through the Home Affordable Modification Program (HAMP). The new Home Affordable Foreclosure Alternatives Program aims to simplify and streamline the use of [...]
