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Will HAFA Supplemental Directive 09-09 eliminate short sale investor flips / quickturns

by on January 2, 2010

I recently posted on this blog the following article Short Sale Heaven Coming April 5th 2010 . Out of it came several interesting comments including a post from an gentleman who sharply disputed my comments  let me know that I’d “been schooled.”  I delayed replying because I thought further discussion of the subject of the [...]

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Short Sale Heaven Coming April 5th 2010

Short Sale Heaven Coming April 5th 2010

by on December 9, 2009

I noticed an article through Reuters reporting, Treasury sets guidance to simplify “short sales”. The HAMP website released “Supplemental Directive 09-09” which is the new guidelines for servicers doing short sales (HAFA details here – HAFA means Home Affordable Foreclosure Alternatives). Short sale agents and distressed home sellers have been waiting for these guidelines with [...]

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