HAFA - Home Affordable Foreclosure Alternative Discussions (120)

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No relocation requested....no HAFA?

This is California....the property is being purchased by the tenant, so therefore I have not requested the 3k relocation allocation. What t…

Started by Robin Dahlstrom

4 Oct 9, 2012
Reply by TOP END Properties

Wells Fargo HAFA Denied

Hello, I am hoping someone can help me.  I listed a short sale and Wells Fargo is the owner of the loan and American Servicing Company is t…

Started by Kelly W. Maynard

7 Oct 9, 2012
Reply by TOP END Properties

BofA HAFA Approval Terms. MUST make partial mortgage payments?

I just received the terms of the Agreement for a HAFA approval with BofA.  The agreement states the borrowers must make partial mortgage pa…

Started by Donna Graham

1 Oct 9, 2012
Reply by TOP END Properties

HAFA Requested short sale - GMAC requesting value set at 50K over value

Working a HAFA requested short sale through Equator (conventional loan; First and second with GMAC, interest only loan + HELOC - $592,000 t…

Started by Brenda L Wood

0 Aug 17, 2012

A New Guideline?

It took 4 months to get the 2nd B of A approval which the 1 st also B of A but serviced by SPS said they had to have prior to them putting…

Started by Tori Lee

2 Aug 11, 2012
Reply by Tori Lee

Freddie Mac HAFA- Unemployment Benefits Question

My buyer is currently in escrow on a property where the sellers are both on Unemplyment. The sellers are trying to do a HAFA short sale and…

Started by Jennifer Garrell

4 Jun 19, 2012
Reply by Jennifer Garrell

HAFA and Contribution to Buyer's Closing Costs

I just had a Negotiator for Aurora tell me that under HAFA (in this case, Freddie Mac HAFA), there can be no contribution to the Buyer's cl…

Started by Barbara Thomas

2 Jun 4, 2012
Reply by Anna Williamson

HAFA REQUIRING HOMEOWNER TO PAY 31% OF THEIR INCOME POST-APPROVAL???

Hey all, just had a conversation with Bay View Loan Servicing.  They've been processing the homeowner for HAFA eligibility since mid-April,…

Started by Jen Hill

5 May 11, 2012
Reply by Kevin - Greenville, SC

HELP US BANK Investor...says NO to HAFA Due to August 6th Foreclosure Sale Date???

We just found out from  BOA that our client is not eligible for HAFA because US BANK is the Investor has a policy that if the home is in fo…

Started by Pamela Walsh

6 May 11, 2012
Reply by Jen Hill

Do banks give 1099 for HAFA incentive?

I have a HAFA approved client and I want to know if my client will get a 1099 for the HAFA amount on top of a 1099 for the balance of the l…

Started by Kim Martin

2 May 11, 2012
Reply by Kim Martin

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