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It seems to me that if your clients meet the HAFA guidelines, you would not be acting in their best interest if you did not cancel the short sale with Equator and go through HAFA. Just tell Equator that you have discussed the situation with your clients and they have asked you to do so. You have a fiduciary responsibility to do what is in their best interest. I have a short sale with Chase which was initiated before HAFA began. I was sure that HAFA would begin before our original request was approved and my strategy, from the beginning, was to request HAFA if the approval letter did not have forgiveness language in it.It turned out that Chase took it upon themselves to move us to HAFA using our original packet and without a request from me. They sent me the HAFA packet and asked me to have my clients complete it. We are about to close and although it took more than the 10 to 14 days, my clients got the forgiveness language and $3000.00 for moving expenses. I never asked why they moved us.Why tempt fate. My assumption was that because it was a divorce situation and the hardship was easily validated. Good luck
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