OCWEN and HAFA

In working with OCWEN loan servicing and found out that the short sale I'm working on was not considered for HAFA.  I had submitted all paperwork including HAMP paperwork and when I asked about HAFA today, they told me it was not considered.  I was under the impression that all short sales had to be reviewed for HAFA eligability.  Is that not the case?

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Replies

  • Freddie HAFA is as we know it is going away by 11-1-12.  See if they will consider a Standard Short Sale with Relocation Funds.  This may require Ocwen to seek approval from Freddie Mac.

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