HAFA - Home Affordable Foreclosure Alternative Discussions (120)

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Only Shorting the 2nd Lien Holder-Wells Fargo 1st is CITI and investor is Fannie Mae.

Hello, 1st Lien Holder is serviced by Citi, Fannie Mae is Investor, who has filed a LIs Pendance. 2nd is HELOC with Wells Fargo Citi is n…

Started by Jimmy Williams

2 Mar 25, 2016
Reply by Brian Avery

ONLY SHORTING THE 2nd Lien Holder GMAC- does HAFA APPLY?

I have a new short sale in Ca. We are only shorting the 2nd lien holder, GMAC. Can we do Hafa if the first is not being shorted? NON GSE.

Started by Kathy Dyer Realtor Rosevillle Ca

4 Apr 2, 2015
Reply by Kathy Dyer Realtor Rosevillle Ca

OCWEN participates in HAFA, but doesn't pre-approve the short sale???

I just got off the phone with the short sale department at OCWEN, and they are saying that they still participate in hafa, but they don't h…

Started by Jim Schneider

2 Mar 1, 2014
Reply by Kevin - Greenville, SC

Investors Turning Down Short Sale Because Their Own Appraisal Is Too Low

I just had a investor turn down a HAFA short sale because the appraisal that they ordered is too low. It seemed spot on to me. Now they wan…

Started by Kathleen Sheridan

1 Oct 2, 2013
Reply by joe beauchamp

is FNMA no longer participating with HAFA?

I just had a Chase negotiator tell me that FNMA is not longer participating in HAFA. Is this true? I think she is off her rocker as I have…

Started by Nicole Graham

7 Sep 19, 2013
Reply by Cami Pinsak

Navy Federal has offered us a Deed in Lieu of Foreclosure- need to understand what that means.

I am a homeowner.  We attempted to sell our house as a short sale and after three months of negotiations, our buyers walked away.  Our lend…

Started by Darlene Parker

11 Sep 2, 2013
Reply by joe beauchamp

Deficiency Waiver Question???

Hi, I am working an Ocwen Short Sale and it was really kind of easy.  The problem is that the approval letter does not indicate that Ocwen…

Started by cat

5 Aug 8, 2013
Reply by cat

How do you calculate a minimum payment to a second lien holder...

I'm working a first with Nation Star and a second with 5 Lakes.   The first is Fannie Mae and is short with bal. owed $275k.  Second has a…

Started by Tom Braunagel

1 Jun 25, 2013
Reply by Sheila Vardakis

HAFA Guidelines for Real Estate Commissions

I just received approval from Fay Servicing LLC in Chicago for a HAFA short sale in Elk Grove. The negotiator said her servicer never pays…

Started by ElizabethWeintraub00697006LyonRE

3 May 29, 2013
Reply by ElizabethWeintraub00697006LyonRE

Homeowner incentive - Nationstar

Does anyone have a contact name and number for the Treasury Department regarding HAFA?  Nationstar won't tell the homeowner if he is elgiib…

Started by Tony and Robin Pickett

8 May 10, 2013
Reply by Cami Pinsak

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