Michael Schneider's Blog – June 2010 Archive (1)

Fannie HAFA: Foreclosure Alternative or Foreclosure Inducement?

Colleagues,

I read through the Fannie/Freddie HAFA programs released yesterday afternoon.

Overall, on first (and quick) read, the program reads like it was designed by analysts without a deep understanding of the issues and realities of the short sale process.

A program designed in the clouds for implementation here on planet Earth.

It may have the effect of reducing the return for transacting a short sale property, and therefore…

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Added by Michael Schneider on June 2, 2010 at 3:22am — 1 Comment

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Michael Schneider's Blog – June 2010 Archive (1)

Fannie HAFA: Foreclosure Alternative or Foreclosure Inducement?

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