The Government's New HAFA Initiative

With 25% of Americans currently underwater on their mortgages, the new HAFA guidelines put forth by the Obama administration seem like a good way to stop the bleeding. Does anyone think this initiative can really work? I'd love to hear everyone's opinoins!

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Comment by David Dee on February 11, 2010 at 6:36pm: Ditto to Kent's comment. Some of these new regulations sound great on paper but whether it's implemented is something to be seen.

Comment by Kent Dills on February 3, 2010 at 4:30am: Stephanie, From what I've read and heard, the HAFA guidelines sound like they are well-intentioned; but, my relatives came for the "show me" state of Missouri - and I'm a bit of a pragmatist myself - so....I'll believe it when I see it!

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