04/13/2020

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HAMP Loan Modification Home affordable foreclosure alternative, home affordable modification plan, the home affordable foreclosure alternative program the home affordable foreclosure alternative (HAFA) is one of the viable options which could be used by homeowners who have been approved for a HAMP loan modification but are finding it difficult to stay current on their modified monthly mortgage payments. Typically, the HAFA is designed to assist homeowners facilitate a short sale of their homes successfully in case they are delinquent in paying their monthly mortgage installments under the HAMP. The home affordable foreclosure alternative (HAFA) is one of the viable options which could be used by homeowners who have been approved for a HAMP loan modification but are finding it difficult to stay current on their modified monthly mortgage payments. Typically, the HAFA is designed to assist homeowners facilitate a short sale of their homes successfully in case they are delinquent in paying their monthly mortgage installments under the home affordable modification plan. The federal program HAFA is administrated by the Treasury Department and is in effect ever since 5th April, 2009. Nevertheless, the HAFA provides struggling homeowners with a unique opportunity to save their homes even if they are at risk to losing it to their creditors despite having qualified for the home affordable modification plan. Here is some crucial information on HAFA provisions which could guide you in your endeavor to save your home. The below mentioned...