Monday, January 10, 2011

Short-sale incentives revamped again | Inman News

Short-sale incentives revamped again | Inman News

A new directive from the Treasury Department, which administers the Home Affordable Foreclosure Alternatives Program (HAFA), lifts a cap that had restricted loan servicers to paying second-lien holders no more than 6 percent of outstanding loan balance in exchange for releasing subordinate liens.

See the entire article at Inman News

No comments: