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Loan Modification

: Loan Modification & Home Loan News

Federal housing program complicates short sales

By Moe Bedard

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A recently implemented federal housing-market stimulus program designed to encourage short sales appears to be doing just the opposite, according to Phoenix-area real-estate agents, title companies and mortgage lenders. Home Affordable Foreclosure Alternatives, the fourth initiative to be launched under the banner of the Obama administration’s Making Home Affordable program, offers a cash incentive of up [...]

Full post as published by Loan Modification & Home Loan News on July 15, 2010 (boomark / email).

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