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Loan Modification

: Loan Modification & Home Loan News

Will short sale program hurt home values?

By Moe Bedard

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A new federal push to mop up bad loans aims to throw a life vest to underwater homeowners by using short sales. But critics say the plan is limited in scope and will force banks to take losses, denting their earnings. The new effort, Home Affordable Foreclosure Alternatives, or HAFA, starts April 5 and directs banks to [...]

Full post as published by Loan Modification & Home Loan News on April 01, 2010 (boomark / email).

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