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By Art Lee
WHB Solutions, Certified Distressed Property Expert & Short Sales Education
Many people do not understand what it takes to get qualified for a loan modification. The general rule of getting approved is that you must be able to afford it! What this means is that you should be able to show income and assets [...]
Posts Tagged ‘avoiding foreclosure’
How to get a Loan Modification Approved
February 11th, 2010 No Comments
Participating HAFA Lenders
February 9th, 2010 2 Comments
On November 30, 2009, the Treasury Department released guidelines and forms for its new Home Affordable Foreclosure Alternatives Program (HAFA). HAFA is part of the Home Affordable Modification Program (HAMP). HAFA provides incentives in connection with a short sale or a deed-in-lieu of foreclosure (DIL) used to avoid foreclosure on a loan eligible for modification [...]
Posted in Featured, News 
Tags: avoiding foreclosure, foreclosure, foreclosure alternatives, HAFA lenders, loan modification