Fannie & Freddie Adopt HAFA Short Sales Guidelines

June 3, 2010 by Gabrielle · Leave a Comment 

Fannie Mae and Freddie Mac are now allowing struggling homeowners with loans backed by the government-sponsored enterprises, or GSEs, to sell their properties through a Short Sale or deed-in-lieu of foreclosure if they can’t get a loan modification, officials announced this week. GSE loans were excluded from the Treasury’s Home Affordable Foreclosure Alternatives (HAFA) program’s [...]