HAFA the Home Affordable Foreclosure Alternatives Program is a government sponsored initiative to aid eligible homeowners by pre-approving short sales before listing and releasing them from future liability of mortgage debt. HAFA was introduced to simplify and streamline the short sale process. HAFA accomplishes this by utilizing standardized forms and by setting forth strict timeframes that both the servicer and borrower must adhere to. click link below for full details. http://www.cdpe.com/files/advanced/1004-1-HAFA/HAFA_Resource_Package.pdf

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