Fannie/Freddi HAFA Program coming June 1, 2010- or so they say!
I was told FANNIE and FREDDIE will more than likely have their HAFA type short sale program up and running  June 1, 2010, 5 months earlier than mandated.  This is great news!  Contact me if you need help HAFA or short sale help!
What is HAFA?

Home Affordable Foreclosure Alternatives (HAFA)
I provide FREE one-on-one services to homeowners facing foreclosure or hardship.  My purpose is to provide hope, relief and answers to homeowners and to make a difference, one family at a time!

The HAFA program provides several options to homeowners who are mortgage delinquent or default is reasonable foreseeable. The program starts on April 5, 2010 ans is available until December 31, 2012. 

The enhancements to the short sale program include a streamlined and shorter time period for short sale approval. The guidelines do not allow ANY contributions by the seller, will give the seller $3,000 at the close of escrow (amount seller receives has been updated since video was made) and if a first and or second lien holder are paid the servicer is not allowed to pursue the owner legally for the difference.
For a more detailed description of the HAFA guidelines call me today and see if you qualify for the HAFA program.