Boy, it sure seems like every day there is a new plan out there to help the housing market! The Wall Street Journal reported yesterday on a new plan by the Obama Administration to cut mortgage balances without actually getting the borrowers out of the home. Before we go into analysis, here are the documents [...]
The other day I was on Twitter and just generally asking people what they though of the impending HAFA (Home Affordable Foreclosure Alternatives) program, which is coming down the pike from the Obama administration on April 5th, less than two weeks from today. A lady named Sarah Stelmok, who also happens to run a fantastic [...]
Tagged analysis, commentary, government, HAFA, HAMP, mha, modification, short sale, short sales