Search San Diego County Foreclosures & Short Sales Implemented in February 2009 HAMP has only helped 933,000 homeowners nationwide reported by the Departments of Treasury and Housing and Urban Development. Housing and Urban Development Secretary Shaun Donovan, Assistant Treasury Secretary Tim Massad, and White House National Economic Council Director Gene Sperling recently held a press… Read More
HAMP Principal Reduction Home Affordable Modification Program
December 14, 2011 By Leave a Comment
The Treasury Department released data indicating that as of October, participating servicers of HAFA Home Affordable Foreclosure Alternatives program, have completed approximately 20,700 short sales and deeds in lieu. Less than 600 of the 20,700 were deeds-in-lieu. The PRA or Principal Reduction Alternative program started in October 2010 for mortgages not guaranteed by Fannie Mae… Read More
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