Tag: Loan Modification Truth

JPMorgan Chase Has Completed the Most HAFA Deals

Posted by http://www.floridashortsales.info - July 6, 2011 - News

Since the launch of the Home Affordable Foreclosure Alternatives (HAFA) program in April 2010, JPMorgan Chase has completed more short sales and deeds-in-lieu of foreclosure through HAFA than any other mortgage servicer. That being said, there's stil

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  3. Less than 13,000 HAFA Transactions Started Since Program Inception

Some 5,000 HAMP Modifications Include Principal Reductions

Posted by admin - July 5, 2011 - News

The Treasury Dept.'s latest data on the Home Affordable Modification Program (HAMP) now includes data on those modifications with principal reductions. Known as Principal Reduction Alternative (PRA), mortgage servicers have cut the principal on nearl

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