Here is some more information about this program and the potential benefits and pitfalls of this new HAFA program set to roll out in April. HAFA intends to help the homeowners that HAMP could not. Basically, if you did not qualify for assistance under HAMP, you may now use HAFA to attempt to avoid foreclosure.
Read more here: HAFA Under HAMP – The Obama Administration’s New Plan to Help the 93% That HAMP Ignored
