Is HAFA a Ploy on a Distressed America?

This part of the process is passed over like the air conditioning feature in the new Ford Fiesta at the Vegas dealerships hot August clearance sale. HAFA may require that the homeowner continues to pay up to 31% of their gross income to their senior lien holder. (Junior lien holders excluded). This means that once the distressed borrower applies and is awarded, they may have to resume payments on their mortgage.

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