Exciting news regarding HAFA Requirments! Just last week the Treasury made some big changes:
HAFA no longer requires that servicers verify the borrowers finances HAFA no longer requires servicers to determine if the borrowers monthly payment is higher than a 31 percent debt-to-income ratio. HAFA no longer requires second-lien holders to agree to accept . . . → Read More: Treasury Makes Big Changes to HAFA – Are you now eligible?