hafa hafa

Introduction

  • First Introduced: November 30, 2009
  • Active On: April 5, 2010
  • Overseen By: US Treasury Department
  • Administered By: Fannie Mae
  • Regulated By: Freddie Mac
  • Executed By: Participating lending institutions via Fannie Mae
  • Participating Program(s): Home Affordable Modification Program (HAMP)
  • Focus:
    Aids eligible homeowners by pre-approving short sales before listing
    and releasing them from future liability for the first mortgage debt.
  • Expiration: December 31, 20121

Last updated: 5 April 2010

Sources:

  1. Making Home Affordable. Supplemental Directive 09-09 Revised "Background" p. 1-2 (2010): https://www.hmpadmin.com/portal/docs/hafa/sd0909r.pdf
    • Updated: March 31, 2010