HAMP Program Underway Soon

On November 30, 2009 the US Treasury Department released its guidelines for the Home Affordability Foreclosure Alternatives — Short Sale and Deed-in-Lieu of Foreclosure.  The new procedures start in April 2010.

These guidlines completely revamp the way short sales will be processed.  Whether you’re an agent, short sale processor, or real estate investor that purchases short sales, this directive is a must read.   If you have comments about the directive please leave them in the IA Forum