NEWS

Tue, Jun 29

As GSEs ready for HAFA, Fannie releases new forms

Fannie Mae released updated documents for servicers to use when processing a short sale in the Making Home Affordable Foreclosure Alternatives, or HAFA, program.

 

The GSE HAFA programs begin Aug. 1, but servicers are allowed to use HAFA immediately. The Fannie Mae forms released Monday include the initial solicitation letter, the short sale agreement, the request for approval of short sale, request for approval of short sale without short sale agreement and the HAFA deed-in-lieu of foreclosure form. Freddie Mac has its version of the same forms on its website.

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