Home Affordable Foreclosure Alternatives (HAFA)

Designed to help qualified homeowners transition to more affordable housing by streamlining the Short Sale and Deed-in-Lieu options as well as providing $3,000 in relocation assistance;

- Must not have qualified for a mortgage modification through any of the Making Home   Affordable Programs
- Or must have failed to successfully complete the trial period of a previous loan modification
- Or must have missed at least two consecutive payments once in a permanent modification
- Or must have requested a short sale or deed-in-lieu of foreclosure