Short Sale Fraud Fears Grow as HAFA Gets Set to Pop

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Short sales are supposed to be transparent transactions, but some short sale banks encourage the sellers to commit mortgage fraud.They do it openly because the banks don’t seem to care, or perhaps they believe they are above the law. The short sale banks committing mortgage fraud are generally the junior or second lenders.

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Short Sale Fraud Fears Grow as HAFA Gets Set to Pop HAFA and HAMP (edit/delete). The Treasury Department is now offering a new program supporting the banks on doing short sales with the home affordable foreclosure alternatives Program (HAFA).This is the latest program under the Home Affordable Modification Program (HAMP), designed to offer.

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A storm is brewing between appraisers and broker price opinion (BPO) professionals vying for valuation work for short sales conducted through the making home affordable foreclosure Alternatives (HAFA) program.. Short Sale Fraud Fears Grow as HAFA Gets Set to Pop.

A LOOMING DOUBLE BUBBLE – PART 3. Posted by Dwight Mathews on March 16, 2010.. short sale Fraud Fears Grow as HAFA Gets Set to Pop (housingwire.com) Share this: Share Like this: Like. A LOOMING DOUBLE BUBBLE-PART 2.

Short Sale Fraud Fears Grow as HAFA Gets Set to pop jane contents percent. las vegas posted 2008. short sale fraud Sale fraud?? theagentmagnet sales. real estate short Federal investigation agency (fia).

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How to deal with short sale fraud? Report it? Walk away? Asked by Eager Home Buyer, Palm Beach County, FL Mon Dec 13, 2010. Recently, my wife and I found an amazing house that was listed as a short sale under contingency. The price seemed too good to be true, but we decided to investigate the property anyway.