Home Affordable Foreclosure Alternatives Program
$13.6 million Coming to Boston in Foreclosure Aid
Boston will get $13.6 million in the second round of Neighborhood Stabilization Program funding to assist the city’s foreclosure prevention and reclamation efforts.
The grant will allow the Department of Neighborhood Development to support redevelopment of up to 275 foreclosed homes in Dorchester, East Boston, Roxbury, Hyde Park and Mattapan.
Buyers of foreclosed properties in those neighborhoods [...]
Comments on the Home Affordable Foreclosure Alternatives Program | Short Sales in Boston
Attorney Richard D. Vetstein commented on the Home Affordable Foreclosure Alternatives Program.
The Obama administration on Monday set long-awaited guidance on a plan for mortgage companies to speed up short sales of homes and other loan modification alternatives to stem the rising tide of foreclosures. The Home Affordable Foreclosure Alternatives Program provides financial incentives and simplifies [...]