More on Short Sales

To avoid foreclosures resulting from recent economic crises, the Obama Administration developed the Making Home Affordable (MHA) Program to “stabilize the US housing market and offer assistance to up to 7 to 9 million homeowners by reducing mortgage payments to affordable levels and preventing avoidable foreclosures”… read more about it here:

http://www.treas.gov/press/releases/docs/05142009FactSheet-MakingHomesAffordable.pdf

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