Real Estate

Treasury and NAR collaborate to push short sales

In collaboration with the U.S. Department of Treasury, the National Association of Realtors launched a nationwide outreach program intended to help struggling borrowers short sell their homes.

Real estate agents who attend upcoming Making Home Affordable “Help for Homeowners” outreach events sponsored by the Treasury Department will learn insights to help them navigate the short sale process and have the opportunity to meet directly with loan servicers on their clients’ behalf for assistance with difficult transactions, NAR said.

Agents will also hear from Treasury officials about various foreclosure prevention programs, and specifically the Home Affordable Foreclosure Alternatives short sale program.

Live webinars from the workshop will be available to real estate professionals who can’t attend in person.

The program began Wednesday in Miami, will continue on Friday in Tampa, Fla. Other events are scheduled in Chicago, Los Angeles, Indianapolis and Sacramento.

— Paul Dang

 

 

 

 

 

 

 

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