Is 2010 really shaping up to be the year of the short sale? In October 2009, HousingWire broke the story of the new Home Affordable Foreclosure Alternatives (HAFA) program. In the months after, many in the industry believed that with the government providing cash to streamline the short sale process, a solution to foreclosure had been found, and that short sales would overtake REO in the biggest markets. But has it? TO READ THE FULL STORY, SUBSCRIBE NOW.
Jacob Gaffney is formerly Editor-in-Chief of HousingWire and HousingWire.com. He previously covered securitization for Reuters and Source Media in London before returning to the United States in 2009. While in Europe for nearly a decade, he covered bank loans and the high yield market, in addition to commercial paper, student loan, auto and credit card space(s).see full bio
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Jacob Gaffney is formerly Editor-in-Chief of HousingWire and HousingWire.com. He previously covered securitization for Reuters and Source Media in London before returning to the United States in 2009. While in Europe for nearly a decade, he covered bank loans and the high yield market, in addition to commercial paper, student loan, auto and credit card space(s).see full bio