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.

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Former Fannie Mae employee gets 6 years in prison for making $1 million on shady foreclosure sales

A former Fannie Mae employee will spend more than the next six years in prison after being found guilty of accepting more than a million dollars in bribes and kickbacks in exchange for selling Fannie Mae-owned foreclosures for less than market value.

Jan 15, 2020 By
3d rendering of a row of luxury townhouses along a street

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