Short Sales * US Treasury Escalation

You may not be aware of the role the US Treasury has played in the housing market over the last few years, but it has had a huge role in getting us on the road to recovery. They are the ones responsible for the government-backed Making Home Affordable(MHA) program which created uniform guidelines for loan modifications, HAFA short sales, and foreclosure prevention . The MHA program has helped thousands of homeowners across the country avoid foreclosure by offering numerous loan modification options or options like a short sale.

I recently had a dream come true and was invited to the US Treasury to get an exclusive interview with Laurie Maggiano, Director of Policy for this office at the US Treasury, where she gave us an exclusive in-depth interview on everything from MHA to HAFA short sales. There is no one single person who has been as influential in this area as Laurie who also has a background as a real estate broker and has worked for FHA and in many other housing related positions.