Short Sales…A Breeding Ground for Fraud?

By: Carrie Bay With defaults continuing to mount and declining property values still widespread, the industry is seeing an increase in short sales. Such transactions are expected to burgeon even further now that the federal government has implemented its Home Affordable Foreclosure Alternatives (HAFA) program. Under HAFA, servicers participating in the administration’s foreclosure prevention effort … Continue reading Short Sales…A Breeding Ground for Fraud?