Home Affordable Foreclosure Alternatives - Jean Chatzky - Making money make sense
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Home Affordable Foreclosure Alternatives

You’ve heard me talk a lot about HAMP — the Home Affordable Modification Program launched by the Obama Administration. Now, however, they’ve added a new facet of the plan that you should know about — Home Affordable Foreclosure Alternatives, or HAFA, which begins on April 5. If you’re underwater on your mortgage, this program is designed to help you. How does it work? Well, yesterday on the Today show, I talked a little bit about HAFA, and what it means for you. Watch the video below for some answers!

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