-Since the pandemic started, HAF funding has helped more than 300,000 people remain in their homes
-Informing homeowners of the relief continues to be a challenge
-HAF funding has been used to help people with mortgage payments, rental assistance, and utility bills
The Home Affordable Foreclosure Alternatives (HAF) Program was established in 2010 to help struggling homeowners avoid foreclosure. The program provides funding to mortgage servicers and housing counselors to assist eligible homeowners in exploring options to stay in their homes.
Since the pandemic started, HAF funding has helped more than 300,000 people remain in their homes. Informing homeowners of the relief continues to be a challenge. Some homeowners may not be aware that they may be eligible for the program, while others may be reluctant to inquire about relief options out of fear of losing their home.
HAF funding has been used to help people with mortgage payments, rental assistance, and utility bills. The program has been successful in helping people stay in their homes and avoiding foreclosure.
You can read this full article at: https://www.housingwire.com/articles/haf-funds-have-kept-300000-people-in-their-homes-u-s-treasury/(subscription required)
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