FNMA Home Affordable Foreclosure Alternatives (HAFA) program is now available.

Borrower and Servicer materials for HAFA program

The Making Home Affordable Program announced on March 4 , 2009  includes Fannie Mae Affordable Refinance options and the Home Affordable Modification Program. The information can be obtained at www.efanniemae.com/sf/mha/index.jsp or www.MakingHomeAffordable.gov.

Fannie Mae-owned properties offer great affordable housing opportunities, with up to 97% financing for select properties through HomePath® financing options. Visit www.HomePath.com or Learn about HomePath Financing.

The Fannie Mae Loan Lookup helps borrowers determine whether Fannie Mae is the investor on their mortgage. Visit Fannie Mae Loan Lookup and Borrower FAQs.

This website provides an overview of the U.S. Treasury Department's Financial Stability Plan, including press announcements on the second lien program and foreclosure alternatives for short sales. Visit www.financialstability.gov.

On April 28,  2009, the U.S. Treasury Department announced a Second Lien Program so that when a Home Affordable Modification is initiated on a first lien, servicers participating in the Second Lien Program will automatically reduce payments on the associated second lien according to a pre-set protocol. 

On May 14,  2009, the U.S. Treasury Department announced new details on Foreclosure Alternatives and Home Price Decline Payments. The Foreclosure Alternatives are meant to prevent costly foreclosures by providing incentives for servicers and borrowers to pursue short sales and deeds-in-lieu of foreclosure in cases where a borrower is eligible for a MHA modification, but unable to complete the modification process. Visit http://www.makinghomeaffordable.gov/programs/exit-gracefully/Pages/hafa.aspx.