Treasury offers guidelines to speed "short sales" of homes

12/1/2009 | Wall Street Journal, The · Reuters

The Treasury outlined guidelines for mortgage companies to make it easier for struggling homeowners to sell their houses. The guidelines were developed to encourage "short sales" of homes. The Obama administration's Home Affordable Foreclosure Alternatives Program also streamlines the process for voluntary transfers of property ownership through a "deed in lieu of foreclosure."

View Full Article in:

Wall Street Journal, The · Reuters

Published in Brief: