Home Affordable Foreclosure Alternatives Program
GPTKB entity
Statements (73)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:program
|
| gptkbp:administered_by |
gptkb:U._S._Department_of_the_Treasury
participating lenders |
| gptkbp:aims_to |
help homeowners avoid foreclosure
|
| gptkbp:eligibility |
income limits
mortgage delinquency status property type restrictions |
| gptkbp:has_impact_on |
housing market stability
|
| https://www.w3.org/2000/01/rdf-schema#label |
Home Affordable Foreclosure Alternatives Program
|
| gptkbp:is_available_in |
all U. S. states
borrowers with Fannie Mae or Freddie Mac loans borrowers with conventional loans homeowners facing financial hardship homeowners with adjustable-rate mortgages |
| gptkbp:is_criticized_for |
bureaucratic delays
limited reach complex application process limited funding availability not reaching all eligible homeowners lack of awareness among homeowners |
| gptkbp:is_designed_to |
primary residences
reduce foreclosures assist distressed homeowners assist in mortgage transitions help families stay in their homes provide alternatives to foreclosure provide relief to struggling homeowners reduce the number of foreclosures |
| gptkbp:is_evaluated_by |
gptkb:U._S._Treasury_Department
effectiveness success rates independent researchers policy analysts impact on families housing policy experts |
| gptkbp:is_funded_by |
federal funds
|
| gptkbp:is_implemented_in |
loan servicers
|
| gptkbp:is_linked_to |
financial assistance programs
housing market recovery efforts homeownership preservation efforts |
| gptkbp:is_monitored_by |
government agencies
|
| gptkbp:is_part_of |
financial crisis response
economic recovery efforts post-2008 financial crisis reforms federal housing policy national housing strategy homeownership assistance programs U. S. government housing policy federal economic stimulus efforts |
| gptkbp:is_promoted_by |
real estate professionals
government websites housing counselors |
| gptkbp:is_promoted_through |
social media campaigns
public awareness campaigns financial literacy programs |
| gptkbp:is_related_to |
mortgage modification programs
|
| gptkbp:is_subject_to |
regulatory oversight
|
| gptkbp:is_supported_by |
local governments
non-profit organizations community organizations state housing finance agencies federal housing agencies |
| gptkbp:launched_in |
gptkb:2009
|
| gptkbp:offers |
short sales
deed-in-lieu of foreclosure |
| gptkbp:part_of |
gptkb:Making_Home_Affordable_initiative
|
| gptkbp:provides |
gptkb:financial_assistance
counseling services options for transitioning to rental housing |
| gptkbp:requires |
participation of mortgage servicers
|
| gptkbp:targets |
underwater homeowners
|
| gptkbp:bfsParent |
gptkb:Making_Home_Affordable_initiative
|
| gptkbp:bfsLayer |
6
|