National Quick Sale Starts SAFE Program

Published July 21, 2009, 1:00 p.m. EDT

1 Min Read

National Quick Sale, Jacksonville, Fla., is offering a new program to defaulting borrowers called "Short Sale Alternative to Foreclosure and Eviction." The company says the SAFE program supports the Obama administration's Home Affordable Modification Program and provides an alternative for the significant numbers of borrowers who do not qualify for a loan modification. Under the SAFE effort, the HAMP declination letter informs the borrower that their loan cannot be modified and lets them know of possible alternate solutions to undergoing a short sale. The SAFE notification directs borrowers to National Quick Sale's website or to its call center for assistance in getting their home listed, marketed and sold before the foreclosure process finalizes.

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