Short Sale Experts Explain New HAFA Guidelines in Complimentary Seminars

Jan. 8, 2010 - PRLog -- Loan Resolution Corporation Offers Complimentary HAFA Seminars
Short Sale Experts Explain New Guidelines in Simple Terms


Scottsdale, Ariz.-Loan Resolution Corporation today announced the availability of complimentary seminars to explain the new Home Affordable Foreclosure Alternatives (HAFA). HAFA provides financial incentives to servicers and borrowers who utilize a short sale or deed-in-lieu to avoid foreclosure. Loan Resolution Corporation’s executive team has prepared the two-hour interactive seminar to break down the forty-three-page document for servicers.

The powerful seminar—“How Servicers Can Generate Substantial Revenue and Keep Costs Low”—has been designed with executives in mind.

“The forty-three-page document has a lot of intricacies,” said Travis Hamel Olsen, chief operating officer of Loan Resolution Corporation. “Our seminar explains HAFA in clear, easy-to-understand terms, and will expedite the implementation process for servicers.”

The HAFA program is designed to streamline the short sales and deed-in-lieu processes, but many have complained it is longwinded and baffling. As the leading experts in distressed property sales, Olsen and his partners have been quoted in the New York Times, the Wall Street Journal, BusinessWeek and Forbes Magazine.

Loan Resolution Corporation, the nation's leading Pre-foreclosure Asset Manager, is also willing to take the show on the road.

“Since 2010 is the Year of the Short Sale, servicers need to know about the new programs, but they don't always have the time to decipher the Treasury’s plan,” added Olsen. “We’ll come right to their office to explain it.”

Scottsdale-based Loan Resolution Corporation, one of the fastest growing companies in Arizona, is the leading short sale vendor in the nation. For more information, visit www.LoanResolution.com. To schedule an on-site seminar, call (480) 455-3506.



For additional information about Loan Resolution Corporation, please visit: www.LoanResolution.com or call (480) 455-3506.

Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including change in economic conditions of the various markets the Company serves.


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Short Sale Experts Explain New HAFA Guidelines in Complimentary Seminars

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About Loan Resolution Corporation:

Founded in 2005, Scottsdale-based Loan Resolution Corporation is the nation’s leading national Pre-foreclosure Asset Manager. The company partners with mortgage servicers to provide cutting-edge, scalable solutions that reduce the cost of loss mitigation departments and increase resolutions. LRC offers a variety of default services, with short sales being its core competency. LRC pioneered the proactive End-to-End Short Sale Process by being the first service provider to implement such services, while also offering Component Short Sale Processing.