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Fresh Start Housing Program is a HAFA Non-Profit Initiative, (SD)11-02, issued on March 30,2011, amended the requirement that a short sale be on an "arm's length "basis,by permitting servicers the discretion to approve sales to non-profit organizations with the stated purpose that the property will be rented or resold to the borrower,as long as the other requirements of the HAFA are met.
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