After months of waiting. Fannie Mae announced today their own version of the HAFA program that was intituted April 5, 2010.

* When: August 1, 2010
* Who: All conventional loans held in Fannie Mae’s portfolio are eligible
* Servicers get $2,200 for Short Sales and $1,200 for DIL
* Homewoners get $3,000 to assist in moving
* Valid August 1 2010 – December 31, 2010