The lenders are not agreeing to the terms of the HAFA. Also even if a borrower is able to obtain a short sale there is no guarantee that a new lender will extend a new mortgage to them right now anyway. The lenders have their own guidelines and can add to the suggested guidelines. Also, many homeowners are in denial and waiting until all their reserves are spent before seeking any kind of real help. The other problem is that there is no one available who will have an "exploratory" conversation with a home owner. Every professional out there offers 1 or 2 options and this directs the homeowner into those 1 or 2 options. Who is going to qualify for HAFA and how efficient are the banks going to be in moving these short sales when their are huge second liens on the properties?