The California Association of Realtors, whose members are frustrated by the dearth of short sales, has created a task force to examine the shortcomings of the government's Home Affordable Foreclosure Alternatives (HAFA) program.

The task force will investigate why there are three different versions of HAFA and why fewer than 400 successful HAFA transactions had been completed nationwide through the end of September. But the trade group has already identified one culprit: servicers.

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