According to CNN Money, The new Home Affordable Foreclosure Alternatives program provides for borrowers to earn a $3,000.00 " relocation incentive" and servicers will get $1,500.00 for handling a short sale.

Investors who own the mortgage note will get $2,000.00 in exchange for sharing proceeds of the short sale with second lien holders. Second lien holders will then receive $6,000.00 for releasing their claims.

This should all help to reduce the time it takes to execute a sale which is currently averaging 88 days.