New Obama Short Sales Rules Go Into Effect Today - April 5

The plan, part of the federal government's Making Home Affordable programs and acronymed HAFA (Home Affordable Foreclosure Alternatives), gives incentives to banks as well as owners to sell the house for less than the mortgage amount.  It was announced in early March, but as CNBC's Diana Olick reports, last week the incentives were increased, before the plan even began.