Hi Everyone,
Here are the links we discussed in class:
Here’s more info on the Foreclosure Fairness Act.
Here’s more on the HAFA program.
Here’s the story from the NY Times “In Prison for Taking a Liar Loan.”
IRS Rule on debt forgiveness tax provisions is called the Mortgage Forgiveness Debt Relief Act.
Special thanks to Jim Siwek with the Seattle HUD Office of the Inspector General’s office!
Update:
David from CBBain sent over the link on the attorney from Long Island and how NOT disclosing all offers to the bank may be considered short sale fraud. Here’s the article. Thanks, David!