To the Students from the May 6, 2011 Short Sale Fraud Class in Sun Valley

Here are the links we talked about in class. 

Here’s a story from the morning news on Fannie and Freddie and how they !surprise! made a profit last quarter.

Here’s the FTC MARS Ruling on short sale negotiators and upfront fees.

Here’s the IRS website on the Mortgage Forgiveness Debt Relief Act. This page speaks to tax-related questions.

Here’s how to check if a loan originator (or third party short sale negotiator/loan mod provider) holds an active LO license.

Here’s more info on the new scam: Predatory mortgage litigation services.

Here’s the website where you can check on FHA default rates by state, county or by lender name. (click on “early warnings”)

Here’s the recent article on strategic defaulters and credit scores.

Here’s a link to the Freddie Mac page on their website describing Short Sale Fraud

Here’s a great book that would make a good mothers day/fathers day gift!

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Okay, I have pulled some interesting info on mortgage fraud in Idaho for you.

This is the State of Idaho Attorney General’s Report on the state’s foreclosure crisis from Feb 2011 in which he says mostly nothing that hasn’t been said before.

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Here’s a link to the mortgage fraud blog with a search done using the keyword “Idaho.”