Hi Everyone,
Here are links to some of the things we covered today.
There was a request to link to the free, HUD Approved Housing Counseling Agencies in WA State and the link with more info for ppl who might qualify for free legal aid.
Here’s a link to a blog post I wrote about the two new forms from DFI and DOL, the Short Sale Seller Advisory and the Short Sale Guidelines for Licensees.
Here’s the FTC MARS Ruling on short sale negotiators and upfront fees….and the recent exemption of real estate licensees….but remember, WA State has tougher guidelines (see number 4) than Federal Law on who can/cannot collect upfront fees for negotiating loan mods or short sales.
Here’s the IRS website on the Mortgage Forgiveness Debt Relief Act. This page speaks to tax-related questions.
Here’s the WA State Foreclosure Fairness Act and here’s the new WA State Foreclosure Resource Guide This is a VERY GOOD PDF for distressed homeowners
Here’s a link to the Freddie Mac page on their website describing Short Sale Fraud
And here’s a recent blog post I wrote about a scam program called Assignment of Mortgage Payment Systems….as well as the Predatory Mortgage Litigation scams.
Here’s the press release on the sentencing of Melody Redondo.
Here’s our new federal regulator, the Consumer Financial Protection Bureau.
Here’s how to check to see if a loan originator is licensed.
Here’s more info on the Home Affordable Foreclosure Alternative (HAFA)
And there was a request for more reading material on REO type of fraud. Here are links to several news stories to add on to the stories shared with us by our guest speakers from the HUD OIG office.
Here’s the info on the Equator Training class coming up next week.
Fraud Alleged in REOs
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Mortgage Broker Convicted of REO Fraud
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How NOT to flip an REO
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