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Loan Modification

: Mortgage Lender Implode-o-Meter

IRS clarifies documentation needed for tax credits

By Implode-Explode Heavy Industries

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"Despite back-to-back snowstorms that shut federal offices for days, the Internal Revenue Service issued new guidance last week on the two tax-credit programs that are powering the country's real estate markets -- the $6,500 credit for repeat buyers and the $8,000 first-time-buyer credit."

Full post as published by Mortgage Lender Implode-o-Meter on February 21, 2010 (boomark / email).

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Lawsuits and Settlements

Wesley A. Snyder et al.
alleging the consultants perpetrated a Ponzi scheme by encouraging borrowers to lend more than they needed.

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