Moody’s will pay hundreds of millions to settle allegations that it habitually inflated ratings of shoddy mortgage-backed securities during the run-up to the financial crisis
Wells Fargo’s fake accounts scandal is putting a damper on its mortgage referral business, according to CEO Tim Sloan
The income tax consequences of foreclosure and short sales have been the subject of much interest due to the mortgage crisis. This article will provide an overview of the major Federal income tax issues. However, it is not intended to provide advice on specific situations. Rather it will help real estate and mortgage advisors become more valuable assets to their clients by better understanding when to refer borrowers for professional assistance.