Hennepin County Taxpayer Services, in partnership with Minnesota Home Ownership Center and Hennepin County Public Affairs Dept. , is offering a web-based, mortgage foreclosure Video Workshop. The web-based video gives residents 24/7 access to the same foreclosure information offered at workshops at Hennepin county libraries. The workshop helps homeowners worried [...]
Fidelity National Financial, Inc. (FNF) gives us a clear picture into what is happening with all Title Insurance Underwriters. Cutting staff, closing offices, pay reductions for remaining staff, decreases in dividends to shareholders have all taken place. The future brings increased charges for title insurance for the consumer, a change in premiums splits between title underwriter and agents and increased reserves due to higher [...]
Beware, title insurers, the FDIC has put out an alert to those that handle large sums of money by wire transfer, such as title insurers. The alert says that FDIC has received numerous reports of a fraudulent e-mail that have the appearance of being sent from the [...]
“…In other words, debt forgiveness (short sale, deed-in-lieu, permanent loan
modification, etc) still counts as income and lenders are required to issue
Form 1099-C to the homeowner whose debt was forgiven. It is then the
taxpayer’s burden to tell the IRS that they qualify for an exception to paying
tax on this income. To do so, they need to fill out a special form (Form [...]
As Americans, we are always trying to fix everything. Instead of doing something right the first time, we think we can just fix a terrible job. Every time there’s a problem- be it legal, technological, economic or moral, we just want a quick fix.
Even when we clearly see serious problems with what is happening around us -things like insider [...]
I have seen this short World Class video before, but am always amazed. It shows the tremendous need for education, particularly in a world where the U.S. is struggling to make ends meet, let alone compete across the globe. It is critical that we prepare ourselves and our families for our future with education and learning.
We must learn [...]