Will Government Insured Foreclosure Result In No Tax Refund?
For home owners with government insured home loans the question of foreclosure and resulting obligations to the US Government is anything but simple. The Federal Government needs money.
For home owners with government insured home loans the question of foreclosure and resulting obligations to the US Government is anything but simple. The Federal Government needs money.
Home owners who pay their mortgages to Saxon Mortgage Services, Inc., received some help today in determining which bank actually holds their mortgage. Saxon Mortgage only acts as the mortgage servicer.
With banks showing huge profits for the quarter ending September 2009, Refile News revisits the subprime arena. Will Alt-A mortgages fail at the same rate? Are subprime foreclosures slowing down, only to be replaced by commercial property foreclosures? Some analysts think that might be the case.
This is the layoff and unemployment news report for mid-January through mid-February. We receive input from over 100 sources and call it like we see it. Don’t be confused by conflicting news reports and government statistics. This is what is really happening in America, at the worker’s level.
This is the Refile News job loss and layoff roundup for mid-January 2010. This report was written on January 18th, and compiled from over 100 sources. This report does not include city, county, and state government layoffs unless there was a significant event.
As December 2009 comes to a close we saw no mass layoffs of 50 or more from the same location. For three days our research input reflected only city, county, and state layoffs only. Refile News saw this as a positive sign that layoffs were slowing down but the economy [...]