You gotta be kidding me. The IRS is playing Big Brother on people like this guy? If the IRS wants to nail someone, they should start looking into the taxes of every entity involved with foreclosures.
I have seen proofs of claim submitted which exceed the debt by six figures, and I am not kidding. It wasn't interest, either - it was principle. And, servicers / master servicers make payments on notes pursuant to their voluntary guarantee ( and sometimes they're additionally reimbursed by FNMA for these 'advances'), yet they submit claims which include amounts knocked off the debt which they have made themselves. Grrr.
I share your horror. I got 10 bucks to 1) help pay for this guy's appeal or 2) contribute to going after anyone who participated in his alleged liar loan, like the stinking loan broker.
Yeah, maybe that's what we should do: start an escrow fund for an "A List" attorney to go after some of these rat-b's.
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