April 30th is the deadline when buyers must be under contract to qualify.

See http://www.irs.gov/newsroom/article/0,,id=215791,00.html
for more information from the IRS.

If you are near contract, enter it quickly, $8,000 or $6,500 are a lot to loose for tardiness.

On April 21, 2010, the United States Supreme Court ruled that an attorney for the lender in a mortgage foreclosure action can violate the Fair Debt Collection Practices Act (FDCPA") regardless of the exception for an unintentional and bona fide error under Section 1692k(c)because a lawyer is supposed to know the law and therefore an error cannot be unintentional.

This should keep foreclosing lenders in check because they often are overwhelmed and unsure of the facts and law in front of them at foreclosure settlement conferences and in HAMP applications.

It seems that our society is really moving to a pro-borrower stance.

We will be teaching on Thursday from 5:30pm to 8:30pm at Bethpage Federal Credit Union (BFCU), which is located at 899 S. Oyster Bay Rd, Bethpage, NY 11714.

Summary: This seminar is very similar to the course that Mr. Lieb taught to the Suffolk County Bar Association as a Faculty Member of the Suffolk Academy of Law. Beginning with basic definitions, this course quickly jumps into providing the requisite skills to draft a Hardship Letter, negotiate with a Loss Mitigation Department, navigate The Mortgage Forgiveness Debt Relief Act of 2007, and much more. This course will get you ready to make money in this difficult economy.

To register, go to www.liebatlaw.com