An Accountant's Perspective
on the Mortgage Industry

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Features:
Sponsoring Third Party Originators:
Are You Doing What You Should?
How are you managing the risks associated with third party originations?

What Did I Miss At Members’ Day at Fannie Mae?
Members’ Day at Fannie Mae is a joint effort between the MBA of NJ/PA and Fannie Mae. This year the topics on the agenda included (1) Mortgage Fraud in Today’s Markets, (2) Understanding the Uniform Mortgage Data Platform (UMDP), and (3) Our Markets and Our Economy. All three presentations had a common theme of “the past, the present, and the future”.

My Home is in Foreclosure, and I have a $100,000 Capital Gain!?!
Unfortunately, foreclosures are surprisingly common today as an aftermath of the recent housing meltdown, and adding insult to injury for the borrower undergoing the foreclosure, there are often unfavorable tax consequences that result from the process.

Audit Season is Approaching :: Top Ten Checklist: Are You Ready?
As Thanksgiving is over it means one thing — audits for the year ended December 31, 2011 are near! Here are ten items to consider while preparing for this year’s audit.

LinkedIn Poll Question
Participate in our next Linkedin Poll and see the results in our next issue.