- Countrywide has been accused by federal authorities of collecting excessive fees from mortgage borrowers. On June 7, the AP reported that Bank of America, which bought out Countrywide, has reached a $108 million settlement to compensate the borrowers.
- According to the AJC on Monday, “DeKalb County wants taxpayers to foot the bill to redevelop the sprawling GM plant in Doraville, a $36-million proposition.”
- The Hill says that Congress is considering the elimination of the tax deduction for mortgage interest (h/t TaxProf Blog).
- Zillow warns of “flopping”—an emerging form of short sale fraud.
As a service from City Hall to Decatur’s taxpayers, Decatur Tax Blog provides fresh, non-partisan content about national & local tax and housing developments, timely reminders about tax deadlines for residents, special announcements, and educational posts about your tax bill.
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