I believe my WF loan has been written off and paid by its insurer FHA - how do I find out?
I have three loan histories all state something of the sort and now have ordered a new one. They quit reporting on my credit report as well and have now filed a foreclosure at the last legs if the short sale.
- AnonymousLv 77 years agoBest Answer
You call them and ask them.
Or, you can wait for the tax form to be sent in the mail. When debt is 'written off', that amount counts as taxable income to you - and the IRS will be looking for you to pay income tax on it.