Week brings startup launches, social media advice for 2013

Jared Kleinert, a South Florida entrepreneur, plans to soon launch Synergist, a platform that allow social entrepreneurs to meet potential co-founders online, collaborate and crowdfund their new projects. He also just launched AliveNDead, a blog about risk-taking, and he interns for a Silicon Valley startup.

And when he’s not doing all that, he’s going to class — he’s a junior at Spanish River High School in Boca Raton.

Lester Mapp is CEO and founder of the new Miami-based startup called designed by m. His team has just designed a sleek, ultra-thin aluminum iPhone bumper and launched the project on Kickstarter. After just a few days, Mapp is already more than a third of the way to his $20,000 fund-raising goal.

Read about both these entrepreneurs on The Starting Gate blog, where there’s also a post on the most pressing issues facing small businesses in the coming year — taxes, healthcare, lending and a skilled worker shortage, for starters.

And as you are ringing in the New Year, you may be resolving to beef up your business’ social media strategy. Susan Linning's guest post offers five top tips for boosting your social media effectiveness. Among them: Go beyond retweets and make your posts original, fun and personal (but not too personal.) Use visuals, too. Find this and other news, views and tools for entrepreneurs on the blog, which is at the bottom of MiamiHerald.com /business.

Follow me on Twitter @ndahlberg and Happy New Year to all.

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Former Miami Beach resident may be next Israeli ambassador to U.S.

Ron Dermer, a top adviser to Israeli Prime Minister Benjamin Netanyahu and who has family ties to two former Miami Beach mayors, may soon become the next Israeli ambassador to the United States, according to reports in an Israeli newspaper.

The daily Makor Rishon reported late Friday that the current ambassador, Michael Oren, plans to step down from his post in the spring of 2013 and would be replaced by Dermer.

Dermer was nicknamed “Bibi’s Brain’’ in a 2011 Tablet profile that compared his relationship with Netanyahu to that of Karl Rove and former President George W. Bush.

Dermer, a Florida-born conservative, reportedly planned Republican Mitt Romney’s trip to Israel last summer during the U.S. presidential campaign.

He has been Netanyahu’s senior adviser since 2009.

The Prime Minister’s Bureau and the Prime Minister’s Office declined comment on the newspaper’s report, according to Israeli media.

Family members in Miami Beach contacted by The Miami Herald also declined to comment.

Dermer is the brother of former Miami Beach Mayor David Dermer, whose first campaign he managed, and the son of former mayor Jay Dermer.

His father was a mayor in the 1960’s and his older brother David was mayor from 2001-2007.

Just two weeks before Ron’s bar mitzvah, his father died of a heart attack. Growing up in Miami Beach, he attended a Jewish day school.

Ron Dermer and his younger sister Esther moved to Israel in the late ’90s after completing their studies. He earned a degree in finance and management from the Wharton School of the University of Pennsylvania and a degree in philosophy, politics and economics from Oxford University.

For three years, he wrote a column for the Jerusalem Post and, along with former Soviet dissident and Israeli politician Natan Sharansky, co-authored the book, “The Case for Democracy: The Power of Freedom to Overcome Tyranny and Terror.’’

He and his wife Rhonda have three children: Mayor, Zev and Ezra.

Dermer had to give up his U.S. citizenship in 2005 when he was appointed Minister for Economic Affairs to the Israeli Embassy.

In a 2011 interview with The Tablet, Dermer said he still thinks of himself as an American.

“When I think about Israel, I always ask myself, I call it the WWAD question: ‘What would America do?’”

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On brink of Fiscal fiasco

WASHINGTON — Start holding your breath — a fiscal-cliff deal could be ready for a vote by tomorrow.

President Obama and congressional leaders emerged yesterday from last-ditch negotiations at the White House with a grim new determination to seal a deal before the New Year’s Day deadline, when big tax hikes and deep federal spending cuts otherwise will whack America.

“We’ve got to get this done,” Obama declared at a press conference following the 65-minute Oval Office meeting.

Senate Majority Leader Harry Reid (D-Nev.) and Senate Minority Leader Mitch McConnell (R-Ky.) sounded an unusual bipartisan tone after the meeting, agreeing to work on a deal in time for a vote tomorrow.

AFP/Getty Images

HEAT’S ON: President Obama speaks at the White House yesterday following his meeting with congressional leaders about a fiscal-cliff deal.

At a minimum, Obama wants a vote on a scaled-down package that keeps Bush-era tax cuts for family incomes up to $250,000, extends unemployment benefits and postpones spending cuts.

The president said he was “modestly optimistic” that one of these deals would get done in time. But he plans to keep pressure on Congress with an appearance tomorrow morning on NBC’s “Meet the Press.”

The Reid-McConnell deal could raise the tax-hike threshold to $400,000 to attract more Republican support, as well as extend the current inheritance-tax rate and dozens of business tax breaks that are also set to expire Tuesday.

“We’ll be working hard to see if we can get this done in the next 24 hours,” McConnell said on the Senate floor.

Reid told the chamber that whatever they come up with will be “imperfect” because they are dealing with big numbers and complicated issues.

“Some people aren’t going to like it. Some people will like it less, but that’s where we are,” he said.

After the meeting, Obama used the White House bully pulpit to put public pressure on Republican leaders to let a proposal — even one that isn’t bipartisan — go to a vote.

Senate rules empower any member to hamstring legislation and House Republican leaders control what reaches the floor.

“If we don’t see an agreement between the two leaders in the Senate, I expect a bill to go on the floor . . . that makes sure taxes on middle-class families don’t go up,” Obama warned.

He said “ordinary folks” don’t understand why everything is a logjam in DC and lawmakers can’t just get the job done.

“The American people are not going to have any patience for a politically self-inflicted wound to our economy,” he said.

Obama, Reid and McConnell were joined at the White House by House Speaker John Boehner (R-Ohio), House Minority Leader Nancy Pelosi (D-Calif.), Vice President Joe Biden and Treasury Secretary Tim Geithner.

During the talks, Boehner told Obama the House would act on whatever legislation the Senate passes, either approving it or amending it, said a Boehner spokesman

Boehner has been sidelined from the negotiations since House Republicans abandoned his “Plan B” that would have limited the tax increases to millionaires.

Obama also issued an executive order to end the pay freeze on federal employees — a move that pumped up the salaries of Biden and members of Congress, The Weekly Standard reported yesterday.

Biden will snag an extra $6,379 each year, bringing his salary to $231,900, while US Senate and House members will make an additional $900.

smiller@nypost.com

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Resources for South Florida small businesses

•  Florida Small Business Development Centers. Counseling and training at centers in South Florida and around the state, www.floridasbdc.org.

•  SCORE Workshops, online training and free coaching at local branches, www.score.org, miamidade.score.org, browardscore.org, southbroward.score.org

• Florida Women’s Business Center. Provides training, mentoring and resources to women entrepreneurs, http://www.flwbc.org.

• The Commonwealth Institute. Helps women entrepreneurs, CEOs and corporate executives build businesses through peer mentoring programs and annually honors top women-led businesses in Florida, www.commonwealthinstitute.org.

The Hispanic Business Initiative Fund of Florida. Nonprofit, with a Miami office, provides free bilingual seminars, workshops and technical assistance to Hispanic entrepreneurs launching or expanding businesses in Florida. www.HBIFflorida.org.

•  Barry University, Barry Institute for Community and Economic Development. Counseling, workshops and training for Miami-Dade small businesses through the Entrepreneurial Institute, www.barry.edu/biced.

•  Broward College. Offers a 24-credit entrepreneurship certificate, www.broward.edu. For noncredit business courses, including training through its Entrepreneurial Institute, http://www.broward.edu/ce.

•  Florida International University, Pino Global Entrepreneurship Center. Workshops, webinars and more, entrepreneurship.fiu.edu.

•  Miami Dade College. Offers a 12-credit entrepreneurship certificate program, www.mdc.edu/business. For noncredit classes, www.mdc.edu/ce. The Meek Entrepreneurial Education Center offers many programs, www.mdc.edu/north/eec.

•  University of Miami, The Launch Pad. Workshops, networking, resources and coaching, www.thelaunchpad.org.

•  Southern Florida Minority Supplier Development Council. Connects large businesses with minority businesses across South Florida, www.sfmsdc.org.

•  Startup Florida. Programs and training, plus register your company in this Startup America initiative, www.startupfl.org.

•  Partners for Self-Employment. Offers training, technical assistance and loans in Miami-Dade and Broward. www.partnersforselfemployment.com

•  Miami Bayside Foundation. Provides loans of $10,000 to $50,000 to minority-owned businesses in the city of Miami. www.miamibaysidefoundation.org..

•  MetroBroward. Nonprofit offers financing, incubation and training for businesses in low- to moderate-income areas of Broward, www.metrobroward.org.

• ACCION USA. Provides microloans up to $50,000 and financial education, with South Florida offices and programs, www.accionusa.org.

ClearPoint Credit Counseling Solutions. Nonprofit offers one-on-one, over the phone or Internet credit counseling to entrepreneurs and consumers with poor credit. 305-463-6739, ext 1019 or www.clearpointccs.org .

•  Incubate Miami. Start-up businesses in technology can get mentorship, office space and now early-stage funding, www.incubatemiami.com.

• The Technology Business Incubator at the Research Park at Florida Atlantic University. Offers mentors, investor connections and business services, http://www.research-park.org

•  South Florida Urban Ministries’ ASSETS Business Development. Nonprofit offers small business development program including one-on-one business coaching and consulting in areas of start-up, marketing, finance and more, www.sflum.org.

• United Way Center for Financial Stability. Center offers a wide array of tools and resources to help families and individuals achieve financial independence. www.unitedwaymiami.org/WhatWeDo/CFS.

•  The Startup Forum. Organization’s mission is to foster the development of vibrant regional startup communities, www.startupforum.net.

•  StartupDigest. Begun in Silicon Valley as a place to find events for entrepreneurs, this has spread to other cities, including Miami, www.startupdigest.com

If your organization should be on this list, email ndahlberg@miamiherald.com

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Miami-Dade camping law may clash with Supreme Court ruling

When Miami-Dade commissioners voted unanimously this month to ban overnight camping at “county facility property,” they opened the doors to debate about how police should apply the measure to homeless people.

The action was a clear shot at the Occupy Wall Streeters who flooded public spaces, including outside County Hall, in the summer of 2011.

In addition to making it illegal to camp on county property, the measure toughens permitting rules for public gatherings and permissible “free speech’’ zones. It also gives police the authority to arrest violators, including the homeless.

But a 25-year-old court ruling could present a conflict, some legal observers say. A 1988 U.S. Supreme Court decision in the Pottinger vs. The City of Miami case found that Michael Pottinger and about 6,000 other homeless people in Miami could not be harassed or punished for occupying public property because doing so would violate their fundamental right to travel, and to be free from cruel and unusual punishment.

The new ordinance specifically provides that if police direct a homeless person occupying a county facility to leave, the officer first must look for sleeping space for the homeless person at a county shelter. If there is none, or if the person refuses the option, he or she can be arrested for trespassing if they remain or return to the space.

An ACLU lawyer said the measure could again open the door for police to harass and arrest homeless people.

“We’re prepared to litigate should there be issues in the future,” said attorney Dan Palugyai, who sits on the board of the Greater Miami Chapter of the American Civil Liberties Union. “Our past experience tells us it’s likely, even probable.”

During the commission meeting, County Mayor Carlos Gimenez said the homeless — at least in Miami — were protected from arrest by the Pottinger case.

The new law defines impermissible camping as the “setting up of tents, shacks, or shelters for sleeping activities or making preparations to sleep [including the laying down of bedding for the purposes of sleeping], from the hours of sunset to sunrise.”

Miami First Amendment lawyer Tom Julin said he’s troubled by that wording.

“They’re not allowing the general public to do the same type things that they, or organizations they approve of, do in a park,” he said, referring to the ING Miami Marathon and some concerts at Bayfront Park, both of which allow people to spend the night, even if there is no formal permission granted.

Commissioner Lynda Bell, who sponsored the ordinance, said it was “not meant to harm anyone.’’ After some homeless advocates expressed concern, the language was added directing police to first find shelter for homeless people and to arrest only as a last resort.

“We obviously think it’s legally sufficient,’’ said Assistant County Attorney Danny Frastai.

Still not entirely clear: How the new law would apply to county parks like Matheson Hammock Park or Haulover Beach Park. At the final meeting before the full board of Miami-Dade County Commissioners when the ordinance was adopted, it was amended from not allowing camping on “county property,” to not allowing it on “county facility property.”

“We interpret facility to mean some type of structure, like a building,” said Frastai. “If it’s a park that has a structure, we’d have to look at it.”

That’s just sloppy language, noted Palugyai, the homeless advocate. “Hopefully, there will be opportunities to clean it up.” The Occupy Wall Street crowd gathered on the west lawn at County Hall in Miami from the summer of 2011 until February, when they were finally evicted. The county says it spent $17,000 cleaning up the mess left behind.

Though the group obtained a permit to camp out there, Miami-Dade Internal Services Director Lester Sola said they should have been directed to a different spot. He blamed the confusion on vague wording in the old code, which was what led to the revision. During the discussion, Commissioner Jean Monestime wanted to know why the county needed to legislate a camping ban.

“My apprehension here is we may be opening a can of worms here.”

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A big ship storm

With dockworkers threatening to strike this weekend, businesses that rely on tens of billions of dollars worth of cargo flowing through the New York-New Jersey waterfront are starting to make costly contingency plans.

The International Longshoremen’s Association, whose grip extends across East Coast and Gulf Coast ports, is preparing to walk off the job on Sunday after failing to reach a deal with a group of shippers and port operators over container royalties.

The threat of a huge port shutdown has already led some supply-chain managers to divert their goods to other ports and ship them by rail or air instead.

This striking mood of Marlon Brando and his “On the Waterfront” pals may descend on eastern ports.

“Customers have already begun diverting freight from Asia through the West Coast instead of waiting for a settlement,” one shipping company executive told The Post.

These contingency plans, however do not come cheap.

As more companies scramble to line up alternatives, freight costs will surge — and could even double, sources said.

For instance, customers who pay to ship goods from India to California instead of New York will have to pay an additional $1,000 “congestion fee” per container on top of the normal $2,000 per-container cost, according to Jonathan Gold, the National Retail Federation’s vice president for supply chain policy.

What’s more, there is the additional financial hit from transporting goods from California to the East Coast via rail or air, driving up prices for businesses across the board.

Gold said there is the potential for the extra costs to be passed along to consumers.

Ironically, some of the biggest national retailers moved much of their shipping to the New York and New Jersey ports after the West Coast waterfront lockout in 2002 — making them vulnerable this time around, a source said.

The Port of New York and New Jersey, the nation’s third-busiest port, rang up a record $208 billion worth of cargo last year and is on pace to top that this year.

Of course, many companies have not made contingency plans.

Ron Beckerman, the JFK branch manager of BGI Worldwide Logistics, said one of his customers considered flying video-game consoles from Singapore to New York but balked at the cost.

“Some people are postponing shipments and waiting it out,” he said.

About 60 percent of Beckerman’s business comes from international goods and 40 percent from domestic trucking.

“Think of everything we buy,” he said. “It’s all made overseas — food, department store merchandise, auto parts.”

Besides diverting freight to the West Coast, there will likely be a few non-union ports in Florida and Canada that will remain open. But those ports cannot handle the blocked flow.

The West Coast lockout in 2002, when the economy was on firmer footing, lasted 11 days and cost the economy an estimated $1 billion per day.

If there’s a strike, the longshoremen have said they will still unpack perishable commodities and autos, and handle passenger ships.

jkosman@nypost.com

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5 issues small business owners will face in 2013

In 2013, small business owners will contend with many of the same issues that made it hard to run their companies during the past 12 months.

They’re also heading into the new year with a lot of uncertainty. It’s unlikely that negotiations in Congress will resolve all of lawmakers’ disagreements over tax and budget issues that affect small businesses. And there are still many questions about the implications of the healthcare law for small companies.

That points to continued caution — and perhaps slow hiring — among the nation’s small companies.

“Uncertainty is the bane of every small business,” says Scott Shane, a professor of entrepreneurship at Case Western Reserve University’s Weatherhead School of Management in Cleveland. “Their only rational response is to pull in their horns and slow down.”

Small businesses aren’t likely to get much encouragement from the economy. It’s expected to grow by no more than 3 percent in 2013, according to the Federal Reserve. That’s a moderate pace, better than the 1.7 percent that the economy grew during the first three quarters of 2012. But it’s also far from robust.

Here’s a look at some of the issues facing small businesses in the coming year:

TAXES

Lawmakers are still haggling over what’s called the fiscal cliff, the combination of billions of dollars in tax increases and budget cuts. Even if Congress reaches an agreement, small business owners won’t have the certainty they need, according to Todd McCracken, president of the National Small Business Association, a group that lobbies on behalf of small companies.

“It almost surely won’t be comprehensive enough that we won’t be revisiting it next year,” McCracken says. He’s concerned that there’ll be another fiscal cliff in six months — which would mean more negotiations and more uncertainty.

Many small business owners are worried about their personal tax rates. Sole proprietors, partners and owners of what are called S corporations, all report the income from their businesses on their individual Form 1040 returns. That means their companies are in effect taxed at personal rates, which can be higher than corporate rates.

One of the most important tax provisions for small businesses, what’s known as the Section 179 deduction, will shrink to $25,000 next year from $125,000 in 2012. The deduction, which applies to equipment purchases, was $500,000 in 2011. Congress can increase the deduction at any time, even after 2013 has begun. But for the time being, business owners can’t count on getting a big break.

“It’s a huge change for companies planning on making investments,” McCracken says.

It’s not known if Congress will extend the 2 percentage point payroll tax cut that workers have had for two years. If it doesn’t, consumers will have less money in their paychecks to spend, and that is likely to affect retailers and any other small businesses that sell directly to the public.

HEALTHCARE

Healthcare has been another source of uncertainty for small business owners. The new year will bring some, but probably not all, of the answers to questions about how the new healthcare law will affect them. Many will have to devote some time to understanding the law — or hire someone to help them do it.

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Megachurch members raise $600,000 for charity in two days

This is truly a Christmas miracle.

When Christ Fellowship Church asked its parishioners to help make "an everlasting impact on the hurting and under resourced this month", the idea was simply to raise $337,000 on the weekend of Dec. 15 and 16.

The result was overwhelming, when thousands of families attending one of the megachurch’s six campuses throughout Miami-Dade County decided it was truly more blessed to give than to receive, and raised more than $601,000 in two days.

According to Aimee Artiles, a spokeswoman from the church, "Thousands of churchgoers waited in line to give, using debit cards, writing checks, and turning in cash." Every penny of the money collected will be used to help the hurting and under-resourced in Miami and India," she said.

Artiles said more than half the money will stay in Miami, and will be used by a nonprofit organization affiliated with the church, Caring for Miami, to help meet the dental, medical and mental needs of thousands in South Florida. Caring for Miami’s most recent tax return lists the organization’s largest activities as including counseling on abortion alternatives, post-abortion counseling, assistance to homeless people, and aid to proselytizing activities.

The Rev. Rick Blackwood, senior pastor of the church said, "Christ Fellowship is blessed with the capacity to dream big. This December, we challenged everyone, including our own staff, to give big and be a light to their community and the world. the results were astounding."

Even the children’ were encouraged to bring in a new gift for a local foster child, as well as donate their own pennies to help another child in need. The children alone, raised $3,814.05 in pennies. The middle and high school youngsters were encouraged to leave their own shoes behind after service and more than 1,855 pairs of shoes were

collected in one weekend and will be shipped to others in need in countries like El Salvador, the Dominican Republic, Jamaica and Haiti.

Christ Fellowship is one of the region’s largest churches, with campuses in downtown Miami, Palmetto Bay, West Kendall, Homestead, Redland and Coral Gables. For more information about the church, call 786-486-7339 or visit www.cfmiami.org.

Pastor honored

On Jan. 5, Bishop Walter H. Richardson, one of the longest serving pastors in Miami-Dade County, will celebrate his 90th birthday. To honor him, his church family will have a gala dinner at Miami Shores Country Club, followed by a special worship service on Jan. 6, in the church sanctuary at 1351 NW 67th St. in Liberty City.

Richardson is one of the county’s unsung heroes. He quietly goes about doing all the good he can for the downtrodden and those who are victims in natural disasters throughout the world. And he hasn’t just started doing good; when millions were homeless during the Rwanda crisis, he spearheaded a movement in the church to collect t-shirts, soap, medical supplies and ponchos for children whose parents had been killed in the civil war and were living in refugee camps. His efforts spilled over into the community and members of the congregation met two evenings to pack the items, which the church then paid thousands of dollars to have the items shipped to Africa.

He did the same thing when there was a natural disaster and thousands in the United States, Haiti, the Bahamas, Jamaica and other Caribbean countries needed help.

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This is what an 8-year-old girl found under the Christmas tree...

Holy shoot!

A grinch slipped a real handgun into a wrapped gift that was part of a church gift collection for foster kids — and it ended up in the hands of an 8-year-old Harlem girl who found it alongside a mama-and-baby teddy-bear set, The Post has learned.

Natasha Brunson said, “Oh wow!” and waved the gun around to show everyone on Christmas morning — but luckily, it was inoperable.

“This is something you never expect on Christmas,” said her foster mom, Sheeba Anderson.

“I feel like we narrowly avoided what could have been a terrible disaster. I couldn’t calm down all day.”

BAD BEAR: A Harlem foster child opening a donated present found this pistol at the bottom of the box.

Anderson, 42, picked up two bags of already-wrapped presents last Thursday from St. Anthony’s Church in SoHo.

She brought them to her home in the Frederick Douglass Houses for her six foster kids.

On Christmas morning, she handed out the gifts to the thrilled children, including the box to Natasha.

“I thought they were really pretty,” little Natasha said. “So I was squeezing the bears and just starting to play with it.”

When she reached inside to grab the baby bear, she felt something hard, but figured it was simply a stand.

“But then I reached in and took out a gun,” she said. “I thought it was another toy that fell inside the box.”

Anderson was watching another child open a gift when she spotted Natasha holding the pistol.

“I heard her say, ‘Look, Miss Sheeba, I found a gun!’ She was waving it around and playing with it.”

Anderson took the gun from the girl and checked the other donated presents to make sure there weren’t potentially dangerous items in the packaging.

“I grabbed the dolls, too, and started examining them,” she said.

“Who knows what else was going on with this bear? It could have had drugs or needles or anything else in there.”

Anderson also called police, who took the weapon.

The firing pin had been removed and there were no bullets or visible serial numbers, sources said.

Investigators were still trying to determine the make and model of the weapon and how it was donated.

The gifts were provided by a nonprofit that has a contract with the Administration for Children’s Services, sources said.

Calls to St. Anthony’s were not returned.

An ACS spokesman said the agency was “concerned” over the incident.

Anderson was outraged that the weapon had made its way into her home.

“I treat these kids as if they are my own. I also expect ACS to feel the same way,” she said.

“This is the last thing I would have expected. Security has to be improved. These are anonymous donations. They could have come from anywhere and anyone.”

Additional reporting by Brad Hamilton

larry.celona@nypost.com

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Deadline to apply for free foreclosure case reviews is Monday

Florida residents who believe they suffered from shoddy foreclosure practices have through Monday to apply for a free case review that could net them up to $125,000 if wrongdoing is found.

The program, which is overseen by the Office of the Comptroller of the Currency, began in November 2011 with an estimated 4 million eligibility letters mailed nationwide.

As of late September, just 3.8 percent of Floridians who were sent letters about their eligibility for the review have applied.

Cases are eligible for review if the foreclosure was on a primary residence in some stage of foreclosure during 2009 and 2010. The foreclosure had to have been handled by one of 24 banks or mortgage servicers named in consent orders crafted in response to findings of foreclosure deficiencies. The affected servicers can be found at independentforeclosurereview.com.

Problems contacting borrowers who may have been evicted from foreclosed homes, as well as borrower fatigue in applying for aid programs probably contributed to the limited response, some foreclosure defense attorneys said.

“A lot of these homeowners have been promised a lot of things in the past that were never fulfilled,” said attorney Ron Kaniuk, of Sachs Sax Caplan in Boca Raton. “It’s the law of diminishing returns. Once you are disappointed a few times, you stop filling stuff out.”

The Independent Foreclosure Review is separate from the $25 billion attorneys general settlement reached in February.

Nationwide, the return rate of borrowers responding to eligibility letters was about 5.3 percent through Sept. 27. Since then, an additional 121,677 borrowers have applied nationwide, said Bryan Hubbard, a spokesman for the Office of the Comptroller of the Currency.

The original deadline to apply for the review was April 30. It was pushed back to July 31 and then Dec. 31.

Reviewers are looking for several problems including failure to put a homeowner on a permanent loan modification after he or she successfully completed a trial period, foreclosing on a borrower while he or she was current on payments under a loan modification, and not providing a borrower with proper notification during a foreclosure.

Remediation to borrowers can include credit fixes, reimbursement of improperly charged fees, and lump-sum payments of between $500 and $125,000.

For more information about the Independent Foreclosure Review, call 1-888-952-9105.

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