Home> U.S. Homes Lost to Foreclosure Hit 6-Year Low in 2013 LOS ANGELES January 16, 2014 (AP)By ALEX VEIGA AP Real Estate Writer The number of U.S. homes that got started on the path to foreclosure fell last year to a low not seen since before the high-flying days of the housing boom, the latest evidence that the … Continue reading
Tag: extension on mortgage
Bill Seeks to Extend Federal Tax Exemption for Forgiven Mortgage Debt
Congressman Bill Foster (D-Illinois) introduced the Homeowners Debt Relief Extension Act (H.R. 3856) on Tuesday. The bill would extend the mortgage debt tax exemption that’s been in place since 2007 for another two years. The Mortgage Debt Relief Act of 2007 makes debt that is reduced or cancelled through a loan modification or debt forgiven … Continue reading Bill Seeks to Extend Federal Tax Exemption for Forgiven Mortgage Debt
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