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Congressman Al Lawson and Van Taylor (Lawson by Bill Clark/CQ-Roll Call, Inc via Getty Images; Taylor by Thomas McKinless/CQ Roll Call)

Congress pitches relief to struggling hotel, mall CMBS borrowers

A bipartisan bill introduced in Congress on Wednesday is intended as a lifeline for hotel and shopping-center CMBS borrowers....

Congress pitches relief to struggling hotel, mall CMBS borrowers
Rep. Alexandria Ocasio-Cortez (Credit: Photo by Brittany Greeson/Getty Images)

AOC: Rent strikers have no choice

Rep. Alexandria Ocasio-Cortez — progressives’ rock star from New York — threw her support behind rent strikers Monday. In a virtual town hall hosted by New York tenant coalition Housing Justice for All, Ocasio-Cortez...

AOC: Rent strikers have no choice
Senate Majority Leader Mitch McConnell and House Speaker Nancy Pelosi (Credit: (Photo by Drew Angerer/Getty Images)

Congress fixed tax code “retail glitch” and gave real estate a tax windfall

Real estate owners can thank a fix to the “retail glitch” — rectified in the $2 trillion economic bailout...

Congress fixed tax code “retail glitch” and gave real estate a tax windfall
Representative Kevin McCarthy and US Speaker of the House Nancy Pelosi show the $2 trillion stimulus bill (Credit: ALEX EDELMAN/AFP via Getty Images)

House passes $2 trillion stimulus package

UPDATED, 3:46 p.m., March 27: After a brief procedural hiccup, Congress’ $2 trillion economic stimulus package is on its way to the desk of President Trump. U.S. Representatives raced back to Washington on Friday...

House passes $2 trillion stimulus package
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What’s at stake for homeowners in Congress’ lame duck session

Though the news spotlight has been on the presidential debates and the November 6 elections, a more pressing personal...

What’s at stake for homeowners in Congress’ lame duck session
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Congress weighs mortgage relief extension

Here’s some encouraging news for financially stressed homeowners across the country: The Senate Finance Committee approved a bipartisan bill before heading home for summer recess that would extend the Mortgage Forgiveness Debt Relief Act...

Congress weighs mortgage relief extension
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Most investor losses incurred by home loan refinancings would not impact U.S. economy

In its research paper on the housing market, the Federal Reserve Bank of New York urged Congress to allow...

Most investor losses incurred by home loan refinancings would not impact U.S. economy
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A foreclosure escape hatch?

With hundreds of thousands of homeowners facing imminent foreclosure and estimates of 2 million or more in the wings, are there any financial tools available to distressed borrowers that haven’t been tried yet? Equally...

A foreclosure escape hatch?
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Home write-offs: an endangered species?

If you take mortgage interest tax deductions, the next 100 days could have significant financial implications for you, thanks to Congress’ new federal debt ceiling plan. Though the compromise legislation itself involved no new...

Home write-offs: an endangered species?
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