mortgage debt

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Groundhog Day for federal housing taxes

Haven’t we seen this movie before? On Capitol Hill for the second year in a row, key federal tax assistance for homeowners is heading for expiration within weeks. And there’s no sign that Congress...

Groundhog Day for federal housing taxes
U.S. home equity level are gaining at fastest rate in 60 years

U.S. home equity level are gaining at fastest rate in 60 years

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U.S. home equity level are gaining at fastest rate in 60 years
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A tax test on canceled mortgage debt

With hundreds of thousands of homeowners having negotiated loan modifications or short sales or been foreclosed upon during the past year, the Internal Revenue Service has issued fresh guidance on how to handle canceled...

A tax test on canceled mortgage debt
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