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bank lending: The President is proposing a reduction in the mortgage interest deduction - 02/14/11 05:43 PM
While the title of the the article rhymes, the proposal is far from entertaining
On page 1 of the Fiscal Year 2012 Budget of the U.S. Government you can begin to read The Budget Message of the President. In the preamble he discusses the recession and the fact that due to fiscal realities we face hard choices.
On page 4 the President proposes a 30% cut in itemized deductions for high-income taxpayers to use to pay for a fix to the Alternative Minimum Tax. What this means is that the mortgage interest deduction is being targeted again in the … (0 comments)

bank lending: It's Beginning To Look A Lot Like Christman? - 10/29/08 08:43 AM
Reprinted from The Political and Financial Markets Commentator at http://politicsandfinance.blogspot.com
Are You Confident?When I first started writing the Politics and Finance blog at the beginning of the summer, in my wildest imagination I would not have expected that my daily rant would be so consistently negative. The goal, which has morphed slightly since the inception was to provide commentary on the ever changing political and financial landscapes that affect us all. The goal has not yet been attained, because the landscape has not been ever changing, but going in one direction.While I have been accused in the past of having … (0 comments)

 

Michael Haltman

Jericho, NY

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Hallmark Abstract Service LLC

Address: 131 Jericho Turnpike, Suite 205, Jericho, NY, 11753

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The Hallmark Abstract Sentinel is written for the purpose of keeping our clients and subscribers current on any issues that may have the potential to impact the real estate, mortgage or title insurance markets. Examples of these issues include the current foreclosure crisis and the potential that foreclosures already completed could be overturned due to a variety of legal issues.


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