mortgage forgiveness debt relief act: Mortgage Forgiveness Debt Relief Act Extended through 2013 - 01/24/13 06:03 AM
Homeowners can relax a little again; Congress has included an extension of the Mortgage Forgiveness Debt Relief Act in an eleventh hour bill to avoid a possible fiscal cliff crisis. The Act was scheduled to expire on December 31, 2012, but has been extended, in the American Taxpayer Relief Act- until December 31, 2013.
The stakes were incredibly high. With almost three million mortgage loans in, or near foreclosure, five million more borrowers suffering with high-rate loans that they have not refinanced, and nearly 12 million borrowers whose mortgage debt adds up to$600 billion more than the homes are worth. The … (1 comments)

 
Kona Home Team (luva llc) Lance Owens (RS), Getting transactions done, when nobody else can! (Kona Home Team          (luva llc)) Rainmaker large

Kona Home Team (luva llc) Lance Owens (RS)

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