Push to Renew Mortgage Debt Forgiveness Gains Steam in Senate.


This recent article from Realtormag offers some hope to those faced with paying income tax on the part of their mortgage debt that their lender may have forgiven after a short sale or foreclosure. An effort is under way in the Senate to renew legislation that spares underwater homeowners from having to pay income tax … More Push to Renew Mortgage Debt Forgiveness Gains Steam in Senate.