Short sale. It even sounds ugly. Since the housing collapse of a few years ago, the short sale has been the lesser of two evils for homeowners struggling with mortgage debt – and a signal to the world that the loan can’t be salvaged. But a new report by MarketWatch...
Government help for housing may be coming to an end, if a new bill floated by House Republicans becomes law. This wide-ranging piece of legislation could virtually eliminate a number of government-backed housing initiatives, privatize federal lending services and make...
The mortgage interest deduction has been around since 1913, and to this day it remains one of the most valued provisions in the real estate tax code. But new revisions to tax laws could change all that, as lawmakers argue that this venerable exemption really does...
Despite the lawsuits and regulation that followed the housing collapse in 2008, some of the nation’s biggest mortgage lenders – and even some smaller ones – are still using a variety of fraudulent practices to put more money into their corporate pockets. Now,...
Ever since it was created back in 2008 to help homeowners avoid foreclosures, the government’s Home Affordable Mortgage Program, or HAMP, has fallen far short of its goals. Because that’s so, large numbers of preventable foreclosures have hit the market in some areas,...
