Three financial services and consumer advocacy groups have joined to send letters to the House and Senate urging them to preserve the temporary tax exemptions for forgiven debt. The Financial Services ...

Elizabeth Rosen grew up near Boston and comes from a family of financial planners. She attended Carnegie Mellon University in Pittsburgh, Pa. where she studied professional writing. After graduation, ...

If your mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income. Here are 10 facts ...

On Dec. 20 President Bush signed into law the Mortgage Forgiveness Debt Relief Act of 2007. For three years, from Jan. 1, 2007, through Dec. 31, 2009, certain discharges of mortgage indebtedness on a ...

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts. The idea of forgiving some of the debt of people whose houses are worth ...

CEO says Fannie Mae/Freddie Mac would face huge impact Forgiveness could entice borrowers to default Bank has forgiven $4 billion in mortgage principal CHARLOTTE, N.C., March 10 (Reuters) - The chief ...

Non-government holders of delinquent mortgages are offering more payment plans with debt forgiveness as Fannie Mae and Freddie Mac resist, according to the U.S. Office of the Comptroller of the ...

TAX HELP: Do I qualify for moving expenses? TAX HELP: Can I claim a home office deduction? READ: Crisis Button: I'm moving in two weeks, but I own my home. What do I do? Elizabeth Rosen grew up near ...