financially-distressed

Some tax issues to consider on mortgage write-downs (Washington Post)

With the Obama administration and private lenders actively considering mortgage principal-reduction programs to help financially distressed homeowners, the Internal Revenue Service has issued a new advisory to taxpayers who receive — or seek to receive — such assistance. The IRS gets involved in…

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Some tax issues to consider on mortgage write-downs (Washington Post)

financially-distressed

Mortgage interest rates down for second week as home loan applications rise (Washington Post)

Mortgage interest rates declined for a second consecutive week as the number of home loan applications rose.

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Mortgage interest rates down for second week as home loan applications rise (Washington Post)

financially-distressed

Government mortgage plan aids 16% of borrowers (USA Today)

The Obama administration’s mortgage relief plan has helped only about 16% of borrowers who signed up since its launch last year, while hundreds of thousands of homeowners remain in limbo.

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Government mortgage plan aids 16% of borrowers (USA Today)