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Mortgage debt forgiveness still a taxing issue for many short sellers

Although most real estate markets have rebounded from their recession lows, this harsh fact remains: About 7 million homeowners continue to be stuck in the tar pit of serious negative equity, with mortgage debt at least 25% higher than the value of their property, according to research firm…

How to get a mortgage that's right for you

Property values are rising in many parts of the country, and prime home-shopping season is approaching. Some buyers are rushing to get mortgages before the Federal Reserve raises interest rates, which could happen in the coming months.