Posted in Capital Gains, In-Home Office, Real Estate Investing, Real Estate Taxes, Residential Mortgages, Tax Deductions on Feb 23rd, 2008 No Comments »
By Broderick Perkins
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Article Launched: 02/21/2008 04:06:46 PM PST
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Posted in African Americans, Res. Mortgage Loan Refinancing, Residential Mortgages on Jan 29th, 2008 No Comments »
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By Nisa Islam Muhammad
Staff Writer
Updated Jan 28, 2008, 11:06 pm
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Posted in Res. Mortgage Loan Refinancing, Residential Mortgages on Jan 24th, 2008 No Comments »
Subprime Mortgage Crisis Causing African-Americans… Greatest Loss of Wealth
The ongoing sub-prime crisis is having a devastating impact on all Americans, as the ripple effect runs through the finance industry and ultimately has helped to fuel an impending recession. Just today, the Federal Reserve Bank lowered its federal funds rate [...]
Posted in Credit Improvement, Credit Scores, Real Estate Investing, Res. Mortgage Loan Refinancing, Residential Mortgages on Jan 20th, 2008 No Comments »
Posted in short sale by debt kid on the January 18th, 2008
Homeowners who are in financial difficulties and facing foreclosure often opt for a short sale in order to escape the foreclosure process. A short sale simply means that the amount of the mortgage balance owed is greater than the current market value of your [...]
Posted in Res. Mortgage Loan Refinancing, Residential Mortgages, Tax-Breaks on Jan 20th, 2008 No Comments »
Homeowners whose mortgage lenders allow them to walk away from their debt got a big break from the new Tax Increase Prevention Actjust passed by Congress. Under the old law, debt forgiveness was considered taxable income in many cases - pretty painful stuff when the reason you couldn’t pay your mortgage was because you didn’t [...]
Posted in Res. Mortgage Loan Refinancing, Residential Mortgages, Tax Deductions on Jan 20th, 2008 No Comments »
By Benny L. Kass
Saturday, January 19, 2008; Page F13
Third in a series of columns
“I’m living so far beyond my income that we may almost be said to be living apart.”
– E.E. Cummings
The tax-deductibility of mortgage interest is one of the big benefits of homeownership, and it can affect your financial decisions.
Take, for [...]
Posted in Charitable Contributions, Res. Mortgage Loan Refinancing, Residential Mortgages on Jan 20th, 2008 No Comments »
by Broderick Perkins and Lew Sichelman
LITTLE ROCK, AK — In what’s being labeled “financial apartheid,” a disproportionate number of minorities and low-income home owners are often steered to more expensive sub-prime mortgages, even when they can qualify for cheaper financing.
Released Nov. 14, “Separate and Unequal: Predatory Lending in [...]
Posted in Res. Mortgage Loan Refinancing, Residential Mortgages on Jan 20th, 2008 No Comments »
Homeowners whose mortgage lenders allow them to walk away from their debt got a big break from the new Tax Increase Prevention Actjust passed by Congress. Under the old law, debt forgiveness was considered taxable income in many cases - pretty painful stuff when the reason you couldn’t pay your mortgage was because you didn’t [...]
Posted in Credit Scores, Residential Mortgages on Jan 19th, 2008 No Comments »
Posted in short sale by debt kid on the January 18th, 2008
Homeowners who are in financial difficulties and facing foreclosure often opt for a short sale in order to escape the foreclosure process. A short sale simply means that the amount of the mortgage balance owed is greater than the current market value of your [...]
Posted in Family-related, Foreclosure, Res. Mortgage Loan Refinancing, Residential Mortgages on Jan 7th, 2008 No Comments »
Homeowners whose mortgage lenders allow them to walk away from their debt got a big break from the new Tax Increase Prevention Actjust passed by Congress. Under the old law, debt forgiveness was considered taxable income in many cases - pretty painful stuff when the reason you couldn’t pay your mortgage was because you didn’t [...]
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