March 12, 2010
New legislation helps those in foreclosure
Lose your house to foreclosure and it used to be you could expect a big tax bill to add to your woes. With the newly enacted Mortgage Forgiveness Debt Relief Act of 2007, that sometimes-shocking tax hit is easier to avoid.
Foreclosure rates rise 5 percent from summer to fall, nationwide
The number of U.S. households caught up in the foreclosure crisis rose more than 5 percent from summer to fall as a federal effort to assist struggling borrowers was overwhelmed by a flood of defaults among people who lost
Whitney Houston Reportedly Faces Foreclosure
Whitney Houston's New Jersey mansion is slated to be sold at a sheriff's sale because she is more than $1 million behind on the mortgage and taxes have not been paid this year, according to reports published Wednesday.
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