Posts Tagged ‘Break’

Applications Increase as Tax Break Deadline Looms

In recent weeks mortgage lenders have experienced a flurry of new applications from prospective homebuyers who see the April 30 federal tax credit expiration fast approaching and want their $8,000 “gift” from Uncle Sam. View full post on National Mortgage News Headlines Share and Enjoy:

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Lenders Catch a Break on FHA Capital Minimum

The Department of Housing and Urban Development is raising the net-worth requirement for FHA-approved lenders-but by not as much as expected. View full post on National Mortgage News Headlines Share and Enjoy:

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California Legislature approves tax break for people in foreclosures, short sales

The measure, which is expected to be signed by Gov. Schwarzenegger, would waive state taxes on mortgage debt that has been forgiven in a foreclosure or short sale. Thousands of Californians whose homes were foreclosed on or sold at a loss would get tax relief under a measure approved Thursday by the state Legislature. View full [...]

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California Legislature approves tax break for people in foreclosures, short sales – Los Angeles Times

DSNews.com California Legislature approves tax break for people in foreclosures, short salesLos Angeles TimesWith the plunge in the real estate market, many Californians have found themselves owing much more on their mortgages than their homes are worth. …Legislature pushes for foreclosure reliefSan Francisco Chronicleall 117 news articles » View full post on california real estate – [...]

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Legislature approves tax break for people in foreclosures, short sales

The measure, which is expected to be signed by Gov. Schwarzenegger, would waive state taxes on mortgage debt that has been forgiven in a foreclosure or short sale. Thousands of Californians whose homes were foreclosed on or sold at a loss would get tax relief under a measure approved Thursday by the state Legislature. View full [...]

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