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  2. Mortgage Forgiveness Debt Relief Act of 2007 - Wikipedia

    en.wikipedia.org/wiki/Mortgage_Forgiveness_Debt...

    The Mortgage Forgiveness Debt Relief Act of 2007 was introduced in the United States Congress on September 25, 2007, and signed into law by President George W. Bush on December 20, 2007. This act offers relief to homeowners who would have owed taxes on forgiven mortgage debt after facing foreclosure. The act extends such relief for three years ...

  3. What is a deed in lieu of foreclosure? - AOL

    www.aol.com/finance/deed-lieu-foreclosure...

    The Mortgage Forgiveness Debt Relief Act, which has been extended through December 2025 with the Further Consolidated Appropriations Act of 2021, relieves homeowners from having to pay taxes on ...

  4. Expiring Tax Cut Poised To Take a Bite Out of Mortgage ... - AOL

    www.aol.com/news/2012-09-13-national-mortgage...

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  5. Making Home Affordable - Wikipedia

    en.wikipedia.org/wiki/Making_Home_Affordable

    The Home Affordable Modification Program (HAMP) is a government program introduced in 2009 to respond to the subprime mortgage crisis.HAMP [10] is part of the Making Home Affordable program (MHA), [11] established in concert with the Hardest Hit Fund program (HHF) [12] under the Troubled Asset Relief Program (TARP), a part of the Emergency Economic Stabilization Act of 2008. [13]

  6. Amendments to the Internal Revenue Laws of the United States

    en.wikipedia.org/wiki/Amendments_to_the_Internal...

    P.L. 110-142 Enacted 12/20/07 Mortgage Forgiveness Debt Relief Act of 2007 P.L. 110-161 Enacted 12/26/07 Department of Transportation Appropriations Act, 2008 P.L. 110-166 Enacted 12/26/07 Tax Increase Prevention Act of 2007

  7. Personal loans: Are they taxable income? - AOL

    www.aol.com/finance/personal-loans-taxable...

    Additionally, taxpayers do not have to pay taxes on forgiven mortgage debt up to $750,000 due to the Mortgage Debt Relief Act passed during the Great Recession. The Consolidated Appropriations Act ...

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