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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. Homeowner Tax Break Set to Expire - AOL

    www.aol.com/.../07/homeowner-tax-break-set-to-expire

    By Les Christie The clock is ticking on a tax break that saves struggling homeowners from paying thousands of dollars to the IRS. If the Mortgage Forgiveness Debt Relief Act of 2007 does not get ...

  4. 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 ...

  5. Your mortgage relief is ending — now what do you do? - AOL

    www.aol.com/news/mortgage-relief-ending-now...

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  6. American Taxpayer Relief Act of 2012 - Wikipedia

    en.wikipedia.org/wiki/American_Taxpayer_Relief...

    The Act centers on a partial resolution to the US fiscal cliff by addressing the expiration of certain provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (known together as the "Bush tax cuts"), which had been temporarily extended by the Tax Relief ...

  7. Government policies and the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_policies_and...

    In 1982, Congress passed the Alternative Mortgage Transactions Parity Act (AMTPA), which allowed non-federally chartered housing creditors to write adjustable-rate mortgages. Among the new mortgage loan types created and gaining in popularity in the early 1980s were adjustable-rate, option adjustable-rate, balloon-payment and interest-only ...

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