Mortgage Debt Cancellation Relief Archive

Important Tax Provisions Still Available for 2016 Tax Year

The following status update on mortgage debt cancellation relief, an important federal tax issue for homeowners, is written by Jon Boughtin of NAR Media. The 114th Congress recessed in early December without completing work on a so-called “tax extenders”...

Update on Fiscal Cliff: What’s at Stake for Real Estate

Congress today (Dec. 31) continues to wrestle with what to do about the fiscal cliff, the hundreds of billions of dollars in automatic tax increases and federal spending cuts that take effect at the end of the year unless...
December 31, 2012

Key Issue to Watch: Debt Cancellation Relief

One of the most helpful laws on the books for underwater home owners is set to expire at the end of this year. At this point, NAR expects to make a strong push to get it extended because the...
February 16, 2012

Brokerages Get Financing Help

By Robert Freedman, Senior Editor, REALTOR® Magazine Much of what NAR gets involved in at the federal level is high-profile, like protecting the mortgage interest deduction, but the association on a daily basis is involved in initiatives that fly...
July 28, 2009