Q: Hi. I was wondering if I had a short sale that was approved Dec. 26, but the settlement was on Jan. 30, will that still fall under the (federal) debt forgiveness act? Thanks for any info. — Sue T., ...

Inquiring minds have been asking me about H.R. 3648, the Mortgage Forgiveness Debt Relief Act of 2007. Families dealing with the pain of a foreclosure should not have the double whammy of a large tax ...

Elizabeth Rosen grew up near Boston and comes from a family of financial planners. She attended Carnegie Mellon University in Pittsburgh, Pa. where she studied professional writing. After graduation, ...

Q: I found your article very helpful. I’m a homeowner in that situation where you have to go between short (sale) and foreclosure. In your article, you intimate that if the (federal Mortgage ...

Three financial services and consumer advocacy groups have joined to send letters to the House and Senate urging them to preserve the temporary tax exemptions for forgiven debt. The Financial Services ...

LOS ANGELES (CBSLA) - Members of the Los Angeles City Council are calling on Congress to move forward with legislation that would grant rent and mortgage forgiveness to millions of renters, homeowners ...

Former Vice President Joe Biden, the presumptive Democratic presidential nominee, on Wednesday backed rent and mortgage forgiveness for those struggling to get by during the coronavirus pandemic. In a ...