Types Of Bankruptcy

Homeowners who fall behind on mortgage can find help (Market Watch)  SAN FRANCISCO (MarketWatch) -- Whether it's from a job loss, medical emergency, mortgage-payment hike or simply personal-finance mismanagement, a small but growing number of homeowners is falling into foreclosure every


Thornburg Mortgage reports increased earnings driven by income from ARM assets  Thornburg Mortgage Inc. on Oct. 17 reported third-quarter net income of $74.0 million, or 70 cents per share, compared to $58.0 million, or 69 cents per share, earned in the


Lumpers' pensions facing a 'slow death'  A pension plan for retired fish lumpers could collapse if federal fishing regulators continue to make drastic cuts in the number of days groundfish vessels can go to sea.read more...


FBI Assigns 200 Agents to Mortgage Fraud Probe  "Clearly, in the last couple of years, we have seen a substantial increase in mortgage fraud cases, and my anticipation is that we will continue to see that increase"


Tips for dealing with an adjustable-rate mortgage (Everett Herald)  A state task force wants to help those with ARMs stave off foreclosure. If you bought your home within the past three years or so, you might want to pull


Confused by all the Mortgage Options? Here's Help (Benton Evening News)  (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,

October 18th, 2005

Tax reform proposal eliminates deduction of property taxes and limits size of interest on mortgage deducted (Sun-Sentinel)

WASHINGTON —Owning a home would lose a lot of its tax advantages if a presidential tax reform panel proposal ever becomes law. Homeowners would no longer be allowed to deduct property taxes and their mortgage interest deductions would be limited under a simplification plan endorsed by the panel.

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