Types Of Bankruptcy

Calif. housing bubble seen deflating  SAN FRANCISCO - California has a housing bubble, but it may not pop with a bang, UCLA researchers said in a quarterly economic forecast.via


Mortgage repayments: Road to repossession has lots of exits (Daily Telegraph)  Mortgage repayment problems can be overcome, reports Myra Butterworth.read more...


A Reader Asks: What to Do When People File False Insurance Claims?  June Fletcher on why it's best not to turn a blind eye to homeowners who scam their property-insurance providers.read more...


SC Starts Mortgage Fraud Hotline (WCBD-TV Charleston)  South Carolina has created a new Mortgage Fraud Hotline for people who suspect they?re victims of mortgage fraud, the state's attorney general and Department of Consumer Affairs announced Monday. The


Bill aims to kill mortgage loan program for illegal immigrants  Republicans are proposing legislation aimed at shutting down a state program that makes it easier for illegal immigrants to get home loans.via


Home Sales Set Record  The National Association of Realtors says pre-owned homes sold at an annual rate of 7.18 million units in April, up 4.5 percent from March's pace of 6.87 million and setting

November 2nd, 2005

Mortgage deduction in peril (Milwaukee Journal Sentinel)

There are no cows more sacred in the tax code than the deductions for mortgage interest and property taxes. Together, they add up to at least a $75 billion annual subsidy for housing and homeowners. President Bush, in establishing his advisory panel on tax reform, specifically asked the group to preserve support for home ownership.

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