Types Of Bankruptcy

Irvine-Based Mortgage Lender Fires 3,200 Employees   New Century Financial Corporation, once the nation's second-largest provider of home loans to high-risk borrowers, filed for bankruptcy protection Monday, the victim of its own financial missteps as well


Calculators reveal best mortgage option  Use online calculators to determine if paying points is the right option for you, says Dr. Don Taylor.read more...


NH banking dept., mortgage company reach agreement (Boston Herald)  MANCHESTER, N.H. - A mortgage company that does business in New Hampshire, Maine and Massachusetts agreed to pay $425,000 as part of a settlement announced Monday with New...read more...


ADV: Target Photo Center  Upload your digital photos online. Pick up at your local Target store.read more...


Weekly mortgage payments don't make sense  Dear Dr. Don, My mortgage is $150,000 and my rate is 6.25 percent for 30 years. If I pay weekly , how soon would my mortgage be paid and how


UK mortgage activity to decelerate in H2 (New Ratings)  LONDON, July 12 (newratings.com) - Analysts at JP Morgan expect activity in the UK mortgage market to decelerate in H2.read more...

October 18th, 2006

Deducting foreign mortgage payments (Bankrate.com)

Dear Tax Talk, I am a U.S. citizen working in South Korea for a U.S. company and I plan to purchase a house in S. Korea. I will have to get a loan from a local South Korean bank and pay a monthly mortgage. Will I be able to deduct the foreign mortgage payment on my income tax return? Thank you.

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