Tax panel seeks cap on break for homeowners All Financial Times News The president's panel on tax reform is pushing for a cap on the mortgage interest tax deduction, long considered one of the country's untouchable tax breaks.read
SF Supervisors Pass Condo Conversion Measure San Francisco supervisors today unanimously approved an ordinance that will allow people to continue accumulating chances in an annual condo-conversion lottery.read more...
Retired Federal Administrator Jacki Shirah Running for County Commission read more...
78 Charged in Bankruptcy Fraud Sting Nine lawyers, an ex-police officer and an electrician who bribed a former governor were among 78 people charged with bankruptcy fraud in the past two months, the Justice Department said
GMAC Financial Services posts $724M loss due to mortgage lending (Minneapolis-St. Paul Star Tribune) NEW YORK - GMAC LLC said Tuesday it lost $724 million in the final quarter of 2007 as the housing slump and disruptions in the credit and capital markets battered
Subprime Defaults Prompt Calls For Rules to Protect Borrowers As more homeowners fall behind on their mortgage payments the debate is heating up over whether lenders should be required to ensure that the loans they issue are suitable for
J. Larry Duggins of the Centerline Capital Group said, “There is some room for rent growth, but it’s not astronomical.” Spurred by the collapse of the subprime mortgage market, the leading … via HendersonvilleNews.com
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