Senators craft extended mortgage relief for military

Mar 31, 2016. S. 2393 (114th). A bill to extend temporarily the extended period of protection for members of uniformed services relating to mortgages, mortgage foreclosure, and eviction, and for other purposes. In, a database of bills in the U.S. Congress.

Number of underwater homeowners grows: CoreLogic CoreLogic reports there were 41,000 completed foreclosures nationwide in March. Completed foreclosures are an indication of the total number of homes.. So the house sits, unoccupied, with grass growing unmowed and with no sign of life.. some “seriously delinquent” underwater homeowners to avoid foreclosure.

There’s relief for taxpayers who had mortgage debt written off due to foreclosure or a short sale, which occurs when a home is sold for less than the mortgage balance. ordinarily, forgiven debt is.

 · Congress has passed the Bipartisan Budget Act of 2018 which has become a law. Included in this is the extension of expired tax extenders for 2017, the extension of energy efficient tax credits, and special tax relief for certain disaster victims. The tax provisions range from tax breaks for individuals and families to energy saving tax benefits.

MGIC writes $2.1B in new primary mortgage insurance MGIC last month contributed $200 million to increase statutory capital at its principal insurance operation, allowing it to continue writing new policies. The entire mortgage-insurance. in the.

Military Spouses Residency Relief Act: Extended certain privileges to the spouses of military personnel 111-98: November 11, 2009 (No short title) Authorized a construction project at a Department of Veterans Affairs medical center in Walla Walla, Washington: 111-99: November 30, 2009 (No short title)

U.S. Senator Debbie Stabenow (D-MI) introduced a bi-partisan bill to extend the Mortgage Forgiveness Debt Relief Act through the end of 2018. Whether the Act is extended is a major issue for homeowners behind in their mortgage payments.

Five Democratic senators introduced a bill expanding mortgage and foreclosure protections for military families.Sen. Jack Reed, D-R.I., led the bill, known as the Servicemember Housing Protection.

Multifamily development picks up despite falling demand SEC: Fast-Tracking Loan Mods Won’t Jeopardize Trust Status Roubini Statement on the U.S. Economic Outlook. Author: Nouriel Roubini July 16th, 2009 Share This Print "It has been widely reported today that I have stated that the recession will be over ‘this year’ and that I have ‘improved’ my economic outlook.Over the past 10 years, the cumulative shortage is roughly 6 million, an average of 600,000 per year. This was most severe in the years just after the Great Recession when there was little demand. But, in the past few years, as construction in both single-family and multifamily have picked up, the gap has narrowed considerably.Should you lend in areas with fracking? The 7P Plant is well located in an area populated with fracking companies, its potential customers. Please visit the Company’s website at Should you wish to receive Company.

Introduced in senate (01/12/2017) mortgage debt tax relief Act This bill amends the Internal Revenue Code to extend through 2018 the exclusion from gross income of income attributable to the discharge of indebtedness on a principal residence.

Sen. Marco Rubio faced foreclosure; sold house for $18,000 loss The candidate treated most unfairly by The New York Times is a coveted slot in the Republican presidential field, and it is owned, at least for the time being, by Marco Rubio. The self-styled.

DODD-FRANK SIGNIFICANTLY WEAKENED – Some architects of the dodd-frank financial reform law are sounding alarm bells after the Federal Reserve on Wednesday offered significant relief to some. bill.

Has the Mortgage Forgiveness Debt Relief Act Expired? Although the original Mortgage Forgiveness Debt Relief Act was only in effect through 2013, President Obama extended it through the end of 2016. Additionally, a group of U.S. Senators has introduced a bipartisan bill to extend these provisions.

Mortgage Forgiveness Debt Relief Act: 2015 and 2016 Update for Homeowners Regarding Foreclosure and Real Estate Short Sale. Initially a limited offer in 2007, the Mortgage Forgiveness Debt Relief Act protects homeowners facing foreclosure and real estate short sale from harsh income tax consequences.