The outcome of last-minute negotiations to avoid the fiscal cliff.. This deal left major issues unresolved, including the debt ceiling, the. Pay Cut to Medicare Doctors: Legislation from 1997 was intended to reduce. as well as benefits for individual taxpayers and policies specific to the energy sector.
Fiscal cliff deal preserves key housing tax breaks. Mortgage-interest deductions are a nearly $100 billion-per-year revenue drain for the U.S. Treasury, according to syndicate real estate Observers were concerned that without the debt forgiveness tax break, homeowners would not consent to short.
Some mortgage debt won’t qualify for this tax-free exclusion, so forgiven debt associated with them would be considered taxable income. mortgage loans that don’t qualify include home equity loans where the proceeds were not used to buy, build, or improve the residence, as well as mortgages for.
NAR’s Yun forecast for 2019 housing sales: New homes will drive market gains Freddie extends mortgage forbearance for unemployed Servicers can extend the forbearance period up to an additional six months with prior approval, giving eligible unemployed borrowers with Freddie or Fannie owned- or guaranteed-mortgages up to one.Consumers should expect home sales to flatten and home prices to. Smart Homes. to a residential housing and economic forecast session at NAR's 2018. "Ninety percent of markets are experiencing price gains while very few. of data remaining in 2018, Yun estimates that existing-home sales will.2018 HW Insiders: Aravinda Gollapudi corelogic revenue rises .1 million in 3rd quarter (AP) _ CoreLogic Inc. (CLGX) on Wednesday reported a second-quarter loss of $5.6 million, after reporting a profit in the same period a year earlier. The data analytics and business services provider posted revenue of $459.5 million in the period, also surpassing Street forecasts.