Posts Tagged ‘Homeowners’

Four Million Homeowners Denied HAMP Loan Modifications, More Changes Coming?

Think it’s hard to get a mortgage? How about a loan modification via the Treasury’s Home Affordable Modification Program (HAMP). A new report from SIGTARP, which stands for Special Inspector […]

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California Homeowners Finally Get Tax Relief for Mortgage Debt Forgiven in 2013

It took a lot longer than expected, but California homeowners who received mortgage debt relief last year won’t be on the hook for state taxes tied to so-called phantom income. […]

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Despite Low Rates, Nearly Half of Homeowners Haven’t Refinanced Their Mortgages

At a time when mortgage rates are still in the bargain basement, one would think that a large majority would be taking advantage by refinancing their old mortgages. But that […]

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Nearly 5 Million Homeowners Have Escaped Negative Equity Since 2012

A new analysis from Zillow revealed that 1.4 million mortgaged homeowners got their heads above water during the third quarter, the largest quarterly drop in negative equity (and fastest pace) […]

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Nearly Half of Homeowners Are Waiting for Home Prices to Rise Further Before Selling

Despite new fears that the latest housing boom may have run its course, many homeowners are apparently waiting for further home price gains before they list, according to the July […]

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The Good News and Bad News About Underwater Homeowners

An interesting report was released today by Zillow, which noted that despite recent home price gains, underwater homeowners still collectively owe more than $ 1.2 trillion more on their mortgages […]

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