Posts Tagged ‘mortgage’

Bankruptcy of Ally Mortgage Unit Raises Questions About Foreclosure

Ally Bank, formerly known as GMAC Mortgage, the nation's fifth-largest mortgage servicer, put its mortgage subsidiary Residential Capital into.

Homeowners Declaring Bankruptcy Protection Over Foreclosure Increases

The online lending industry website, Reallybadcreditoffers.com has revealed homeowners are seeking mortgage refinance options to save their homes and if unable, are choosing to declare bankruptcy rather than facing foreclosure.New York, NY (PRWEB) May 07, 2012 The popular online lending authority, Reallybadcreditoffers.com has announced an increase in home refinance inquiries, and alternatively …

Do I Owe Taxes After Short Sale or Foreclosure?

wellsrealtylaw.com – If I short sell my home, what tax consequences are there? Is there any tax relief for homeowners? Attorneys and Realtors discuss the effects of the Mortgage Forgiveness Debt Relief Act on Arizona short sale, foreclosure, and Trustee’s Sale, for principal and primary residences. http