Chuck Schumer actually said...

So, this is becoming more and more of a problem, and I imagine, and this is Dr. Schneck more than anything else, it is a geopolitical proble...

Extending the income tax exemption on mortgage debt forgiven in a short sale or a workout for principal residences provides homeowners with ...

Unfortunately, the expiration of the tax provision that exempts this income from taxation encourages families to simply walk away and accept...

Today, more than 5 million families remain in a home with a mortgage that is 'underwater.'