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2. Mortgage Forgiveness Debt Relief Act of 2007 - Wikipedia

   en.wikipedia.org/wiki/Mortgage_Forgiveness_Debt...

   The Mortgage Forgiveness Debt Relief Act of 2007 was introduced in the United States Congress on September 25, 2007, and signed into law by President George W. Bush on December 20, 2007. This act offers relief to homeowners who would have owed taxes on forgiven mortgage debt after facing foreclosure.

3. Subprime mortgage crisis - Wikipedia

   en.wikipedia.org/wiki/Subprime_mortgage_crisis

   From 2001 to 2007, U.S. mortgage debt almost doubled, and the amount of mortgage debt per household rose more than 63%, from $91,500 to $149,500, with essentially stagnant wages. [2] Economist Tyler Cowen explained that the economy was highly dependent on this home equity extraction: "In the 1993–1997 period, home owners extracted an amount ...

4. Government policies and the subprime mortgage crisis

   en.wikipedia.org/wiki/Government_policies_and...

   e. Government policies and the subprime mortgage crisis covers the United States government policies and its impact on the subprime mortgage crisis of 2007-2009. The U.S. subprime mortgage crisis was a set of events and conditions that led to the 2007–2008 financial crisis and subsequent recession. It was characterized by a rise in subprime ...

5. What to do when your mortgage forbearance period ends - AOL

   www.aol.com/finance/mortgage-forbearance-period...

   Mortgage forbearance allows you to pause your mortgage payments, usually for up to six months, when you are having a financial hardship. When forbearance ends, you may ask for an extension, modify ...

6. Mortgage Tax Break Days Away From Expiring - AOL

   www.aol.com/news/2012-12-24-mortgage-tax-break...

   By Les Christie A tax break that has saved struggling homeowners from paying thousands of dollars to the IRS is just days away from expiring. If the Mortgage Forgiveness Debt Relief Act of 2007 ...

7. Who qualifies for debt forgiveness? - AOL

   www.aol.com/finance/qualifies-debt-forgiveness...

   That’s where debt forgiveness comes in. Debt forgiveness is when a lender or creditor agrees to wipe out all or part of a debt. You may be able to apply if you have unsecured debts like credit ...

8. Student loans in the United States - Wikipedia

   en.wikipedia.org/wiki/Student_loans_in_the...

   In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...

9. Mortgage loan modification: What it is and how to get one - AOL

   www.aol.com/finance/mortgage-loan-modification...

   USDA loan modification: With a USDA loan, you can modify your mortgage with an extended term of up to 40 years, reduce the interest rate and receive a “mortgage recovery advance,” a one-time ...