Hi Everyone!
Just so you are all aware, a law did pass on Dec 20 in which President Bush signed it into law a 3-year moratorium on the IRS collecting on the forgiven mortgage debt Per Rep Kline’s office, congress is trying to make it permanent, but for now it is 3 years Follow this link below to see the story from the White House there are links to the stories on the right side of the page. I’m sure that being so close to the holidays, many missed the news.
http://www.whitehouse.gov/infocus/homeownership/
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