Changing Midstream

There’s nothing wrong with changing your mind. It happens all the time. Even if someone spent a considerable amount of time evaluating a situation and coming to a conclusion, sometimes things change during the course of events and the original plan must be scrapped. That can happen with a mortgage application as well; but when [...]

Mortgage Forgiveness Debt Relief Act: Last Leg

  "Attached is a story from the Chicago Tribune that you should know about and discuss with / forward to all the agents in your office.  Currently, the Mortgage Forgiveness Debt Relief Act of 2007 allows homeowners to exclude the amount of the loan forgiven in short sales and foreclosures.  This means that, following a [...]