We’ve noticed a significant number of users have been accessing Housing Doom on their mobile phones, and have launched a new mobile version of our site. The new site is optimized for mobile phones (including a special version for the iPhone) – it should load significantly faster. You can also check the latest Housing Doom news by sending the text message "Doom" to 41411 – it will reply with the title and beginning of the latest article. We are also accepting advertisers for the mobile site.
We’ve got some smart readers out there, and we have a question for you. Prior to the Mortgage Forgiveness Debt Relief Act that was enacted in December of last year, lenders could issue a 1099 as a result of modification of the terms of the mortgage, or foreclosure on your principal residence. This is not true for all mortgages however. I received the following question: It’s my understanding the Mortgage Relief Act only applies to purchase loans for owner occupied properties. The following loans are excluded: -second homes -investment homes -cash out refis of any type(over the original mortgage…
Read more…
Bubble Meter
UK House Bubble
Northern Virginia Housing Bubble Fallout
Ohio Fraudclosure
Mish's Global Economic Analysis
Breaking News Relevant Articles© Copyright 2012 Housing Doom | Copyright© 2011, AuthentiCraft, Inc.