belfasttelegraph Tuesday, 23 September, 2014

Mortgage Relief

Mortgage Relief

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  1. A Contra Costa County man accused of defrauding homeowners in California and elsewhere has been convicted in federal court in Sacramento for his role in a multimillion-dollar foreclosure rescue scheme. FULL ARTICLE AT The Sacramento Bee

  2. Congress is back from its summer vacation, so the burning financial question on thousands of homeowners' minds right now is this: Are you guys finally going to help out consumers ... FULL ARTICLE AT The Hartford Courant

  1. A new paper says that government policies to fund mortgage debt reduction for underwater homeowners are a less efficient use of government resources than other types of mortgage relief, including ... FULL ARTICLE AT Real Time Economics

  2. Former New Ken man gets 35-year sentence for mortgage help scam in Calif.

    A former New Kensington man will spend 35 years in prison for masterminding two nationwide “foreclosure rescue” scams that ripped off hundreds of desperate homeowners, ... FULL ARTICLE AT Pittsburgh Entertainment

  1. NEW YORK, Sept 4 (IFR) - Investors holding non-agency RMBS bonds could wind up with surprise losses if US mortgage debt relief legislation is not extended soon, but the measure has ... FULL ARTICLE AT Reuters

  2. A former Southern California man, described as the ringleader of one of the largest foreclosure rescue scams in the nation, was sentenced Wednesday in federal court in Sacramento to 35 ... FULL ARTICLE AT The Sacramento Bee

  3. Alleged mortgage relief scammer nabbed at wedding

    The man allegedly at the center of a sophisticated mortgage rescue scam that duped more than 50 suburban homeowners last year is on his way back to Chicago, following his ... FULL ARTICLE AT Chicago Tribune

About this topic

Wikipedia

Mortgage interest relief at source, or MIRAS, was a scheme introduced in the United Kingdom by Chancellor of the Exchequer Roy Jenkins in 1969 in a bid to encourage home ownership; it allowed borrowers tax relief for interest payments on their mortgage. In the 1983 Budget Geoffrey Howe raised the tax allowance from £25,000 to £30,000; unmarried couples with joint mortgages could pool their... Full Article At Wikipedia.org

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