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The Mortgage Forgiveness Debt Relief Act and Debt Cancellation
Jan 24, 2012 . The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence.
http://www.irs.gov/individuals/article/0,,id=179414,00.html

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Ten Facts for Mortgage Debt Forgiveness
Mar 3, 2011 . Normally, debt forgiveness results in taxable income. However, under the Mortgage Forgiveness Debt Relief Act of 2007, you may be able to .
http://www.irs.gov/newsroom/article/0,,id=205004,00.html

Mortgage Forgiveness Debt Relief Act of 2007 - Wikipedia, the free ...
The Mortgage Forgiveness Debt Relief Act was introduced in Congress on September 25, 2007, and became law on December 20, 2007. This act offered relief .
http://en.wikipedia.org/wiki/Mortgage_Forgiveness_Debt_Relief_Act_of_2007

Mortgage Forgiveness Debt Relief Act of 2007 (2007; 110th ...
Dec 20, 2007. H.R. 3648 (110th). To amend the Internal Revenue Code of 1986 to exclude discharges of indebtedness on principal residences from gross .
http://www.govtrack.us/congress/bills/110/hr3648

The Mortgage Relief Act of 2007 and the Rescue Act of 2008
Oct 9, 2008 . First, in December 2007, the Mortgage Forgiveness Debt Relief Act of 2007 ( Mortgage Relief Act) was enacted. While the Mortgage Relief Act .
http://www.cpa2biz.com/Content/media/PRODUCER_CONTENT/Newsletters/Articles_2008/Tax/relief.jsp

Additional findings from the survey are:

  • Why The 2007 Mortgage Relief Act Must Get Extended
    Jan 31, 2012 . On December 20, 2007, H.R.3648 Mortgage Forgiveness Debt Relief Act was signed into law to relieve distressed homeowners from having to .
    http://www.shortsalene.com/2007-mortgage-relief-must-get-act-extended/

  • Canceled Debt & Mortgage Forgiveness
    Canceled debt on a main home may be tax-free, providing welcome tax relief to . relief under a new tax law, the Mortgage Forgiveness Debt Relief Act of 2007.
    http://taxes.about.com/od/income/qt/canceled_debt.htm

On introductory bonuses, the survey found that:

  • Will Mortgage Forgiveness Debt Relief Act Be Extended?
    Feb 21, 2012 . Many of our readers have asked whether or not we believe the Mortgage Forgiveness Debt Relief Act of 2007 will be extended past its current .
    http://www.kcmblog.com/2012/02/21/will-mortgage-forgiveness-debt-relief-act-be-extended/

How the 2007 Mortgage Relief Act Affects Short Sales - Fact Series ...
Jul 21, 2011 . http://www.shortsalene.com/2007-mortgage-relief-act-affects-short-sales-video/ In this video John McGeough of McGeough Lamacchia Realty .
http://www.youtube.com/watch?v=-hzCWxtqopU

H.R. 3648 Mortgage Forgiveness Debt Relief Act of 2007
Mortgage Forgiveness Debt Relief. Act of 2007. September 26, 2007. Permanent exclusion from gross income of discharged home mortgage indebtedness. The .
http://democrats.waysandmeans.house.gov/media/pdf/tax/Markup_Summary2a.pdf

For more information for boomer consumers, see my blog 2008 fbi investigation mortgage fraud.

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