Mortgage Forgiveness

Rental Property Owners Preservation Fund

2020-08-11T18:54:52-07:00August 11th, 2020|COVID-19, Landlord, Legislative Update, Mortgage Forgiveness, Multi-family|

The Rental Property Owner Preservation Fund (RPOPF), established by the Governor’s Office, provides assistance to rental property owners across the State of Arizona who are facing rental income issues due to the COVID-19 pandemic. A property does not have to be at risk of foreclosure in order to be eligible for this funding. This program [...]

Congress Passes Extension of Short Sale Tax-Break in Year-End Budget

2019-03-05T23:44:13-07:00January 19th, 2016|Debt Relief, Foreclosure, Legislative Update, Mortgage Forgiveness|

Just before Christmas, Congress passed and the President signed a year-end omnibus budget bill thatincluded over $1 trillion and new spending as well as over $600 billion in tax cuts. Included in those tax cuts was an extension of a tax-break for homeowners relieving them of paying income tax on thedifference between what they owe [...]