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Maryland Real Estate Guarantee Fund – Currently, when the Guarantee Fund falls below $250,000, all Maryland real estate licensees are assessed a fee to recapitalize the Fund. This bill would instead allow the Real Estate Commission to direct up to $500,000 of its unused budget allocations to the Fund, sparing real estate licensees from.
Important Real Estate Update for Property Owners: U.S. Senate Passes Mortgage Debt Forgiveness 7 Craziest Real Estate Stories of 2016 Mortgage Masters Group Important Real Estate Update for Property Owners: U.S. Senate Passes Mortgage Debt Forgiveness
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In one of its final actions before the holiday recess, the U.S. Senate passed the mortgage forgiveness debt relief act (H.R. 3648), which would remove the tax on "phantom income" when lenders forgive portions of the balances on mortgages of financially-stressed homeowners.