House passes tax-relief bill for refinancing borrowers (The Hill)
Story date: 2007-10-04 03:38:59
Added on: 2007-10-04 17:00:19
In an attempt to help homeowners stuck with unaffordable loans, the House on Thursday overwhelmingly approved legislation to ensure that borrowers who refinance their mortgages do not get taxed on the loss of value in their home.
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