After Bear catharsis, MBS a win for investors - Reuters
NEW YORK (Reuters) - The $4.5 trillion market for the most basic mortgage-backed securities that spread destruction across Wall Street in March has turned into the best place for a bond investor to be. Mortgage bonds issued and guaranteed by Fannie …
Canceled debt may bring big tax bill from IRS - Chicago Tribune
Bills are piling up to the point where you dread opening your mailbox. If only your creditors would forgive your debt. Sometimes, they will but even then your money troubles might not disappear. Canceled debt in many cases is considered taxable …