Jackson Hewitt(R) Alerts Homeowners Who Purchased, Refinanced or Made Renovations in 2007 That New Tax Laws May Have a … (PR Newswire via Yahoo! Finance)
According to Jackson Hewitt Tax Service , homeowners who either purchased of refinanced their homes in 2007 will find two noteworthy provisions available to them when filing their taxes — a new deduction for mortgage insurance premiums paid in 2007 and a new rule for mortgage debt that was forgiven last year.
Senate Moves Forward on Housing Aid Bill (New York Times)
The Senate voted overwhelmingly to proceed with legislation aimed at easing problems in the housing market.