Legislation Intended to Prevent Tax Increases on the Beneficiaries of the Mortgage Settlement Agreement

Washington, D.C – April 4, 2012 – (RealEstateRama) — U.S. Representatives Shelley Berkley (D-NV), Jim McDermott (D-WA) and John Larson (D-CT) introduced the “Homeowners Tax Fairness Act” today to protect homeowners and servicemembers who were wrongly foreclosed on and entitled to relief under the historic national mortgage settlement from additional tax burdens.