WASHINGTON, D.C. – November 29, 2012 – (RealEstateRama) — The Center for Responsible Lending and the Financial Services Roundtable today asked Congress to extend the Mortgage Forgiveness Debt Relief Act, which is set to expire at year’s end. “This tax law has bi-partisan support and is critical to helping homeowners and communities struggling with the ongoing foreclosure crisis,” the two organizations said in joint letters to House and Senate leaders. “Furthermore, the housing market is beginning to show signs of a recovery, and expiration of this law would threaten the recovery.”
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