Gov't Affairs Blog

Mortgage Interest Deduction, Once a Sacred Cow, Is Under Scrutiny

11/28/2012 3:38 PM | Anonymous
Reports out of Washington suggest that the Mortgage Interest Deduction may be one of the items addressed as part of any "Grand Compromise" to avoid the fiscal cliff.  If these deductions are eliminated or severely restricted it will have obvious negative impacts on the housing market -- so expect our friends at ALTA to be asking for our assistance with Congress if this goes beyond the "trial balloon" stage

 
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