Congress could be homeowners’ Grinch this Christmas
Republicans controlling the tax-writing committees in the House and Senate say they have no plans to extend expiring tax code provisions such as mortgage debt forgiveness for financially troubled owners, mortgage insurance write-offs used by moderate-income first-time buyers, and deductions for purchases of energy-saving windows, insulation and other improvements.
All three benefits terminate Dec. 31. Unlike previous years when Congress extended them, this year is different...
