The housing market is on firmer ground today, as two major tax provisions survived the “fiscal cliff,” CNBC reports. Congress did not touch the mortgage interest deduction, and it extended tax relief for one year on mortgage debt forgiveness.
Housing market avoids potential fiscal cliff downfalls
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Longtime reverse mortgage leader Scott Norman appointed CEO of Texas MBA
Norman has had an influential role in the reverse mortgage industry, including five terms as co-chair of NRMLA.