The mortgage interest deduction allows homeowners to deduct the interest paid on a mortgage debt of up to $ 1 million on a primary residence and one additional residence. (cortlandmls.com)
Some homeowners have simply stopped paying on mortgage loans because they see no point in putting money into properties that have lost significant value. (loanbiz.com)
Although most of the robo - signing involved people who had stopped paying on mortgage loans, it appears that some homeowners are being targeted for foreclosure proceedings. (loanbiz.com)