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Old 02-19-2009, 08:47 AM
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Default Is it true that the new stimulus bill for...

...foreclosures will help ARM loans.? My CPA claims only those with ARM mortgages are being helped not those with fixed loans. Is it also true that a 1098 will be mailed out to those who went into foreclosure, capital gains, you will be forgiven the debt but the difference will be taxed as income is this true. If that is the case there will be lots of bankruptcies.
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