Tag Archives: Congress

National Mortgage Complaint Center Warns About The US Residential Actual Estate Market place & Urges Congress To Restore The Property Purchasers Tax Credit That Consists of Investors

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(PRWEB) September 01, 2011

The National Mortgage Complaint Center is urging US Property of Representatives Speaker John Boehner to introduce immediate legislation that restores the Federal Tax Incentive Strategy for house buyers. Nevertheless, the group says, “the Federal Tax Incentive House Purchase System ought to not be restricted to 1st time residence buyers only. We believe a much more robust federal tax incentive plan is known as for, to contain not just 1st time property buyers, but all certified property purchasers, like investors. A person demands to step up to the plate to rescue the US residential actual estate markets, and leadership is required-now.” http://NationalMortgageComplaintCenter.Com

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The National Mortgage Complaint Center is now warning, “If a person in the federal government does not exert some leadership quickly, it may possibly be also late for the US residential true estate markets, and our economy. We appreciate the idea of totally free enterprise, and or threat, and return is lost on President Obama, but a person in DC had better begin thinking outside of the box now, or it could be too late to do something about the sinking US residential actual estate markets.” The National Mortgage Complaint Center is also warning, “Now would not be a time for the US Congress to permit President Obama, and former House Speaker Pelosi to make an Economic Social Statement, with one more insane plan that permits men and women not certified to acquire a property, to get a single. Now is the time to let the totally free enterprise method function, for certified buyers, with tax credits becoming the incentive for participation.” http://NationalMortgageComplaintCenter.Com

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The National Mortgage Complaint Center says, “On the topic of the US Federal Government, mortgages, and failure, we have a gigantic issue in Florida, and the intense US Southeast involving imported toxic Chinese drywall, and probably 200,000+ properties. Generally these homes turn into foreclosures, simply because of homeowner fears about overall health effects to themselves, or their youngsters. These fears are not unfounded. In a common Florida property, or condominium, that consists of toxic Chinese drywall, the electrical wires turn black, and copper tubes, or pipes also turn black, get pitted, and leak. The astonishing factor to us is in numerous to most situations US Taxpayer owned Fannie Mae gets the property as a foreclosure, and merely resells it to a new home purchaser, with the only disclosure becoming As Is. As soon as the Florida, or Gulf States foreclosure purchaser discovers the home includes toxic Chinese drywall, the house becomes a foreclosure all over once more. And President Obama is contemplating obtaining the US Federal Government into the mortgage enterprise? Has absolutely everyone in Washington, DC lost their minds? President Obama has but to mention the toxic Chinese drywall disaster in Florida, or US Gulf States a single time in public, soon after practically three years in office?” http://NatonalMortgageComplaintCenter.Com

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For much more info about the imported toxic Chinese drywall disaster please check out http://ChineseDrywallComplaintCenter.Com

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Connected Loan Modification Press Releases

Chinese Drywall Complaint Center Demands President Obama & Congress Show Up to the Chinese Drywall Disaster in Florida & Gulf States

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(PRWEB) May 23, 2011

The Chinese Drywall Complaint Center says, “We have been working on the toxic Chinese drywall disaster, complete blast for two years, always considering President Obama, and his US Federal Government would ultimately show up in a meaningful way to assist the tens, and tens of thousands of fully innocent homeowners, and youngsters, stuck in toxic Chinese drywall hell all through the extreme US Southeast. We have been incorrect-President Obama, and the US Congress are no-shows.” The group says, “If any one particular wants to speak about bureaucratic incompetence, we actually require to mention the Obama Administration’s US Consumer Items Security Commission. Toxic Chinese drywall is going to prematurely kill thousands of innocent US homeowners in the US Southeast, and not 1 sheet of toxic Chinese drywall has been recalled, and the comments from this so called Items Security Commission contain the notion that blackened copper electrical wires can be saved, in properties in Florida, Alabama, Mississippi, Louisiana, Southeast Texas, and Virginia that include toxic Chinese drywall? Ever seen what copper wires, or copper air conditioning coils appear like in a toxic Chinese drywall property-they turn black, they get pitted, and in the case of copper air conditioning coils they also leak. Now that’s got to be excellent for someone’s overall health!” http://ChineseDrywallComplaintCenter.Com

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The Chinese Drywall Complaint Center says, “On the topic of remembering President Obama’s disastrously inadequate response from his federal government, and his pledge, that never ever once again will we let bureaucratic incompetence leave disaster victims stranded and alone, we are saying where’s the change? It took James Carville blasting President Obama’s failure to lead on the BP Deepwater Horizon oil spill to ultimately get a federal response in 2010. Sadly, there is no a single of James Carville’s stature to step up for the thousands, upon thousands of property owners in Florida, Alabama, Mississippi, Louisiana, Southeast Texas, and Virginia living in toxic Chinese drywall hell. How extended will President Obama continue to ignore the imported toxic Chinese drywall disaster?” http://ChineseDrywallComplaintCenter.Com

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So what is needed now? The Chinese Drywall Complaint Center says, “Current property owners stuck in a toxic Chinese drywall house in Florida, Alabama, Mississippi, Louisiana, Southeast Texas, and Virginia all need to get meaningful loan modification for their homes, from their bank, or loan servicing firm. We also believe the US EPA has to come up with a standardized remediation protocol, so that the repairs, or remediations of toxic Chinese drywall properties are accomplished correctly, and we think the Obama Administration demands to submit to the Chinese government the bill for this mess.” The group says, “The national press has not precisely jumped all more than this imported toxic Chinese drywall story. Even so, at some point this story will get told, and we think when the nation gets a very good sense of the scope, and size of this disaster, its going to get ugly. How lengthy does the Obama Administration get a free pass on their failure to do anything meaningful to assist the tens, and tens of thousands of US victims of imported toxic Chinese drywall disater?” http://ChineseDrywallComplaintCenter.Com

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Discover A lot more Loan Modification Services Press Releases

Apollo Monetary Group Lobbies Congress – Requests Assessment of Legislation Relating to Taxation of Loan Modifications

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New York, NY (PRWEB) October 31, 2012

by Bill Cooper Anderson

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For instant release

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Apollo Economic Group lobbies Congress to request review of legislation on taxation to the debt holder supplying loan modifications on acquired debt.

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Earnings tax law makes federal government complicit in home foreclosures against American property owners.

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A federal earnings tax law on loan modifications is producing mortgage holders and investors pay taxes for revenue they have not received.

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The law says any time loans like mortgages are modified, the modified loan may be subject to earnings tax. The tax has to be paid even though the modified loan has not generated the earnings getting taxed. This is known as a phantom earnings tax. The law is Title 26 of the IRS Code, 1.1001-3

Apollo Financial Group Lobbies Congress – Requests Review of Legislation Regarding Taxation of Loan Modifications

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New York, NY (PRWEB) October 31, 2012

by Bill Cooper Anderson

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For immediate release

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Apollo Economic Group lobbies Congress to request assessment of legislation on taxation to the debt holder offering loan modifications on acquired debt.

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Revenue tax law tends to make federal government complicit in house foreclosures against American homeowners.

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A federal revenue tax law on loan modifications is making mortgage holders and investors spend taxes for revenue they have not received.

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The law says any time loans like mortgages are modified, the modified loan might be subject to revenue tax. The tax has to be paid even although the modified loan has not generated the earnings getting taxed. This is recognized as a phantom income tax. The law is Title 26 of the IRS Code, 1.1001-3

Homeowners Customer Center Now Warns If The Congress Fails To Extend Mortgage Forgiveness Tax Provisions It Will Be A New Disaster For All US Home owners & The US Economy

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(PRWEB) November 19, 2012

The Home owners Consumer Center is now warning that without a Congressional, and Obama Administration extension of the current mortgage debt forgiveness federal tax provisions for homeowners who do a loan modification, a short sale, a deed in lieu, or go by way of a foreclosure, and acquire a principal reduction in what they owe their lender anytime following December 31st 2012- the homeowner is going to get hit with a federal tax bill. The principal reduction received by the homeowner after December 31st 2012 will be treated as revenue by the US IRS. The Property owners Customer Center says, “We worry if the US Congress does not move quickly to extend the mortgage debt forgiveness tax provisions immediately, we could finish up with a stampede of US property owners walking away from their houses prior to December 31st 2012-with the net outcome reduced residential actual estate costs nationwide, that are brought on by a tidal wave of new residence foreclosures-or in this case deed in lieu of foreclosures. We’d call this a disaster, for the US housing markets, the US economy, and for all US property owners. We’d also get in touch with it a bipartisan should do-extend this now.” http://HomeownersConsumerCenter.Com

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Important Note from the Property owners Customer Center:”Who need to be worried about Congress, and the Obama Administration failing to extend the Mortgage Debt Forgiveness Tax Provisions? Answer: All US property owners who owe a lot more on their property than it is worth, all US genuine estate agents, all US Certified Public Accountants, all US tax planners, all US bankruptcy attorneys, all US banks, or mortgage lenders, all investors that personal mortgage back securities, and all US property owners who recognize a sudden surge of millions of US home owners walking away from their properties in December of 2012 additional devalue the already challenging hit US residential actual estate markets.” http://HomeownersConsumerCenter.Com

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On March 1st 2012, CNN Funds wrote, “The number of home owners who have fallen underwater on their mortgages-owing more than their properties are worth — climbed to 11.1 million in the final three months of 2011, a three.7% increase. Those in this upside-down position, also known as unfavorable equity, represent 22.eight% of home owners with mortgages. The count rose from 10.7 million borrowers (22.1%) only 3 months earlier, according to a report from CoreLogic.” The Homeowners Customer Center says, “Considering that the re-election of President Obama has anybody else noticed the lay off notices getting described in the enterprise sections of many US newspapers? What takes place to the 22.8% of all US homeowners, who are upside down on their house mortgage when they all of a sudden comprehend-if they never stroll away from their properties now-they may possibly get taxed on a principal reduction in 2013? At this moment we are saying if the US Congress, and the Obama Administration do not wake up now, and extend the Mortgage Forgiveness Tax Provisions now-we are going to have a truly big mess on our hands, and its going to begin extended prior to December 31st 2012.” http://HomeownersConsumerCenter.Com

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Connected Loan Modification Press Releases

Homeowners Consumer Center says Its Crucial Congress Extend The Mortgage Tax Forgiveness Provisions Now-Or Millions Of Upside Down US Home owners May well Stroll From Their Properties

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(PRWEB) November 26, 2012

The Homeowners Customer Center is urging the US Congress, and President Obama to right away extend the Mortgage Forgiveness Tax Provisions that are set to expire at midnight December 31st 2012. The group fears millions of US homeowners, who owe far more on their home than it is worth have no clue that without having this extension prior to midnight December 31st 2012, they could get a giant tax bill if they attempt to do a loan modification, a brief sale, go via a foreclosure in 2013-if a reduction in the principal of the mortgage is involved. The Home owners Consumer Center says, “We do not think most existing underwater US property owners realize that without this mortgage forgiveness tax provision extension they, or their neighbors are about to get hit with what could be a gigantic federal tax bill, need to they do a short sale, a loan modification, or a deed in lieu of foreclosure-that requires a mortgage principal reduction in what they owe their mortgage lender. With out an extension of this bill, anytime right after December 31st 2012, if a homeowner receives any variety of principal reduction from their mortgage lender-they are going to be taxed by the IRS on whatever the principal reduction was-as if it was income. Without an quick extension of this legislation we worry there could be a stampede of US home owners undertaking a deed in lieu, and walking away from their home prior to December 31st 2012.” http://HomeownersConsumerCenter.Com

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The Home owners Customer Center believes its not just the US home owners who owe much more on their properties than they are worth that will be the only casualties if the Mortgage Forgiveness Tax Provisions are not extended by the US Congress &amp the Obama Administration. The group believes further casualties incorporate:&#13

All US homeowners. The Homeowners Consumer Center says, “If we get millions of new deed in lieu of foreclosures prior to December 31st 2012 since the US Congress did not extend the Mortgage Forgiveness Tax Provisions-it lowers the value of all US residential real estate markets nationwide.” &#13
The thousands of real estate agents that specialize in quick sales would all of a sudden be unemployed. What homeowner is going to do a brief sale on their under water residence if they get taxed on the principal reduction-as ordinary income? &#13
Mortgage lenders, banks, mortgage brokers, and law firms that specialize in loan modifications will also be joining the unemployment lines-what homeowner-who owes far more on their residence than it is worth would want to do a loan modification if the principal reduction is taxed as ordinary earnings? &#13
A sudden influx of millions of instant deed in lieu of house foreclosures prior to December 31st 2012 could be disastrous for the US economy, and worldwide economic markets.

The Home owners Consumer Center says, “What occurs to the 22.eight% of all US property owners, who are upside down on their property mortgage when they all of a sudden realize-if they do not stroll away from their homes now-they may get taxed on a principal reduction in 2013, if they do a loan modification, a quick sale, a deed in lieu, or anything involving a principal reduction from their bank? At this moment we are saying if the US Congress, and the Obama Administration do not extend the Mortgage Forgiveness Tax Provisions now-we are going to have a gigantic mess on our hands, and its going to start off extended ahead of December 31st 2012.” http://HomeownersConsumerCenter.Com

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Property owners Consumer Center Fears Millions of Underwater US Property owners Could Owe New IRS Taxes If Obama and Congress Fail To Extend Mortgage Forgiveness Debt Relief Act

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(PRWEB) December 20, 2012

The Homeowners Consumer Center is urging President Obama, and the US Congress to immediately extend the Mortgage Forgiveness Debt Relief Act now, ahead of time to do so comes, and goes. Without having an extension of this law over ten million existing US homeowners, who owe far more on their house than it is worth could get hit with a enormous IRS tax bill, should they do any variety of loan modification, a deed in lieu of foreclosure, a short sale, or anything else that entails a mortgage principal reduction from their mortgage lender in 2013. The Home owners Consumer Center says, “We worry most US property owners are not conscious of the truth that without having an extension of the Mortgage Forgiveness Debt Relief Act by President Obama, and the US Congress, any sort of principal reduction by a bank involving a loan modification, a brief sale, a deed in lieu of foreclosure, or foreclosure will be treated as ordinary earnings by the US IRS. Just as an example if you live in Las Vegas, Los Angeles, Oakland, Miami, Chicago, Cincinnati, Phoenix, Saint Louis, Atlanta, Minneapolis, Memphis, Boston, or any other US city, and town, and your lender, or mortgage loan servicing firm agrees to a mortgage principal reduction as part of a loan modification, or a short sale-the mortgage principal reduction will be treated by the IRS as ordinary revenue by the US IRS. Is this actually what President Obama meant when he mentioned Forward for the duration of his 2012 presidential campaign?” http://HomeownersConsumerCenter.Com

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According to Bloomberg News on November 29th 2012, “The Mortgage Debt Relief Act of 2007 enables borrowers to avoid paying revenue taxes on the amount of principal thats forgiven as part of a loan modification or in the course of a brief sale in which they sell their houses for significantly less than they owe. If the measure expires, home owners would have to count such debt reduction as money they earned.” http://HomeownersConsumerCenter.Com

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The Property owners Consumer Center believes casualties from President Obama, and the US Congress failing to extend the Mortgage Forgiveness Debt Relief Act will incorporate:&#13

The Homeowners Consumer Center says, “What happens if President Obama’s Tax the Rich presidential campaign theme backfires, and the US economy tanks since of elevated taxes on little enterprise owners, or farmers? We think unemployment goes up. We also feel upside down homeowners will be forced to stroll away from their homes in droves. How does a newly unemployed person spend his, or her principal reduction IRS tax bill, if they no longer are employed?” &#13
More US property foreclosures, and far more instability in the US housing markets. &#13
Thousands of real estate agents that specialize in short sales could suddenly be unemployed. What homeowner is going to do a short sale on their below water house if they get taxed on the principal reduction-as ordinary earnings? &#13
Mortgage lenders, banks, mortgage brokers, and law firms that specialize in loan modifications will also be joining the unemployment lines-what homeowner-who owes more on their residence than it is worth would want to do a loan modification, if the principal reduction is taxed as ordinary revenue?

The Property owners Consumer Center says, “What happens to the 22.eight% of all US homeowners, who are upside down on their house mortgage when they all of a sudden understand-if they never stroll away from their houses now-they may well get taxed on any sort of principal reduction in 2013, if they do a loan modification, a brief sale, a deed in lieu, or something involving a principal reduction from their bank? At this moment we are saying if the US Congress, and the Obama Administration do not extend the Mortgage Forgiveness Debt Relief Act-now-its not just rich men and women who could be facing a enormous tax improve in 2013, it could also be almost 25% of our nations homeowners.” http://HomeownersConsumerCenter.Com

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Dr. Titus Wong to Speak at International Photodynamic Association World Congress in Seoul

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Vancouver, British Columbia (PRWEB) May 27, 2013

Ondine Biomedical Inc. announces that Dr. Titus Wong of the Vancouver Common Hospital, will be speaking at the Planet Congress of the International Photodynamic Association (IPA) on Might 28th through Might 31st, 2013. Dr. Wong will be describing the protocols and rewards of Photodisinfection. Dr. Wong and his team had been lately awarded the inaugural John Conly Innovation award at the 2012 AMMI-CACMID conference, recognizing a novel and creative strategy to enhance patient safety and public well being in Canada.

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With growing worldwide recognition, MRSAid Photodisinfection Program has grow to be one of the most worthwhile technologies offered in stopping surgery-associated infections. Photodisinfection is a broad spectrum antimicrobial topical therapy that has been confirmed for decades to immediately and safely eradicate dangerous pathogens such as antibiotic resistant superbugs. Vancouver Common Hospital’s use of MRSAid’s innovative universal pre-surgical protocol resulted in a 39% reduction in surgical website infections and $ 1.9 million in cost savings.

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The IPA Planet Congress is a biannual conference highlighting the advances in scientific and clinical investigation about the globe. This year’s Congress is being held Could 28th to Might 31st, 2013 at the Ritz-Carlton Hotel, Seoul, Korea. Worldwide leaders in the field of PDT and their perform will be represented throughout this occasion. Clinicians, scientists, researchers, hospital administrators, students are welcome to participate at this year’s conference.

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About International Photodynamic Association

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The IPA was founded in 1986 and its membership consists of the most prominent international clinicians and scientists involved in performing and researching photodynamic therapy (PDT) and photodiagnosis (PD). The objective of the IPA is to promote the study of diagnosis and treatment employing light and photosensitisers, to disseminate such details to the members of the IPA, the healthcare community and to the general public. The IPA organises an International Congress every two years to highlight leading investigation activities in the clinical and basic study aspects of PDT.

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About Ondine Biomedical Inc.

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Ondine is creating non-antibiotic therapies for the treatment of a broad spectrum of bacterial, fungal and viral infections. The Organization is focused on building major edge items utilizing its patented light-activated technologies. Photodisinfection provides broad-spectrum antimicrobial efficacy with out encouraging the formation and spread of antibiotic resistance. The Company is based in Vancouver, British Columbia, Canada, with Study and Development laboratories in Bothell, Washington, USA and Minneapolis, Minnesota. Please go to the Company’s internet site at: http://www.ondinebio.com and http://www.ondineblog.com. For further info please make contact with us at: Ondine Biomedical Inc. information(at)ondinebio(dot)com.

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