>House Votes to Eliminate 'Phantom Tax'
The law would give a tax break to financially-strapped home owners who are forced to pay an income tax on loans that have been forgiven or after a foreclosure.
>Mortgage Problems Hamper Pending Home Sales
Fewer contracts are being written because of mortgage availability issues, and some creditworthy people who are trying to buy can't because of the credit crunch, says NAR's senior economist.