The National Association of REALTORS has launched a nationwide Call for Action on "The Mortgage Forgiveness Tax Relief Act." This bill would extend an expired provision that has helped millions of distressed American families by allowing tax relief for homeowners when lenders forgive some portion of the mortgage debt they owe. The provision expired last December 31 and it is imperative to get it extended before impacted homeowners have to file their 2014 income tax. The Call for Action asks all REALTORS to contact their member of Congress and United States senators and urge an immediate vote.

New York currently has a 10-percent response rate. Please take action now on this very important issue!