3648 covers any mortgage relief from Jan. 3648 would eliminate the tax implication of mortgage debt relief. H.R. Here are two articles from the CAR website about our governments approach to the mortgage downturn: CONGRESS PASSES MORTGAGE RELIEF ACT Congress approved a bill offering tax relief to struggling homeowners Tuesday, paving the way for final signature by the President of the Mortgage Forgiveness Debt Relief Act of 2007. H.R. 1, 2007, and will continue to cover mortgage debt relief Another thing is that mortgage brokers can be more resourceful than banks. Because mortgage brokers do not work for only one company, they have more access to mortgages and loans. Greater suitability and better mortgage options are what mortgage brokers bring to their customers.