Modifying the popular deduction wouldn’t actually affect a majority of homeowners — but industry leaders are adamant that the MID is untouchable
Allied Home Mortgage Corp. and Allied Home Mortgage Capital, along with their CEO, have been slapped with multimillion-dollar penalties after a jury found them responsible for more than a decade of mortgage insurance fraud
A former employee claims the processor she worked for fired her because it feared she would tell one of its clients, JPMorgan, that employees share passwords that put borrower’s information at risk.
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The investigation adds a new challenge in the bank’s long-delayed sale to M&T Bank, which was also accused of discriminatory lending practices in February.
The association blamed unnecessary federal regulations for preventing first-time homebuyers from entering the market.
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The coming of new regulation never seems to end, and having an effective compliance management system has become an essential to running an effective organization in the industry.