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
CEO Ronald Faris is continuing to shrink the troubled company after experiencing a mountain of regulatory issues.
Homebuilding continues to fall behind pre-recession levels, even as the economy shows gains and buyer demand is high. So why the drag?
A new credit model could potentially add another $272 million in annual revenues for Fannie Mae and Freddie Mac and also increase the amount of mortgages made to Hispanic and African-American households.
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Ocwen has rejected efforts made by investors to remove the firm as the servicer of billions of dollars of mortgage pools.
The rate of homeowners who owe more on their mortgage than their homes are worth is stalled and even worsening in some places for the first time since the recession, according to a new Zillow report