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
The nation lost $6.3 trillion between 2007 and 2011, but total home values have increased for the past three years in almost every major metro area in the country. However, the average value of homes is still below its 2006 peak.
U.S. equities jumped 5% in the past three sessions as Fed Chair Janet Yellen said the central bank will likely hold key rates near zero at least through the first quarter, even as the U.S. economy strengthens.
The real estate market is going to continue to pick up; properties are still affordable and rates are still good. How do I get into this market? Should I do loans or real estate or both?
Could other states soon follow? Proponents claim the changes will cut costs for mortgage professionals in the state, while critics say they would dilute protections for borrowers.
And so it begins. Mortgage companies are beginning to announce their options for home buyers that will allow for down payments as low as 3%
Quite possibly. A newly formed mortgage company set its eyes on standing out and did just that with a unique promotion and video to go along with it.