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 lender will pay more than $1 million to a Florida couple for continuously robocalling them for four years after they fell behind on their mortgage payments.
This week is all about the FOMC policy statement and how the phrasing of the statement will be translated to when the Fed is going to begin increasing interest rates.
A U.S. bankruptcy court judge has dealt investors a possible 21-year setback in their battle with Lehman Brothers over losses on residential mortgage-backed securities.
Following a four-point uptick last month, confidence in the market fell, according to NAHB data released today. However, home builders appear to be more optimistic than the reality in the housing sector.
While many economists are predicting a rise in mortgage rates in 2015, Bank of America Merrill Lynch analysts are forecasting differently.
Asking prices are rising faster in Gen X, boomer, and senior markets than in millennial markets. But there’s a mismatch in where young adults live versus where they can afford to buy a home. For many millennials, homeownership will require moving to a cheaper market.