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 complaint says the lender has discriminated against minority and female borrowers for more than a decade with the aim of recording higher earnings. The lawsuit is the latest in accusing a big bank of discriminatory lending that harmed a major city.
The bond and MBS markets are in good technical shape now, but rates are expected to decline more as long as the economic news here and globally continue to slow.
The housing crisis made many skeptical of lenders as well as of financial service providers. So, how do rebuild the public's trust and restore its confidence in the industry?
Mortgage applications decreased across the board as the nation begins to prep for the holidays.
Ever wonder where turkeys lucky enough to survive Thanksgiving can be found?
An estimated $190 billion in HELOC loans will reset between the fourth quarter and 2017. Will the payment shock cause a wave of defaults and negatively impact bank balance sheets and the mortgage market?