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
Most lenders don't adequately pursue self-sourcing to achieve successful results; those that do, however, are richly rewarded
The commissioner of the FHA is leaving to take a professorship in what MBA head David Stevens is calling 'a great loss for the industry'
Delinquencies were down for the fifth straight quarter, reaching their lowest level in nearly seven years
The stock market opened strong this morning, and MBS were up 6 basis points from Friday's close. This and more in today's rate snapshot
The announcement Friday that FICO would revamp the way it calculates credit scores was hailed by industry pros as good news for home ownership. But could the change actually be setting consumers up to fail?
Inaccurate title information has contributed to wrongful foreclosures and caused stumbling blocks in the transition of assets to the secondary market