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
MBS markets opened slightly weaker today, and the National Federation of Independent Business's Optimism Index hit its highest level since 2007. All this and more in today's rate snapshot
The industry recorded nearly 9,000 job cuts in the first quarter. That's far below Q4's 22,000, but still more than 207% higher than a year ago.
Bank of America is reportedly negotiating a deal with the federal government and several states that could result in a $12 billion settlement over the institution’s mortgage banking practices
The difference between success and failure can come down to effective management
Inlanta Mortgage has been named a top workplace by the Milwaukee Journal Sentinel
Bank directors should be held responsible for meeting their companies’ regulatory goals, a top Federal Reserve official said Monday