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
A California family is staying in its home after a local TV station’s investigation demonstrated that they had been illegally foreclosed on by a company that’s been under scrutiny for hasty foreclosures before
CFPB director Richard Cordray has claimed that the pre-crisis lack of oversight in areas of the mortgage market let consumers down, and has defended the role of the CFPB
President Barack Obama's top choice for Federal Reserve chair has withdrawn his name from contention, saying his confirmation was likely to be 'acrimonious'
One of the nation’s largest lenders will spend billions this year to put the lid on its compliance problems
A New York State Supreme Court justice said Tuesday that Bank of America’s Merrill Lynch mortgage unit will have to defend a lawsuit over $1bn worth of mortgage-backed securities
This week’s deluge in Boulder, Colo., shattered a 73-year-old rainfall record and triggered the mandatory evacuation of some 7,000 households, but despite what nature was throwing at them some area mortgage originators soldiered on.