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
Thirty-three percent of banks with assets under $50m would become unprofitable if they were to add just two extra compliance employees, according to a new report
Down payments are down nearly 10%, even as rates and house prices climb, a new report has indicated
An industry association has called for any reform to the secondary market to provide smaller lenders with equal access
A mortgage investment company has snagged a sales professional from a competing company to head its growing correspondent business in the Central region
The National Association of Home Builders has issued a warning to Congress not to make changes to existing housing tax incentives, for fear of dampening economic recovery
Home equity has come roaring back. Many, can now refinance, others, are in a better position to sell as the intense demand for real estate continues.