Freddie Mac reported a four-basis-point increase in the average 30-year fixed mortgage rate
The lender expects to close its latest purchase by March
The lawsuit could pave the way for punishing other banks for bad behavior tied to the recession.
President Barack Obama signed into law a bill that includes deductions for mortgage insurance premium interest and tax relief on forgiven mortgage debt.
The mortgage industry has had a busy year in 2014, from celebrities committing fraud, big-named lenders paying major fines, to the bevy of regulation changes, here are the stories that received the most clicks on MPAMag.com.
A title agent knows a lot of realtors. Therefore, if you are already a producing loan officer, you should be loyal and refer business to a settlement company that does a great job for your clients.
The Case/Shiller 20-City home price index was released this morning and the take away, at least by many, is that smaller increases in home prices will make home purchases more affordable to more Americans. That of course assumes that consumers are really interested in buying a home.
Christmas is here and it’s time to take a break from your mortgage business – unless you are financing the one house with building materials undoubtedly tastier than bricks and mortar: the gingerbread house.