The U.S. House of Representatives this week passed a bipartisan tax bill that included an expansion of the Low-Income Housing Tax Credit (LIHTC) program, a move lauded by housing advocates including the Mortgage Bankers Association (MBA) and the National Housing Conference (NHC).But political observ

United Bank will consolidate its mortgage subsidiaries into one unified mortgage business amid the housing industry struggles with elevated interest rates.United Bank has been delivering mortgage services through three channels, including two mortgage subsidiaries — Crescent Mortgage Co. and George

The report on the Home Equity Conversion Mortgage (HECM) book of business inside the Mutual Mortgage Insurance (MMI) Fund was another positive overall development for the program, with the estimated economic net worth of the HECM MMI at $15.368 billion, according to the Federal Housing Administratio

In a bizarre turn of events, the National Association of Realtors posted, then removed before reposting, a video featuring the trade group’s interim CEO Nykia Wright “setting the record straight” on agent commissions.The video was first posted on Wednesday around 9 a.m. ET before being removed rough