All posts tagged mortgage insurance


CFPB: Mortgage insurers to pay $15.4 million to end kickbacks

The Consumer Financial Protection Bureau (CFPB) today announced four enforcement actions to end what the Bureau believes to be improper kickbacks paid by mortgage insurers to mortgage lenders in exchange for business.

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The low-down on big down payments

SUSIE SHORTSLEEVE - You can buy a home with as little as 3 percent down, thanks to federal government loans and others with eased restrictions. Low-down payment mortgages are


Congress passes fiscal cliff bill with mortgage debt forgiveness tax relief, home-related tax benefits intact

The U.S House of Representatives followed the U.S. Senate vote, passing the fiscal cliff bill as drafted by the Senate. The House voted 256 for, 166 against the


Senate fiscal cliff bill retains mortgage cancellation relief, home-related tax benefits; House stalls for spending cuts

NATIONAL ASSOCIATION OF REALTORS - Tax rates would remain the same for most households and mortgage cancellation relief is extended in a budget package passed by the U.S.


FHA to raise mortgage insurance premiums, prolong premium payment period

If you are considering a Federal Housing Administration (FHA) mortgage, do so before new, costlier changes take effect. The FHA plans to hike mortgage insurance premiums (MIP) -


Congress to consider extending Mortgage Debt Relief Act, renewing mortgage insurance tax deduction

When U.S. Congress reconvenes today on Capital Hill, the Mortgage Debt Relief Act (MDRA) of 2007 will be on the docket for a shot at an extension through

FHA’s ‘subprime replacement’ loans tougher to get

It's about to get tougher to qualify for a Federal Housing Administration (FHA) mortgage, often considered the replacement loan for the collasped subprime market. Moving to head off the


Feds crackdown on FHA lenders with high foreclosure rates

The Feds are going after mortgage companies with questionably high rates of foreclosures on homes they finance. This week, U.S. Department of Housing and Urban Development (HUD) Inspector General

Job loss mortgage insurance

A growing number of job loss mortgage protection insurance policies help take the fear out of home buying, but the coverage is not for everyone. The not-for-everyone catch isn't

Job-loss mortgage insurance for some, not all

A growing number of job loss mortgage protection insurance policies help take the fear out of home buying, but the coverage -- sometimes over-hyped as a form of

New tax breaks, on the house

Talk about tax shelters. When it comes to paying your dues in Club America, your home likely provides the best discount going. Your home offers more tax relief than any

12 tax breaks, on the house

Your home is more than just a shelter from the elements. It's also a tax shelter -- about a dozen times over. Here's an introduction to the 12 most common

Mortgage insurance tax deduction extended

Effective January 1, 2008, the "Mortgage Forgiveness Debt Relief Act of 2007," says, for those eligible, no taxes will be owed on any mortgage debt on a principal

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