News

Home Prices Post Biggest Jump in Over Six Years

Home prices posted their biggest annual jump in more than six years in October in a sign the housing sector continues to recover, data analysis firm CoreLogic said on Tuesday.

AIG Names New CEO for Mortgage Insurer United Guaranty

American International Group Inc shuffled the management of its mortgage insurance unit for the second time this year, naming a new chief executive for United Guaranty and moving the prior CEO to a senior underwriting position.

On Twitter, Obama Puts Question Mark Over Mortgage Deduction

Taking to Twitter to press his case in "fiscal cliff" talks with Congress, President Barack Obama said on Monday that tax breaks benefiting middle class families such as the mortgage interest deduction could be at risk if rates for top earners do not rise.