Carrington EVP Rick Sharga thinks that the mortgage interest deduction — or, at least, some part of it — will be sacrificed at the altar of the fiscal cliff. It’s going to be a burden to middle- and upper-class households, Sharga says, that will only serve to hurt the real estate market.
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The National Association of Realtors board of directors voted 729-70 on Monday to ban the controversial practice of “pocket listings.”
Guild Mortgage, an independent mortgage lender, announced late last week that it has promoted three senior members of its leadership team as it continues to grow.