Mortgage giants should continue to operate as separate companies and be regulated like utilities with a cap on excessive fees and prohibitions on backing risky loans, industry group maintains
The average loan balance for first mortgages rose from $345,761 in Q1 to $356,993 in Q2, the Mortgage Bankers Association reported
Independent mortgage bank's profits surpassed previous year by nearly 186%, according to the Mortgage Bankers Association’s Annual Mortgage Bankers Performance Report