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Mortgage Bankers Association appealed directly to Treasury for relief during shutdown: Report

After lobbying from the mortgage industry, the Internal Revenue Service has resumed verifying the incomes of mortgage applicants despite a government shutdown — and some critics question the fairness of reopening one division of the agency while continuing to furlough a majority of its employees. The IRS announced Monday in a letter that it was […]

Massive investment firm Vanguard bets big on Redfin

One of the world’s largest and most powerful investment companies appears to be placing a large bet on technology-focused brokerage Redfin. A stock purchase from Vanguard Group showed up this week in a U.S. Securities and Exchange Commission filing, known as a 13-G, that is produced when an investor takes ownership of more than 5 […]

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