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The National Association of Realtors' index of contract signings to purchase previously owned homes dropped 5.2% in March to 78.9, according to data released Thursday.

Heightened worries about the strength of consumers and the global economy have been put on hold — at least for now — after some of the world's best known companies delivered a slew of better-than expected numbers.

Consumers are receiving demand letters on loans they have not had any communication about in at least 10 years, the regulator said.

Last year was a tough year for the mortgage industry, but the best of the best managed to keep their volumes high.

As of April 19, the state program has distributed close to $100 million in mortgage and utility money to 19,123 applicants.

Patrick Hynes is the Vice President, Business Development and Head of Field Sales for Prudential Advisors, leading strategy for a group that includes approximately 3,000 financial professionals, fee-based financial planners and field managers nationwide.

Researchers at the Federal Reserve Bank of Philadelphia have come up with a plan for letting banks innovate with artificial intelligence and widening access to credit at the same time.

Borrowers across all income levels and purchase price levels sought the discounts as interest rates rose past 7% last year.

This has been a difficult year for the industry with government takeovers of three regional institutions, which rank among the 10 biggest failures in U.S. history. Here is a look at what went wrong at those three banks and the seven others on this infamous list.

The California bank, which endured large deposit outflows in March, anticipates selling its $2.7 billion lender finance portfolio in the coming months. It's also looking at cutting facilities, employee headcount and vendor costs.