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Santander Bank's U.S. unit will be eliminating 80 mortgage-related positions as it withdraws from the third-party origination sales channel and refocuses on producing home loans through its branch network.

Nearly a decade after Troy Wragg's role in a $54 million Ponzi scheme involving green energy and real estate investments in Tennessee was exposed, the former Philadelphia resident was sentenced to 22 years in prison and ordered to pay $54 million in restitution.

Wealthy buyers are pulling back from some of the most expensive housing markets in the U.S., the latest sign that sky-high prices and fears of a recession are weighing on a key sector of the economy.

Last year, the battle for the bid, the guerrilla warfare over the Lehigh Valley's dwindling supply of middle-priced homes, was a public spectacle.

A healthy gain in home sales in the Twin Cities metro last month helped push prices to a new high.

After two disastrous fire seasons, California officials have been besieged by homeowners in fire-prone areas complaining that their insurance premiums are skyrocketing or their plans are suddenly being dropped.

Albuquerque, N.M., home prices dipped slightly last month, but still maintained their torrid rate of growth over the past year.

Attracted by a growing housing demand caused by the burgeoning senior citizen population in South Florida, a Houston-based developer is staking out Fort Lauderdale and Coral Gables as locations for multiple elder communities in the region.

Even before Amazon.com Inc. completes its Northern Virginia office hub, the e-commerce giant has helped make the area the most competitive housing market in the U.S.

The spring home buying market — traditionally the strongest of the year — didn't do much to boost overall home sale prices in greater Hartford this year.

The Jacksonville, Fla., housing picture continued its trend of mixed results in July.

The world's headlong dash to zero or negative interest rates just passed another milestone: Homebuyers in Denmark effectively are being paid to take out 10-year mortgages.

1st Alliance has ceased lending activities following the loss of bonding in Connecticut, plus financial concerns it links to a state regulatory dispute, but it may later seek to recapitalize.

A West Philadelphia real estate developer who bribed a city official to get an inside track on sheriff's sales was sentenced to serve one month in federal prison, followed by nine months of home confinement.

July brought some zip to a Portland area housing market that had been in the doldrums relative to the past few years, but the rally might prove short-lived.

Despite a record streak of higher prices, some economists believe homes in certain Bay Area communities should be considered a bargain. And that's even with median price tags easily topping a million bucks.

The industry has long worried that the ability-to-repay rule gives borrowers an avenue to fight foreclosure, but one plaintiff’s experience may discourage others from trying.

The percentage of Americans behind in their mortgage payments is at a 20-year low. And even fewer Dallas-area homeowners are late with payments than the national average, according to CoreLogic.

Sales activity in the metro Atlanta housing market has chilled this summer, but prices continue to rise steadily, according to a report released this week.

Massachusetts home sale agreements shot up 9% in July, compared to a year ago, and the median price of a single-family home put under agreement last month rose to almost $440,000.