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Loan application defects increased for the seventh consecutive month in June, due to the highly competitive purchase market, according to First American Financial Corp.

A Muskogee, Okla., woman charged with embezzling more than $10,000 from a local church also is a federal mortgage loan originator licensed to represent a local bank, according to national registry records.

Dustin Hoffman has notched a victory in his legal fight over a $3-million investment he made with Jeffrey Yohai, a real estate developer who is the son-in-law of Paul Manafort, the former chairman of Donald Trump's presidential campaign.

Three California men who previously operated Star Reliable Mortgage were ordered to pay $1.1 million in restitution and are facing multiyear prison terms related to a foreclosure rescue scheme.

Home prices in South Florida increased 5.3% in May from a year ago, a sign that recent gains are moderating, a new report shows.

Among the budget cuts proposed by the Trump administration is $6 billion to the Department of Housing and Urban Development, which could translate to the loss of Section 8 housing to 1,400 families statewide, about half of them in Albuquerque.

U.K. regulators’ decision to abandon the Libor benchmark by the end of 2021 threatens to sow confusion in the market as the industry races to replace the scandal-plagued rate that underpins more than $350 trillion of financial products.

Valley National's latest acquisition would make it a much bigger player in Florida and provide a platform to write more auto loans. Both markets present attractive returns but high risks.

The largest single-family investors slowed their pace of acquisitions years ago, but plenty of smaller firms are picking up the slack.

Connecticut's real estate market saw solid gains in June, as the number of homes sold in the state last month jumped 6.4% compared to the same period a year ago.

Bay Area home prices have continued their stratospheric surge, as the low housing supply combined with intense demand last month to further heat up the market.

Atlantic Bay Mortgage Group has agreed to buy a majority stake in Virginia Community Bank in a rare instance of a nondepository mortgage company buying a bank, rather than the reverse.

In many corners of Southern California, home prices have hit record highs. And they keep going up.

Florida wades deeper into hurricane season as the debate heightens over what to do with the deeply indebted National Flood Insurance Program and its coverage of properties prone to repeated flooding.

The story of the Central Indiana housing market has remained remarkably consistent for several months: There are too few houses for sale and prices keep going up, up, up.

The New York company, which is preparing to buy Astoria Financial, reported year-over-year increases in commercial-and-industrial and commercial real estate loans.

At midyear, fewer than 1% of the homes in Sarasota, Manatee and Charlotte counties were stuck in the foreclosure mill.

Sales of existing homes grew less than 1% in June in Wisconsin and the United States, held back by a short supply of houses for sale.

The Michigan company had fewer gains from loan sales. It also reported an increase in noninterest expenses.

Issues with mortgages and debt collection are making up almost half of consumer complaints received by the CFPB. Here's a look at how these two most common complaints measure up nationwide.