California

The homeless Navigation Center that Aaron Peskin proposed for a North Beach parking lot has led to a power struggle between the supervisor and his longtime political foe, Mayor Ed Lee, who wants to use the site for affordable housing.

Borrowers will be able to take out a substantially bigger home loan backed by Fannie Mae and Freddie Mac next year, thanks to a 6.8% increase in home prices nationwide.

Southern California home prices rose 6.5% in October from a year earlier, while sales jumped 3.6%.

A 10-year-old fraud case against two San Luis Obispo County, Calif., lenders has ended in a hung jury.

The Michigan company, which lost more than $1.4 billion in the aftermath of the financial crisis, is trying to become more of a commercial lender. Its recent agreement to buy a deposit-rich franchise in California could help it get there.

When a $40 million round of venture funding fell through at the last minute, digital mortgage broker Sindeo all but shut down this summer. Now recapitalized and rejuvenated, founder and CEO Nick Stamos explains why Sindeo is ready to grow again.

Mortgage closing costs average nearly $4,900 nationwide. But in some states, those fees can reach or exceed five figures. Here's a look at the areas where it costs the most to close a mortgage.

Clearinghouse CDFI will use funds from the $2 million investment to support affordable-housing and economic development projects in communities and Native American reservations in California, Nevada and Arizona.

The median price of an existing, detached single-family home rose significantly in Southern California in October compared with the same month a year ago.

Bay Area homebuyers beware. Among the nation's 100 largest housing markets, San Francisco, San Jose and Oakland — in that order — are the least likely places to find a price cut on a home for sale.