New York

New York's Amazon dreams aren't dead yet, at least not in the minds of some of its leading executives and politicians.

The company disclosed that it paid $146 million for servicing rights associated with $13 billion in mortgages.

Credit card issuers would have to set aside more in reserves because of higher loss histories, according to research by Keefe, Bruyette & Woods on the impact of the new loan-loss standard.

In what some real estate professionals are referring to as part of the "after-effects" of the recession, is a spike in the sale of foreclosures across Staten Island.

The pickings are still pretty slim for homebuyers in the Buffalo-Niagara area, but that may be starting to change.

Amazon.com Inc.'s decision to drop its expansion plans in the Long Island City neighborhood of Queens plunged local real estate brokers into despair — just months after the euphoria that followed the company's announcement that it would open offices there and bring thousands of jobs.

Amazon.com Inc. said it's pulling out of a plan to build a headquarters in New York City, after a backlash from some residents and politicians.

New York State is providing additional funding to municipalities that will boost efforts regarding mortgage servicer compliance with the state and local vacant property laws.

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.

Manhattan home prices fell in the fourth quarter, with the median slipping to less than $1 million for the first time in three years, as ample inventory continued to allow buyers to demand sweeter deals.

New York Gov. Andrew Cuomo has signed into law a bill that provides a property tax break for Syracuse property owners who buy flood insurance.

Home prices are climbing in Long Island City, giving buyers a taste of what they can expect in the Queens neighborhood as Amazon.com Inc. moves in.

Selling $1.6 billion in mortgages, and paying off a similar amount of wholesale borrowings, will allow the company to expand its net interest margin in 2019.

The Buffalo Niagara housing market still is sizzling, although there are some signs it's not quite as hot as it was during the summer.

After more than three years of a strong seller's market, Staten Island's residential real estate is now favoring homebuyers, Realtors say.

Challenges will likely increase as interest rates rise and investors grow more concerned about a downward turn in the economic cycle.

The Buffalo Niagara housing market remain strong during October, but there are signs that it's cooled a bit since its sizzling days this summer.

The move allows the New York multifamily lender to make more loans without having to raise capital.

Wells Fargo & Co. raised its required down payment for homebuyers in Connecticut's Fairfield County to 25% from the standard 20% after it categorized the area as distressed.

Amazon's new HQ2 facilities in New York City and Washington, D.C., will create a flurry of housing and mortgage activity. But the direct benefits to mortgage lenders won't be as significant as they could've been in many of the other cities on Amazon's list of 20 finalists.