New York

Regulatory changes that would put an end to state and local tax deductions could prompt many homeowners in high-tax states to consider relocating, a Redfin survey shows.

Stephanie W. Cowart, former executive director of the Niagara Falls Housing Authority, admitted to working with her son and daughter-in-law to steal $17,580 from the authority and the state.

Buffalo's housing market is rebounding, but the recovery so far is largely confined to a handful of neighborhoods in a slice of the city, according to a consultant hired by the Brown administration.

A Kiryas Joel, N.Y., man was sentenced to 18 months in prison and ordered to forfeit $1.2 million to federal authorities for his role in a mortgage-fraud operation in which prosecutors had charged 15 people in all.

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.

Carver Bancorp, which has spent 70 years serving minorities in Harlem and surrounding neighborhoods, is struggling to turn a profit. As black-run banks nationwide struggle to stay afloat, Carver's CEO insists the institution is on the right track.

Long Island real estate prices climbed last month, as buyers got into bidding wars over a dwindling supply of homes.

The plan is up from the previously announced 200,000 homes.

When a full-floor penthouse at Manhattan's One57 sold at a foreclosure auction, it didn't just settle an international mortgage gone bad.

Sterling Bancorp in New York is determined to turn Astoria Financial's largely residential operation into a commercial powerhouse. While investors are skeptical, CEO Jack Kopnisky has proven in the past that such an ambitious plan is doable.

The elimination of private activity bonds “would throw gasoline on a housing shortage," said John Chiang, California's treasurer.

As is the case with most communities across Western New York, Lockport has its share of "zombie" properties.

Homes on Staten Island are reaching "unaffordable levels," at a time when there are less homes on the market than buyers who want to purchase them.

Home sale prices in Western New York hit new peaks over the summer, as the region's housing market continued to churn past historic records.

It's a renter's market in New York, and after a year of being bombarded with landlord offers of gift cards and free months, apartment seekers are getting bored with all the perks.

The program to purchase and support affordable mortgages for New Yorkers will include an RBC unit and provisions for military veterans.

Wall Street firm Morgan Stanley is almost done completing tasks mandated under the terms of a mortgage settlement in New York.

Niagara Falls, N.Y., officials have filed what they say is among the first regional legal claims under a new state law meant to arm governments against the spread of urban blight.

The former president of a defunct Long Island, N.Y.-based national mortgage lender was sentenced in federal court in Central Islip to three years of probation and ordered to pay $20 million in restitution to taxpayers.

Fewer Long Islanders are drowning in mortgage debt as the housing market continues its slow recovery.