New York

Homebuyers have returned to Westchester County, N.Y., and for the first time in a year, their purchases are putting a dent in the inventory of properties for sale.

Sales of single-family homes in the Albany, N.Y., area fell 17.4% in August from year-earlier levels, and real estate officials are blaming a 9% drop in inventories and steep prices for newly constructed homes for the decline.

The rating agency upgraded the hospital system to Aa2 from Aa3.

A Rochester, N.Y., developer who faces federal mortgage fraud charges connected to apartments in Buffalo and other cities has pushed back the sale of a significant part of his real estate portfolio until later this month.

If your home is in walking distance to a Staten Island Railway station you can likely get at least a 9% — and up to a 34% — higher price for your house than other residences in the borough, according to a new study.

An indictment unsealed in a Brooklyn federal court alleged four New Yorkers and one Floridian misled mortgage companies, the government-sponsored enterprises and a government agency regarding short-sale property prices.

Bankrupt mortgage servicer Ditech Holding Corp. cleared the way for the $1.8 billion sales of its businesses by agreeing to preserve some homeowner claims like the right to fix mistakes on their loans.

Stewart Information Services has decided to make some big changes at the top following the dissolution of a planned merger with Fidelity National Financial.

The Federal Trade Commission wants to block the merger of Fidelity National Financial and Stewart Information Services stating the deal would reduce competition for title insurance, including for large commercial real estate transactions.

Paul Manafort, the disgraced former campaign chairman for President Trump, is seeking dismissal of a mortgage fraud case against him in New York because he was already tried on similar charges in federal court.

Syracuse Securities Inc., a family-run lender and servicer in New York, is planning to wind down and transfer its outstanding pipeline to Premium Mortgage Corp.

Extell Development, facing an Aug. 30 maturity for a construction loan, signed an agreement for a new loan on the New York property, using the unsold units in the 815-apartment project as collateral.

New York State regulators entered into a settlement with a hedge fund in a case of alleged unlicensed and predatory mortgage lending activity by Vision Property Management.

Long Island foreclosure sales doubled over the last five years as the county courts made a priority of clearing bust-era cases.

Bankers are downplaying such concerns, but others say a sharp decline in values on rent-regulated buildings means landlords will have less cash flow to acquire new properties.

Fed up with the high taxes and regulation back home in New York, retired officer Thomas Maloney and his wife, real estate agent Theresa Hart, are looking to offload a home in Long Island — quickly.

Sachem Capital Corp., a hard-money mortgage lender that makes short-term loans to investors, has raised $10 million in gross proceeds from a public offering of 2 million common shares.

New York Attorney General Letitia James is monitoring how the bankrupt Ditech Holding Corp. handles borrower-sensitive issues like foreclosure proceedings, and is backing the involvement of a consumer creditors' committee.

Former Lend America executive Michael Ashley was sentenced to three years in prison for his actions that led to the implosion of the once-high-flying Melville, N.Y.-based mortgage lender.

The Buffalo Niagara housing market is tighter than ever, but there are signs that the upward pressure on home prices is starting to lose some steam.