New York

Home sales in both Manhattan and Arlington, Va., jumped after Amazon.com Inc. selected the two sites for its second headquarters. However, the Manhattan market cooled after Amazon dropped the city from the list.

The parent of Ponce Bank has agreed to acquire Mortgage World Bankers.

While regulation and nonbank competition are spooking some banks, others believe low funding costs and the right relationships can help them succeed.

President Trump's tax reform package had an impact on nearly half of potential buyers searching for a new home, nine percentage points less than one year ago, according to a new Redfin survey.

The moves are part of a plan CEO Rajinder Singh discussed in a conversation with American Banker.

Housing advocates and Democratic lawmakers want to create more protections for tenants of rent-controlled apartments, but they are facing stiff opposition from property owners and the banks that lend to them.

Moody's Investors Service downgraded tax-exempt bonds issued for a Syracuse, New York, shopping mall expansion to the last rung above junk.

The Department of Financial Services has created a statewide financial protection division focused on corporate compliance and consumer issues, in line with steps taken by New Jersey and Pennsylvania.

Northeast mortgage originators relied heavily on referral relationships with attorneys and financial planners and less so with homebuilders last year, the Top Producers 2019 survey found.

Destiny USA, one of the largest malls in the nation, is struggling to pay its mortgage, according to a published report.

A Staten Island, N.Y., man involved in a $2.5 million real estate investment scheme that targeted investors, many of whom were elderly and some of whom had dementia, was sentenced to three years in prison.

Manhattan's would-be homebuyers are in no rush to make deals, while the number of condos and co-ops on the market continues to rise.

The Los Angeles bank will take a $1.4 million hit to earnings after the multifamily properties sold for less than their book value.

With a second defendant pleading guilty to conspiracy, it was learned that a Watertown, N.Y., apartment complex is among dozens of rental properties in that state and several others that allegedly received $500 million in fraudulent bank loans.

The money for a proposed $300 million sports complex at a foreclosed famed New York Catskills Mountain hotel was not produced by a March 22 deadline.

Manhattan homes that sold in February sat on the market for the longest stretch since 2012, a sign that sellers aren't dropping prices enough to reach buyers, an analysis by StreetEasy shows.

Just minutes after his federal prison sentence was raised, Paul Manafort was charged by New York state prosecutors with residential mortgage fraud, conspiracy and falsifying business records.

Mortgage foreclosure filings across New York dropped 46% between 2013 and 2018, from 46,696 to 25,334, according to a report issued by New York State Comptroller Thomas DiNapoli.

Sales of new and existing single-family homes in the Albany, N.Y., area fell 10% in January from year-earlier levels, the Greater Capital Association of Realtors reported.

New York regulators rejected Fidelity National Financial's acquisition of Stewart Information Services because the combination would have a dominant share of title insurance in the state.