Pennsylvania

The dollar volume of financing to buy fix-and-flip properties increased 31% annually to its highest level since the heights of last decade's real estate boom, according to Attom Data Solutions.

If warning signs of a possible U.S. recession are currently flashing, Valeria Kremser doesn't see them in the Philadelphia housing market.

Deutsche Bank is cooperating with the Justice Department's antitrust investigation into whether several of the largest global banks conspired to rig trading in unsecured bonds issued by Fannie Mae and Freddie Mac.

The bucket of homeowners in the money to refinance includes anyone who bought a home in the last 18 months, and lenders are on the phone calling them.

Santander Bank's U.S. unit will be eliminating 80 mortgage-related positions as it withdraws from the third-party origination sales channel and refocuses on producing home loans through its branch network.

Nearly a decade after Troy Wragg's role in a $54 million Ponzi scheme involving green energy and real estate investments in Tennessee was exposed, the former Philadelphia resident was sentenced to 22 years in prison and ordered to pay $54 million in restitution.

Last year, the battle for the bid, the guerrilla warfare over the Lehigh Valley's dwindling supply of middle-priced homes, was a public spectacle.

A West Philadelphia real estate developer who bribed a city official to get an inside track on sheriff's sales was sentenced to serve one month in federal prison, followed by nine months of home confinement.

The Lehigh Valley is not adding enough housing to keep up with job growth, a recent study finds, a problem shared with other major coastal hubs experiencing soaring economies and debilitating construction costs.

If 2018 was a year of drama — a steep rise in housing prices and scary decline in inventory — 2019 has proven to be a year of steady growth.

The bank said it could record a $7 million charge in the second quarter after the client unexpectedly closed in May.

First National Bank of Pennsylvania has filed a commercial mortgage foreclosure action against Conneaut Lake Park Volunteer Fire Department to collect more than $400,000 in outstanding loan debt, interest and penalties.

The Pittsburgh City Council has given preliminary approval to a plan for distributing $10 million in 2019 from an affordable housing fund.

Meridian Corp. may have breached sales agreements after originating nearly $100 million in loans in a state where it lacked a license.

Philadelphia officials have expanded a program that will give first-time homebuyers and other eligible city residents up to $10,000 when they purchase a home in the city.

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.

A year after forming, the Erie County, Pa., land bank is compiling a list of blighted, tax-delinquent properties outside the city that need to be demolished or rehabilitated.

The Pittsburgh region ranks in the top five among 133 U.S. markets with at least 200,000 people when it comes to the profitability of home flipping, according to Attom Data Solutions.

As buyers grow nervous and tired, home prices in Philadelphia are slowing.

New Fed Mortgage's pending acquisition of Commonwealth Mortgage LLC will allow it to expand its geographic footprint outside of New England.