Pennsylvania

A Wilmington Township, Pa., man accused of illegally purchasing properties he formerly owned through a tax sale has pleaded guilty to a felony charge of deceptive business practices.

In Philadelphia, there is no limit to the amount by which assessments — the value used to calculate property tax bills — can increase in one year.

After experiencing an unprecedented real estate renaissance for the last few years, the Philadelphia region is finally beginning to see housing prices slow.

Prices paid for vacant land in Philadelphia have plummeted to their lowest levels in three years after peaking in 2017, an indication that the city's development boom led by townhouse, condo and apartment projects is losing steam.

Tax foreclosure filings in Philadelphia have skyrocketed 1,200% since 2010, so the city is promoting its homestead exemption to keep people in their homes.

It's happening in larger, pricier housing markets: Buyers are starting to get fatigued, indicated by modest drops in existing home sales, mostly in competitive Western states like California and Washington.

The Pennsylvania Housing Finance Agency is switching to Black Knight's LoanSphere MSP to service the agency's $4.9 billion mortgage loan portfolio.

The median price of a Lehigh Valley, Pa., home hit a record-high $225,000, surpassing the last peak in home prices when the housing bubble burst in 2007

Greg Englesbe resigned as CEO of New Jersey lender E Mortgage Management after a jury awarded $3 million to a woman who accused Englesbe of injuring her when he grabbed and forcibly kissed her at a Philadelphia restaurant.

A server at a Philadelphia restaurant was awarded $3 million by a jury after allegedly being injured by the CEO of a mortgage lender who attempted to forcibly kiss her.