Origination

One-time Modesto City Council candidate Robert Farrace, an attorney and real estate broker, was sentenced to two years in federal prison for defrauding real estate lenders.

Despite the long, stratospheric rise of home prices in the U.S., the inflation-adjusted monthly payment on the median single-family home in 2017 was less than in 1987, when home prices were lower but interest rates were higher.

New-home construction rose more than projected in May to the fastest pace in more than a decade while permits cooled for a second month, indicating mixed progress in the supply-constrained housing market.

Familiar themes continued to play out in the Albuquerque housing market in May.

The New Orleans housing market is strengthening, with home prices climbing in most neighborhoods and the number of vacant or blighted properties shrinking, according to a new analysis.

While rising mortgage rates are top of mind for the industry after last week's increase in the federal funds rate, the housing market should be more concerned about limited home inventory, according to First American Financial Corp.

The man authorities called the mastermind behind a complex mortgage fraud scheme targeting distressed properties was arrested June 7 in South Carolina and charged with being a fugitive in violation of probation.

The cost of buying a home in Massachusetts is on the rise.

Home prices rose to new highs in Sonoma County, Calif., in May, when the median hit a record $692,250, but there are indications the unrelenting price increases may be starting to test buyers' limits.

Sentiment among homebuilders fell in June to match the lowest level this year, reflecting sharply elevated lumber costs, according to a report from the National Association of Home Builders/Wells Fargo.