Origination

A decade after the housing collapse began, Cleveland and Akron are among the worst large cities in the nation for homes that are worth way less than the mortgages on the properties.

PHH Corp.'s first-quarter net loss more than doubled as the troubled mortgage company dumps its origination unit and servicing rights and rebuilds as a subservicer.

Home prices continued to climb in April as Southern Nevada now has less than a two-month supply of homes available for sale.

Residential property in the city is becoming more valuable — a fact that could drive up potential sale prices for many city residents, but also could raise their property tax bills.

Mortgage applications increased 2.4% from one week earlier as there was little movement in interest rates, according to the Mortgage Bankers Association.

The Consumer Financial Protection Bureau plans to launch an inquiry into small-business lending, the first step toward crafting a rule for the collection and reporting of data.

The gap between what homeowners believe their home is worth and what the actual value widened for the fifth consecutive month in April, according to Quicken Loans.

Here's a look at the 12 markets where rising home prices, along with shifts in wages and interest rates, have combined to put the most downward pressure on consumers' purchasing power.

North Texas home prices hit another all-time high in April.