Origination

Laurance H. Freed, a Chicago developer, has been sentenced to three years in prison and ordered to pay $825,000 in fines and restitution in connection with a double-pledging scheme.

The Office of the Comptroller of the Currency issued a proposal Wednesday that would raise the appraisal threshold for CRE loans to $400,000 from $250,000.

With inventory still low, home prices continued to rise in the second quarter of 2017.

Reporting requirements for title insurers and agents have been expanded to cover more types of high-end real estate transactions, the Financial Crimes Enforcement Network said.

Buying into the American dream of homeownership is getting more costly in Chattanooga.

A decline in purchases of new homes in July may be a sign the industry took a breather following an even stronger run of sales than previously reported.

There was very little change in mortgage application activity for the second consecutive week, according to the Mortgage Bankers Association.

The National Association of Federally-Insured Credit Unions defended the credit union tax exemption and called for other financial reforms during a meeting Tuesday with Treasury Secretary Steven Mnuchin.

Sales slipped but prices rose in July as a short supply of homes for sale put pressure on Wisconsin's housing market.

The median price for a single-family home in Marin County, Calif., is more than $1.3 million and at that price only 17% of Marin households can afford to buy.