Industries

A California loan broker who defrauded investors of more than $17.4 million has been sentenced to five years in prison.

Over 50% of mortgage lenders said they plan to increase their marketing towards first-time homebuyers in 2015 to take advantage of changes in conforming and government lending programs.

In less than a decade, Seattle-based Zillow has become the nation's leading brand for homebuyer real estate information. It's become synonymous with looking up your home's value — or someone else's.

Metro Bancorp in Harrisburg, Pa., which has been under pressure from activist investors to sell itself, reported higher quarterly income largely because of increased real estate lending.

Median home prices in the Chicago area beat their year-earlier comparison every month in 2014 but the same can't be said of home sales, which dropped in every month but one last year.

Paramount Realty Services, a New Jersey commercial real estate firm, is the new owner of LMS Commercial Real Estate's properties and will now manage the real estate firm.

The Dallas area had one of the biggest home price increases on record in 2014.

A new forecast from Freddie Mac suggests that mortgage rates will remain stable for the first two quarters of 2015.

Purchases of previously owned homes rose less than forecast in December as higher prices limited sales to first-time buyers.

The consumer bureau and Maryland's AG allege the loan officers received consumer data and other services in return for business referrals.

Top housing economists don’t think an Oil Patch slowdown will result in a weaker national housing market.

Apartments were the hottest commercial properties in the Greater Seattle area last year, with buyers collectively spending more on such assets than on the higher-profile office buildings.

Mortgage rates near record lows, an improving job market and gradually easing credit standards will converge to make it the best year for home construction since 2007, say economists.

Home prices rose more than economists estimated in November, a sign job growth is helping to boost housing demand.

Hearing arguments in Texas case, Justice Scalia and others were skeptical that the controversial legal theory used in fair housing cases should be invalidated.

The pension fund sector owns hundreds of billions of dollars of mortgage securities. But MBS holdings are such a small percentage of their portfolios, pensions may not be aware of their heft in the industry.

Julian Castro, secretary of housing and urban development, said 2015 will be a year of "housing opportunity" as the economy continues its rebound.

Standard & Poor’s agreed to a one-year suspension from rating certain commercial mortgage bonds and $80 million in fines to settle charges with the Securities and Exchange Commission and the New York and Massachusetts Attorneys Generals offices.

Justin Wheeler, who was named CEO last week of Berkadia Commercial, the commercial-mortgage business owned by Berkshire Hathaway and Leucadia National, said global investors are increasingly betting on U.S. property.

New residential construction in the U.S. rose more than forecast in December, capping the best year since 2007 and signaling the industry will probably keep expanding this year.