Mortgages

Developer Parkway Corp. has closed on $187 million in funding through commercial real estate finance firm Meridian Capital Group to build a Center City Philadelphia office tower for law partnership Morgan, Lewis & Bockius.

Late home payments increased in this community that hosts the Masters, according to a California-based real estate analytics firm.

A new Marriott Residence Inn is expected to sprout next to the Millbrae BART station after landing a construction loan that serves as a welcome counterpoint to the pall of economic uncertainty cast by the coronavirus.

“Every single deal I have is someone from Brooklyn or Manhattan,” a Kingston agent said.

A survey conducted throughout the second quarter found knowledge gaps based on race and income.

Refinance volume led the spike in mortgage applications for the week ending Aug. 7 as interest rates continued tumbling.

In a letter to the Consumer Financial Protection Bureau, the Mortgage Bankers Association recommended adding six more months to the latest GSE patch proposal.

Mortgage delinquency rates in May were even higher in some Texas markets.

The proprietors of the Lorraine Hotel in downtown Toledo have received multi-year prison sentences from a federal judge for orchestrating a $3.9 million fraudulent real-estate investment scheme, while a third person received probation.

Some of Miami Beach's priciest real estate is now a relative bargain, even in the billionaire enclave of Fisher Island.

Baltimore-area home sales hit a record high in July as interest rates remained low and buyers moved quickly to choose from a low supply of available properties.

A second-term Trump administration would likely continue its deregulatory efforts, focus on Fannie Mae and Freddie Mac's exit from conservatorship, and seek to facilitate fintech participation in the banking system.

Tenants at so-called Class C buildings paid 54% of total rents due in June by the middle of the month, according to a study by LeaseLock.

May’s overall delinquency rate was up over 100% from the prior year.

Boston Common is planning to confront banks and real estate investors as an eviction crisis looms across the U.S., one that's likely to disproportionately impact Black Americans and other minorities.

Ken Casey, a now-deceased Marin County, Calif., real estate developer, is being investigated by the Securities and Exchange Commission for fraud.

Despite a housing market that has remained solid during the COVID-19 outbreak, the hesitancy of potential sellers is contributing to one of the most acute shortages of available homes in decades.

Oahu's housing market remained depressed in July, though new sales data shows the severity of the decline is easing.

The number of loans going into coronavirus-related forbearance was down for the eighth consecutive week, as the growth rate fell 23 basis points between July 27 and August 2, according to the Mortgage Bankers Association.

Ginnie Mae helped to fund more than $70 billion in loans aimed at helping low- and moderate-income borrowers in July.