Real estate

The National Association of Hispanic Real Estate Professionals has created a glossary that provides Spanish translations of terms used by the real estate and mortgage industries.

Lennar Corp., the second-largest U.S. homebuilder, reported fiscal third-quarter earnings that beat analysts' estimates as low borrowing costs and job growth bolstered buyer demand for houses nationwide.

New home construction fell more than projected in August as a plunge in the South, the biggest region for building, more than offset gains in the rest of the country.

More than 9 million consumers would have difficulty paying all of their monthly debt obligations, including their mortgage, if the Federal Open Markets Committee raises short-term rates by 25 basis points, a TransUnion study found.

Confidence among homebuilders rose to an 11-month high in September, indicating the housing market will continue to advance.

Home sales in California are beginning to show signs of weakness as a lack of affordable housing begins to weigh on the Golden State's real estate market.

Higher home values have lifted thousands of homeowners out of negative equity in the second quarter.

PNC Financial Services Group plans to increase consumer lending with its current tilt toward commercial loans generating lower overall loan yields.

Affordability constraints and a lack of awareness about low-down-payment mortgage options are tempering confidence about buying a home, according to the National Association of Realtors.

New homes aren't being built, and construction and development lending trends may be to blame, according to Kroll Bond Rating Agency's Christopher Whalen.

Provident Financial Holdings has restated earnings from its most-recent quarter after it booked higher loan-origination costs.

A slowdown in the upward climb of home prices allowed the housing market as a whole to move more toward buying a home than renting one during the second quarter.

The foreclosure inventory rate in July reached the lowest level recorded for any month since August 2007, according to CoreLogic.

A fintech startup called Point is allowing consumers sell a piece of their home equity to investors, rather than borrowing against the value of their houses.

Walter Investment Management Corp. subsidiary Ditech Financial will begin to enroll a number of rejected loan applicants in a new program aimed at helping people qualify for a mortgage.

The average down payment percentage rose 49 basis points for a conventional 30-year fixed-rate mortgage between the first and second quarters, according to LendingTree.

Home purchase lending hit its highest point since 2007 as low interest rates and growing consumer confidence continue to support the housing market.

The percentage of vacant bank-owned properties is larger now versus a year ago as banks are completing more foreclosures, according to Attom Data Solutions.

The owner of 9 West 57th St., an entity controlled by real estate developer Sheldon H. Solow, is using the loan to refinance the building, cashing out $485 million of equity in the process.

Home purchase sentiment fell in August as home price expectations and other components decreased from record highs one month ago, according to Fannie Mae.