Real estate

Carver Bancorp in New York is dealing with a new set of challenges just months after being released from a longstanding enforcement order. The company’s woes highlight the challenges for banks with narrowly constrained business models.

Foundation Asset Management has requested a special meeting of Stewart Information Services Corp. stockholders, where it will propose removing co-vice chairmen Malcolm Morris and Stewart Morris Jr. from the company's board of directors.

Those with student loan debt but no college degree are less likely to own a home relative to a debt-free high school graduate, according to Fannie Mae.

Teardowns — in which builders or private individuals purchase an aging, outmoded house, then demolish it and replace it with a modern home that will suit today's homeowners — are currently on a tear.

The homeownership rate fell to the lowest level in more than 50 years as rising prices put buying out of reach for many renters.

FNF Group, a division of Fidelity National Financial, has agreed to acquire real estate software company Commissions Inc.

Contracts to purchase previously owned homes rose less than forecast in June as a lack of supply and rising prices offset the benefits from historically low mortgage rates.

CoreLogic has made its mark on the Case-Shiller Home Price indices — in more ways than one.

Prepayment speeds were lifted to a 12-month high in June thanks to historically low interest rates, according to Black Knight Financial Services.

A drop in mortgage banking cut into Trustmark's second-quarter profit, as did the costs to extend buyouts to employees.

Home prices in 20 U.S. cities rose less than projected in May from a year earlier, signaling both buyers and sellers had the potential to benefit during the busy selling season.

Purchases of new single-family homes rose in June to the highest level in more than eight years, indicating a firm and resilient housing market.

EverBank Financial in Jacksonville, Fla., confirmed that it is in talks to sell itself.

Mountain states are leading the way as home prices edge closer to their 2006 peak, according to Black Knight Financial Services.

Regulators sought to limit improper contact between lenders and appraisers, but policies of the two mortgage giants encourage the kind of practices that contributed to the housing crisis.

Technology developed by SmartZip analyzes 2,000 variables about a housing market and its homeowners to help real estate agents and lenders identify consumers most likely to sell their house or need a new mortgage.

Welcome news for America's renters could be unhelpful for the Federal Reserve.

Borrowing conditions in the apartment market have improved in the second quarter as property owners benefit from the low-rate environment after the Brexit vote, according to the National Multifamily Housing Council.

D.R. Horton Inc., the largest U.S. homebuilder, reported an increase in fiscal third-quarter earnings as a limited number of existing properties on the market helped fuel demand for new houses.

Home prices rose 5.6% in May from a year earlier as buyers competed for a scarcity of listings, the Federal Housing Finance Agency said in a report.