Real estate

Homebuyers snapped up properties more quickly in May, the brokerage firm Redfin said.

Residential mortgages for new purchases increased in May, after a steady decline for the previous 12 months, according to Ellie Mae's monthly volume report.

Amalgamated Bank in New York has reached an agreement with a real estate firm to provide construction loans for apartment and condo buildings in New York.

The decline in foreclosures and short sales is contributing to the dearth of housing inventory, complicating the prospects for home buyers feeling the pinch of tight credit and lenders that need purchase mortgages to supplant refinancing once interest rates rise.

RealtyMogul.com said it reached agreements for a total of $250 million in capital, which it will use to offer new products.

Southern California homebuilders Standard Pacific and Ryland Group said they agreed to merge, creating a company with about 74,000 home sites and resources to expand.

A decade after home sales peaked, 15.4% of owners in the first quarter owed more on their mortgages than their properties were worth.

Home equity in the first quarter rose to $11.7 trillion, the highest since 2007, according to a Federal Reserve report.

The mortgage lender Nationstar Mortgage Holdings is pouring a lot of energy into a digital and mobile homebuying platform called Xome. The strategy could attract tech-savvy millennials but carries plenty of risks including whether consumers would be improperly steered to its products.

Stewart Title Guaranty has agreed to offer a voluntary Deloitte & Touche compliance service to its independent title and settlement agents.

Most Americans still believe the country remains in a housing crisis, according to a new study from the MacArthur Foundation.

Hovnanian Enterprises fell the most since 2011 after Chief Executive Officer Ara Hovnanian said he was disappointed following a widening in the company's quarterly loss and drop in its profit margin.

The gap between how much homeowners think their home is worth compared to appraisers' values has grown wider, according to a Quicken Loans report.

Cerberus Capital Management is buying about 4,200 U.S. houses, expanding its foray into home rentals in the industry's largest bulk purchase.

Millennials have been priced out of some of the biggest U.S. cities, with residential real estate prices rising even as wage growth remains elusive.

The title insurance industry in the United States looked a whole lot better in 2014, according to a recent study by Fitch Ratings.

The number of delinquent loans backing commercial mortgage-backed securities dropped significantly in May, according to a report by Trepp.

Signs of increased underwriting discipline dissolved in the first quarter, creating a challenge for U.S. CMBS investors, according to Fitch Ratings.

A case study of two ZIP codes confirms what people have thought for years: younger professionals have helped revitalize once-neglected, inner-city neighborhoods.

There could be a new wave of delinquencies among home equity line of credit borrowers as a large percentage are moving into the repayment phase, a report from Experian said.