Real estate

With older appraisers retiring and fewer and fewer college graduates entering the profession, industry observers say that, in five to 10 years, there won't be enough appraisers to handle the volume of home sales. For lenders, that could mean higher appraisal fees and long delays in closing loans — at a time when technology could be speeding up the process.

Mortgage applications decreased for the week ending May 15, according to the Mortgage Bankers Association's Weekly Mortgage Applications Survey.

New residential construction surged in April to the highest level in more than seven years, indicating the industry regained its footing after the soft patch at the beginning of the year.

Politicians and regulators need to get with the times — for the sake of the housing market and its participants.

Dime Community and Flushing Financial are selling real estate in the borough, taking advantage of rising real estate prices. The banks are using process to reinvest in branches and technology.

April home sales were up 5.4% and prices up 6.5% from the previous year, real estate brokerage Redfin reported.

Small loan amounts are offered at more expensive rates than those of higher amounts, according to an analysis of loan requests and quotes on Zillow Mortgages.

Abid Gilani, a Wells Fargo senior vice president, was one of the victims in the derailment of an Amtrak train outside of Philadelphia on Tuesday.

WashingtonFirst Bankshares in Reston, Va., has agreed to buy direct mortgage lender 1st Portfolio Holding Corp. in Fairfax, Va.

ACORE Capital announced Tuesday its formation as a commercial real estate finance and risk management solutions provider.

ING Real Estate Finance said that Craig Bender will reclaim his position as managing director as ING relaunches its U.S. real estate lending operations.

WASHINGTON — A new mortgage disclosure regime due to take effect on Aug. 1 is unlikely to cause closing delays, according to Consumer Financial Protection Bureau Director Richard Cordray.

Can Rupert Murdoch take an online fixer-upper and turn it into a digital real estate profit spinner? We're about to find out.

A lot of bankers want on-balance-sheet mortgages declared ultrasafe under federal rules, and Wells Fargo executive Brad Blackwell explains why he thinks it's in their self-interest more than ever to live up to their arguments in favor of such a policy.

Real estate buyers seeking money to renovate and flip houses are getting help from some of the world's biggest investment firms.

Most title professionals will be prepared when the Consumer Financial Protection Bureau implements its TILA-RESPA Integrated Disclosure rule on Aug. 1, according to the American Land Title Association.

Increased wealth inequality among Americans is correlated with decreasing levels of homeownership, a new study from the National Association of Realtors reports.

Commercial and multifamily mortgage loan originations in the first quarter were up 49% year over year, according to the Mortgage Bankers Association.

Real estate investors are shifting their purchases to multifamily properties as the number of available distressed single-family homes for sale has been depleted over the past two years.

PHH Corp. reported a strong jump in income due to favorable adjustments to mortgage servicing rights and increased mortgage application volume.