A federal appeals court has sided with lenders challenging an injunction in Rhode Island’s improper foreclosure case, remanding the case back to U.S. District Court for further review. more

BOSTON – Gov. Deval L. Patrick last week announced a new housing compact that creates a goal of providing 10,000 mortgage loans to first-time homebuyers over the next five years. more

A settlement between the federal Consumer Financial Protection Bureau and a Texas homebuilder is drawing renewed attention to a controversial issue that was prominent during the years preceding the housing bubble: kickbacks in home real estate transactions. Put another way, do you know where your money is really going when you pay thousands of dollars in loan fees and closing charges? Is your realty broker or builder getting an extra piece of the action through side deals with lenders or title agencies – all at your expense through higher charges? more

BOSTON – As part of $563 million set aside by the U.S Department of Housing and Urban Development, the Narragansett Indian Tribe has received a grant of $499,110 to support efforts to maintain … more

The number of homes in Rhode Island with underwater mortgages increased to 25.8 percent during the first quarter of 2013, CoreLogic reported Wednesday. more

A new report has shown that Providence is the only one of the country’s top 100 housing markets that is currently classified as “dangerous” for investors, bucking generally positive national trends for home buyers, HomeVestors of America Inc. and Local Market Monitor reported late last week. more

Here’s a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren’t sufficient to qualify for a mortgage under today’s tough underwriting standards: Thanks to a rule change by the largest players in the home-loan business, you may be able to use imputed income from your 401(k), IRA and other retirement assets to qualify for the loan you want. more

Julie Longtin, owner of RE/MAX Cityside, was recently named a 2012 CoStar Power Broker by CoStar Group. Longtin qualified as one of the top commercial brokers in Providence based on the total sales transactions she closed during the year, which include multimillion-dollar transactions of multiple real estate portfolios located on the East Side and West End of Providence. These portfolios consisted of 67 apartment rental units, three parking lots and two vacant lots. Longtin was evaluated against other commercial real estate brokers active in the region by CoStar Group. more

Rhode Island single-family home sales rose 7 percent in April compared with the same period last year, the Rhode Island Association of Realtors said Thursday. more

Providence communities lost more than $200 million in wealth due to the foreclosure crisis in 2012, according to the “Wasted Wealth” report from the Alliance for a Just Society. more