The average price of a hotel room around the world rose by 3 percent during 2012, compared with the previous year, according to the latest Hotels.com Hotel Price Index.The rate of increase has moderated when judged against the 4 percent rise in

Six federal financial regulatory agencies last month issued a final rule that establishes new appraisal requirements for what are being termed as higher-priced mortgage loans.The rule implements amendments to the Truth in Lending Act made by the

Through its lending, tax-credit equity investments, and real estate development programs, Bank of America Merrill Lynch says it last year provided more than $2.6 billion for community development—commitments that it claims will help create in

Fitch Ratings, of New York, says it expects the gap between rising U.S. college costs and available financing to continue expanding in future years as a result of static federal loan limits and ongoing congressional debate over fiscal spending will

Sandpoint-based Intermountain Community Bancorp, which operates Panhandle State Bank and Intermountain Community Bank, has reported fourth-quarter net income applicable to common shareholders of $910,000, or 14 cents a share, compared with or $1.08

The delinquency rate for U.S. commercial real estate loans included in commercial mortgage-backed securities fell 14 basis points in January to 9.57 percent, says a report issued late last month by Washington, D.C.-based finance research company at