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Heading into an economic downturn, hotels are often among the first industries to suffer. Now, vacancies are on the rise amid a construction boom. Investors, meanwhile, are trying to determine which hotel companies are best positioned to ride out a downturn.

Heading into an economic downturn, hotels are often among the first industries to suffer. Now, vacancies are on the rise amid a construction boom. Investors, meanwhile, are trying to determine which hotel companies are best positioned to ride out a downturn.

A judge has penalized Wells Fargo & Co., saying it failed to monitor a mortgage-servicing company. It is an instance of blame falling on a portion of the mortgage industry that had largely gone unscathed.

The number of borrowers delinquent on their home loans rose at a slower pace for the third month.

The number of borrowers delinquent on their home loans rose at a slower pace for the third month.

Consumer confidence continued to weaken in April, posting a fourth consecutive decline. Meanwhile, home prices fell 12.7% in 20 major cities amid slumping home sales and an increasing inventory of vacant homes.

The Bank of England’s chief said falling house prices are likely to cut consumer borrowing and slow spending growth.

U.K. house prices could drop by around 30% over the next couple of years if more interest-rate cuts don’t come quickly, a member of the Bank of England’s Monetary Policy Committee said.

Lenders are seeing a rapid rise in defaults on a type of mortgage that gives consumers with good credit several different monthly-payment options.

Dubai’s real-estate market is booming. But a series of legal tussles and property-related scandals could dent foreign-investor confidence and tarnish the business-friendly reputation the government has tried so hard to burnish.