Origination

Existing home sales in California declined in October, the California Association of Realtors reported.

Freddie Mac's decision to hike its delivery fees on higher LTV loans is raising hackles at the National Association of Realtors which has been calling on the GSEs to ease up on their "excessively tight" credit policies.

Existing home sales fell substantially in Illinois in October, the state’s Realtor group reported. But for the year to date, sales are off only a bit compared to the same period a year ago.

Housing production in the country’s most populous state fell again in October for the fourth consecutive month, the California Building Industry Association reported.

Home prices fell 0.7% in September -- the second monthly decline since July – with values sliding in 18 of the 20 cities measured by the Standard & Poor's/Case-Shiller house price index.

An American Indian bank, Oklahoma City-based Bank2, wants to partner with New Mexico tribal housing entities to drum up more Indian mortgages in the state.

It’s getting to that time of year when bears think about retreating to a cave and hibernating until spring. Unfortunately, it doesn’t seem as if the bears that inhabit this neck of the financial woods are in the mood to come in out of the cold.

A subsidiary of homebuilder Lennar Corp. completed its first closing of a real estate fund to invest in distressed real estate assets.

The National Association of Realtors is feeling somewhat hopeful about the commercial real estate market, projecting that vacancy rates in the non-residential sector will improve in the coming year.

Three industry groups are urging the Federal Reserve Board to postpone implementation of new mortgage disclosures that are scheduled to go into effect January 30.