Origination

The "shadow" inventory of homes that could reach market increased to 2.1 million units in August, an 11% jump from the same period a year ago, according to new figures provided by CoreLogic, Santa Ana.

The split in the commercial real estate market continues to widen, with historically high prices being paid for institutional properties in top markets.

BNCCorp Inc., Bismarck, N.D., will retain its Scottsdale, Ariz., stand-alone mortgage banking office, even after it sells its retail banking branch in that city to Alerus Financial Corp., Grand Forks, N.D.

A new report on the failure of WesCorp Federal Credit Union concludes that the one-time $32 billion corporate CU had too much of its investments tied to a single real estate market — its home state of California — and one issuer, Countrywide.

According to the latest data from Housing Intelligence, the Carolinas are the place to be. Of the 17 markets in the country which had 1,000 new home closings or more in the third quarter, 10 were in North and South Carolina.

Work from home without looking like itThe mobile workforce is expected to grow to 1.2 billion people (one-third of the existing global workforce) by 2013, according to IDC Research. For those of us who work from home or know someone who does, it’s easy to see why. Being a remote worker has a lot of benefits—little or no commuting time, the ability to time shift when needed, keeping a job when you have to move away, and more.

NEW ORLEANS—Overlays are killing otherwise good deals, the leadership of the National Association of Realtors charged here earlier this month.It’s bad enough that private lenders are making hardly any loans that are not insured by the Federal Housing Administration or purchased by the government-sponsored enterprises, they complained.

NEW ORLEANS—Overlays are killing otherwise good deals, the leadership of the National Association of Realtors charged here earlier this month.It’s bad enough that private lenders are making hardly any loans that are not insured by the Federal Housing Administration or purchased by the government-sponsored enterprises, they complained.

NEW ORLEANS—Following two straight months of improvement, pending home sales dipped 1.8% nationally in September, the National Association of Realtors reported at it’s annual convention here earlier this month.

Existing home sales fell 9.8% in October from the previous month, according to the RE/MAX National Housing Report.