Business - Real Estate

WASHINGTON (Reuters) - Sales of previously owned U.S. homes rose in October at a faster-than-expected pace to the highest in more than 2-1/2 years as buyers rushed to take advantage of a popular tax credit, a survey showed on Monday. Full Story »

New York (Reuters) - Sales of existing U.S. homes likely rose for a second consecutive month in October, reaching their highest since July 2007, according to a Reuters poll, as buyers scrambled to take advantage of greater affordability and a first-time home buyer tax credit. Full Story »

CONCORD, N.H. - The New Hampshire attorney general's office wants to force a mortgage company that closed suddenly into bankruptcy. Full Story »

Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday. Full Story »

WASHINGTON — National Association of Realtors releases existing home sales for September, 10 a.m. Full Story »

Canadian investor Arthur Wong is buying condos in Las Vegas and Phoenix like a shopper at Costco: In bulk, with slashed prices. Full Story »

EUGENE, Ore. - A federal grand jury in Eugene has indicted 13 people on mortgage and loan fraud charges arising from the collapse of a central Oregon development company. Full Story »

LOS ANGELES - Selling a home without a real estate agent can save thousands of dollars in commission fees, but it can also be a painstaking, confusing task. Full Story »

RIVERSIDE, Calif. - State and federal prosecutors have charged seven people in an alleged securities scam that cheated dozens of people out of $17 million. Full Story »

Even as the U.S. economy expanded in the third quarter, the nation's eroding labor market sent the mortgage delinquency rate to new heights and created fresh headaches for the Obama administration. About 1 in every 7 home loans in the country was either past due or in foreclosure at the end of the third quarter, according to the Mortgage Bankers Association's most recent National Delinquency Survey. That's the highest delinquency rate in the survey's history (the data begin in 1972). ... Full Story »

The vultures are circling commercial real estate. But are they too numerous and too early? Full Story »

Will borrowers and banks have to pitch in to lift the Federal Housing Administration's dangerously dwindling reserves? Full Story »

WASHINGTON - The foreclosure crisis likely will persist well into next year as high unemployment pushes more people out of homes, pulls down housing prices and raises concerns about the broader economic recovery. Full Story »

Foreclosures hitting more people with good credit Full Story »

FORECLOSURES RISE: The Mortgage Bankers Association reported that 14 percent of homeowners with a mortgage were either behind on payments or in foreclosure at the end of September. That was a record-high figure for the ninth straight quarter. Full Story »

WASHINGTON - A new federal program to support state and local housing finance agencies is expected to involve more than $29 billion in government support, Fannie Mae and Freddie Mac disclosed Thursday. Full Story »

NEW YORK - A Long Island woman convicted of acting as a "straw buyer" in a mortgage fraud scam has been ordered to give lectures on the perils of participating in such criminal schemes. Full Story »

DENVER - Colorado had a record-high number of new foreclosures in the third quarter, when new filings hit 12,468. Full Story »