The Federal Reserve Bank of St. Louis launched a new Web site feature Tuesday, designed to help the public keep track of major regulatory developments in the government’s actions for financial system reform .

While many reputable real estate research firms have reported smaller declines in home prices in recent months, but declines nonetheless, the Federal Housing Finance Agency (FHFA) released a report today that says U.

A real estate agent was found dead Saturday night inside a bank-owned home in Westchester, a community outside of Los Angeles. The body of Ricardo Contreras, 45, of Lakewood, California, was discovered by another real estate agent attempting to show the foreclosed home.

Irvine, California-based Real Estate Disposition Corporation (REDC) announced Monday that the company has snagged Richard M. Kent as SVP of its new commercial real estate auction division. Daniel Culler, COO of REDC’s commercial division, said, We are excited to announce the addition of Richard Kent to our executive team.

After a four-month-long search process, Freddie Mac announced Tuesday that its board of directors named finance industry veteran Charles E. Haldeman, Jr. as the company’s new CEO and has elected him as a member of the board – a move that was widely expected, as DSNews.

National housing prices fell 9.2 percent in May compared to a year ago, representing the smallest year-over-year decline recorded in 2009 and the lowest since December 2007, according to newly released data from First American CoreLogic and its LoanPerformance Home Price Index (HPI).

Despite a persistent economic downturn that has slowed or interrupted development among many firms, Southern California-based REOTrans, LLC continues to grow. The company recently revealed plans to relocate its corporate headquarters to the Howard Hughes Center just off the San Diego Freeway on the west side of Los Angeles.

The Treasury Department said last week that loan originations made by the nation’s largest banks grew modestly during the month of May, and according to a report issued this week by the Troubled Asset Relief Program’s (TARP) inspector general, a large majority of institutions who have received government bailout money say they’ve used the funds to write new loans.

The New York-based alternative asset management firm Fortress Investment Group LLC announced over the weekend that Daniel H. Mudd, Fannie Mae’s former chief, will take the helm at Fortress as the company’s new CEO.

Purchasers of single-family foreclosed homes offered through Freddie Mac’s HomeSteps division will receive a comprehensive two-year home warranty paid for by Freddie Mac, the company announced Monday.