With the unemployment rate at an all-time low, employment in the mortgage industry is following suit. According to the Third Quarter Mortgage Employment Analysis from Mortgagedaily.com, mortgage employers eliminated 710 more positions during the third quarter than they added.

Redfin, an online brokerage, recently released a new version of the website. This new site features near-real-time data and photos of recent home sales, as well as automatic links to blog discussions of a listing, according to Redfin.

In an announcement made today by Grubb & Ellis, Thomas P. D'Arcy has been named as the company's president,CEO, and newest member of the board of directors.

In an announcement coming today from the HUD Mortgage Review Board (MRB), two FHA-approved lenders will be facing penalties for alleged violation of a variety of FHA lending and marketing standards.

As homes with negative equity decreased, home values showed short term stabilization, and foreclosures increased, according to the third quarter Zillow real estate market report.

The ideal time to invest in commercial real estate is 2010 that's when commercial property prices will hit bottom, according to a recently published survey of industry experts, including investors, developers, lenders, brokers, and consultants. The Emerging Trends in Real Estate 2010 study, released last week by PricewaterhouseCoopers LLP (PwC) and the Urban Land Institute (ULI), says commercial real estate (CRE) players predict vacancies to continue to increase and rents to decrease across all property sectors before the market hits bottom next year.

The National Association of Realtors announced Monday that it has acquired technology from LPS Real Estate Group,, a subsidiary of Florida-based Lender Processing Services Inc. (LPS), to create a database of all properties in the United States

Bank failures continue to mount, even as the U.S. economy is beginning to show signs of improvement.

Nine of the 10 major financial institutions deemed to be under-capitalized by regulators earlier this year following the infamous stress tests have now sufficiently raised their capital levels to meet or exceed officials' buffer requirements, the Federal Reserve said Monday.

The U.S. Treasury has blocked a deal struck between Fannie Mae and third-party investors that would have allowed the GSE to sell off half of its $5.2 billion in low-income housing tax credits.