Total existing-home sales, including single-family homes, townhouses, condominiums, and co-ops, inched up 2.4 percent in September to a seasonally adjusted rate of 5.17 million, the National Association of Realtors (NAR) reported Tuesday. While September's sales rate marks a 2014 high, transaction volume remained down 1.7 percent compared to last September's annual sales rate of 5.26 million units.

Credit reporting agency Equifax released on Monday its latest National Consumer Credit Trends Report, revealing that the total balance of new credit for revolving home equity loans in the year's first seven months was $65.9 billion. The figure, up 21.4 percent year-over-year, marks a six-year high.

The Office of the Commissioner of Financial Regulation in Maryland shut down NBRS Financial, based in Rising Sun, appointing FDIC as receiver, according to dual releases from both agencies. The latest collapse follows a quiet period after what had been an active summer for FDIC. Last year, the agency announced 24 bank closings, 22 of which had already occurred by this time.

At the national level, Realtor.com reported the median age of September's housing stock was 90 days, four days longer than August's median age as home shoppers back off for the season. Compared to last year, though, September's median inventory age was down three days, indicating demand is still there. The number of listings last month was approximately 1.87 million, down 2.7 percent annually and 7.9 percent monthly.

According to transaction data from CoreLogic, home sales transacted entirely in cash accounted for 32.9 percent of total home sales in July, down from 35.9 percent in July 2013. It was the lowest cash sales share since August 2008. As of July, all-cash sales were still well above their pre-crisis average of 25 percent as traditional mortgage buyers still find it difficult to get a foot into the market.

As the Consumer Financial Protection Bureau (CFPB) puts a more focused eye on mortgage servicing transfers, one document processing firm says faulty servicer database records could impact hundreds of thousands of homeowners across the country.

Citing "people familiar with the matter," the Wall Street Journal reported Friday that the two GSEs and their conservator are nearing an agreement with lenders that would set clearer definitions of when a loan is considered to be in breach of GSE selling requirements. The agreement could be announced as soon as next week, according to the publication.

Larry Gunnin, a mortgage industry veteran with more than three decades of experience, joined Mortgage Network Inc. as Southeast regional manager, the company announced.

In California, First American Financial Corporation announced that its Mortgage Solutions group has been named a distributor of Freddie Mac's Home Value Suite.

According to an analysis from Redfin, housing stock in all of its tracked markets totaled 563,377 in September, up 4.1 percent from August and 6.3 percent from a year prior. Even with the unexpected rise in inventory, analysts at the company expressed doubt that supply will be able to keep pace with demand in the coming months, especially with home affordability still looking favorable.