The Mercury Alliance, LLC was formed in 2005 by Tom DiMercurio who has had a storied career in specialized real estate assets, non-performing real estate loans and REO.

Mission Statement of The Mercury Alliance, LLC:To develop, implement and monetize specialized real estate strategies of benefit to investors/clients focused on liquidity and the time-value of money. Click here to search for a gay or lesbian real estate agent anywhere in the country. Professional/Personal Distinctions: BA, MBA, Member NAREB (Director), NAHREP, NAR, CAR, […]

“Cash-out” refinances hit a 26-year low in the fourth quarter at Freddie Mac, as more homeowners looked to maintain or lower their mortgage balance. The mortgage giant said Thursday 85% of borrowers refinanced with the same or lower loan balance, a bump up from 82% in the third quarter. That breaks down to 37% who maintained their balance and 49% who lowered it by paying additional money at closing. Cash-out refinances, or balances increased by at least 5%, made up […]

Federal ReserveChairman Ben Bernanke told lawmakers a recovery minus housing growth is hurting the American economy. While testifying in front of a congressional committee, Bernanke acknowledged today’s slow recovery is significantly different from the pro-growth period that followed the early 1980s recession. Bernanke told lawmakers there are key differences in the two recovery periods — one of them being the absence of a housing recovery after the post-2009 recessionary period. Comparatively, other post-recession cycles — including the 1980s upswing — […]

Forty-three percent of Americans like big, suburban homes, but the majority prefers condos, apartments, and smaller homes, Chris Nelson, who heads the University of Utah’s Metropolitan Research Center, said at a smart growth conference this week. Nelson said that there needs to be less building of large homes and more concentration on constructing smaller houses and attached residences to meet future demand. “Is it any wonder that suburban homes are plummeting in price, because there is far less demand of […]

Beazer Homes USA Inc.  ($16.72 0.09%) turned a first-quarter profit with the homebuilder recording more home orders and closings. The Atlanta-based builder posted earnings of $739,000, or 1 cent a share, on revenue of $188.5 million for the period ending Dec. 31. Beazer bested the concensus estimate that the homebuilder would lose 36 cents a share in the quarter, according to analysts polled by Yahoo Finance. That compares to a net loss of $48.8 million, or 65 cents a share, […]

Dennis specializes in gay, lesbian, bisexual and transgendered relocations to or from the greater Spokane area.

Over 19 years experience in all price ranges and area locations. Discrete, honest, professional service. 

Connected to many local diverse organizations including being a board member for the Inland Northwest Business Alliance, a gay/gay-friendly business networking group. 

Please contact me anytime! Click here to search for a gay or lesbian real estate agent anywhere in the country. Professional/Personal Distinctions: GRI:Graduate of the Realtors Institue, ABR: […]

The Federal Housing Finance Agency is pulling back from plans to revise the minimum servicing fees paid on Fannie Mae and Freddie Mac loans, and it also reportedly has abandoned a proposal to adopt a “fee for service” compensation model. The planned overhaul had generated much criticism from servicing advisory firms, particularly because no guidance was issued as to what servicers would earn on delinquent loans.   The author of this article is: realtormag.realtor.org  See the original post at: http://realtormag.realtor.org/daily-news/2012/02/02/fhfa-backing-away-servicing-fee-changes […]

The percentage of delinquent mortgages held by Fannie Mae and Freddie Mac ended 2011 below levels seen a year earlier. The 30-plus-days delinquency rate on single-family homes on Fannie Mae’s book fell 0.09 points to 3.91% in December from the previous month after holding steady at 4% for three months, according to its monthly summary. The rate has either fallen or remained constant every month since December 2010 when the single-family delinquency rate was 4.48% The multifamily serious delinquency fate […]

Forty-two percent of Americans say they wouldn’t want a celebrity as a neighbor, and they especially wouldn’t want to live anywhere near the cast of the reality TV show “Jersey Shore,” according to the fifth annual Zillow Celebrity Neighbor Survey for 2012. On the other hand, 11 percent of those surveyed, said they’d most like to be neighbors with Tim Tebow, the Denver Broncos quarterback. Tebow had the highest ranking among celebrity neighbor wannabes. Meanwhile, Angelina Jolie and Brad Pitt […]

Mortgage applications declined last week as the market braced for another two years of low, short-term interest rates, an industry trade group said Wednesday. The Mortgage Bankers Association’s market composite index — a measure of loan application volume — fell 2.9% on a seasonally adjusted basis from a week earlier. The refinance index fell 3.6% from the previous week and the seasonally adjusted purchase index declined 1.7%. The refinance share of mortgage activity fell to 80% of total applications, compared […]