Gail Liniger, who co-founded the Denver-based global real estate franchise REMAX with her husband Dave Liniger in 1973, has passed away at the age of 81. She was born Gail Main in St. Louis in 1945 and graduated with a marketing degree from the University of Southern...
Mortgage rates registered a scant increase in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.66% as of Aug. 27, inching up from last week when it averaged 6.65%. A year ago at this time, it...
There are some lessons the mortgage industry learned the hard way. We learned what happens when loans are made without adequately documenting income. We learned what happens when borrowers are qualified into products they do not understand or cannot reasonably afford....
The US housing market had a total of 39,906 residential properties with foreclosure filings during July, up 1% from the prior month and up 10% from one year ago. According to data from ATTOM, one in every 3,603 housing units nationwide had a foreclosure filing last...
Homebuyer affordability improved in July, with the national median mortgage payment applied for by purchase applicants decreasing to $2,175 from $2,191 in June. According to data from the Mortgage Bankers Association (MBA), last month’s national median mortgage...
A federal judge has blocked the Department of Housing and Urban Development (HUD) from changing a federal grant program designed to fund housing discrimination investigations conducted by more than 100 nonprofit organizations. Reuters reports US District Judge Myong...
