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Welcome to the 49th edition of the St Louis Refinancing Mortgage Minute Edition 49 | Floyd Tapia | 877-334-0210
Archive for April, 2010
St Louis Refinancing Mortgage Minute Edition 49
Tuesday, April 20th, 2010Welcome to the 49th edition of the St Louis Refinancing Mortgage Minute Edition 49 | Floyd Tapia | 877-334-0210
St Louis Mortgage News Say More Foreclosures On the Way
Monday, April 19th, 2010
News: Bad News As More Foreclosures On the Way
In the last quarter of 2009, the amount of St Louis mortgages falling behind by 90 or more days increased 21.1 percent, resulting in even more foreclosures ahead, according to a study from the Office of the Comptroller of the Currency (OCC) and the Office of Thrift Supervision (OTS).
The St Louis Refinancing Group news team also reported that data handed out by the (more…)
St Louis Mortgage Analysts No Longer Optimistic at HAMP Stopping Foreclosures
Sunday, April 18th, 2010
News: Even the Treasury With Mixed Comments Knows HAMP Not Working
With the numerous reported failures of the federal program known as HAMP, inside senior officials seem to be jumping on the band wagon sharing their new found pessimistic viewpoints on where this program may be headed.
With letters being traded between Neil Barofsky, special inspector general for the Troubled Assets Relief Program (TARP), and one key senator, he has recently said (more…)
St Louis Refinance Community Shocked at Borrowers Losing Bailout Help
Saturday, April 17th, 2010
The St Louis refinance industry is puzzled at the report coming from the Treasury Department stating that approximately 90,000 distressed homeowners may lose their federal mortgage funding that was made available by the foreclosure prevention programs.
But the news may prove to be much more damaging. This announcement includes (more…)
St Louis Mortgage Brokers Watch Seven More Banks Fail
Friday, April 16th, 2010
St Louis Mortgage Refinancing and Real Estate News –
News: Another Seven More Banks Fail
The banking crisis seems to be far from over. With only 4 months into the year, another seven more banks have gone to the way side.
Yes, the FDIC’s failed bank list jumped (more…)
St Louis Refinancing Mortgage Minute Edition 48
Thursday, April 15th, 2010Audio
Welcome to the 48th edition of the St Louis Refinancing Mortgage Minute Edition 48 | Floyd Tapia | 877-334-0210
News Topic: Avoid This Borrowing Mistake: Don’t Be Frivolous -
St Louis Home Loan Experts Reports Home Mortgage Fraud Down
Wednesday, April 14th, 2010
St Louis Mortgage Refinancing and Real Estate News –
News: Fraudulent Home Mortgage Practices Are Dropping
A report just released said one in every 200 residential loans funded last year which totaled $14 billion, involved some type of fraudulent activity, according to First American CoreLogic.
Although this may look like an an unsettling amount of shadiness lurking within the mortgage market, the (more…)
St Louis Refinancing Mortgage Minute Edition 47
Tuesday, April 13th, 2010Audio
Welcome to the 47th edition of the St Louis Refinancing Mortgage Minute Edition 47 | Floyd Tapia | 877-334-0210
News Topic: A Potential Money Mistake: Co-signing a Loan -
St Louis Mortgage Analysts Say Mortgage Originations Down from 2010 Projection
Monday, April 12th, 2010
St Louis Mortgage Refinancing and Real Estate News –
News: 2010 Projected Mortgage Originations Are Down Again
Fannie Mae downsized its mortgage origination projection for 2010 for the second month after new and existing home sales dropped sharply in January.
Even though this downturn is (more…)
