Archive for October, 2010

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St Louis Finance: United States Losing Competitiveness In The World

Friday, October 29th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: The United States Losing More Competitiveness
News Press Hot Line: 314-334-0210 | Floyd Tapia


More gloomy financial news for America. According to the Global Competitiveness Report for 2010-2011, released by the World Economic Forum, the United States (more…)

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St Louis Lending Community: Double Dipping On The Way

Wednesday, October 27th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Clear Capital Predicts Double Dip Coming
News Press Hot Line: 314-334-0210 | Floyd Tapia


Momentary good news has home prices gaining 5.7 percent over three months ending in August, according to real estate data provider Clear Capital. But analysts (more…)

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St Louis Mortgage: Some Homeowners Given Refunds While Others Received Loans

Monday, October 25th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance: And So It Goes… the Government Giveth and Taketh Away
News Press Hot Line: 314-334-0210 | Floyd Tapia


When it rains it pours. According to a report from the Inspector General for Tax Administration, about 950,000 of the nearly 1.8 million Americans who claimed the (more…)

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St Louis Home Loan: FHA Insurance Increase

Friday, October 22nd, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: As FHA Insurance Increases, How Long Will They Take To Work?
News Press Hot Line: 314-334-0210 | Floyd Tapia


In the month of August 2010, the Senate approved a bill that would allow the FHA to raise insurance premiums on the mortgages it backs. The changes took effect (more…)

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St Louis Home Mortgage: National Trade Deficit Gap Drops

Thursday, October 21st, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: National Trade Deficit Drops
News Press Hot Line: 314-334-0210 | Floyd Tapia


Recent news covered a report from the Commerce Department saying the national trade deficit fell to $42.8 billion from $49.8 billion in June, below the forecast of a $47.3 billion gap (more…)

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St Louis Finance: Title Insurance Premiums Are Down

Tuesday, October 19th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: ALTA Says Title Insurance Premiums Down
News Press Hot Line: 314-334-0210 | Floyd Tapia


Recent financial news reports that according to a market share analysis done by the American Land Title Association (ALTA), title insurance premiums decreased (more…)

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St Louis Mortgage: Delaying Foreclosures May Cost Lenders Money

Monday, October 18th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: The Possibility of Foreclosure Delays May Cost Lenders
News Press Hot Line: 314-334-0210 | Floyd Tapia


Recent letters that have been sent to servicers announced that Fannie Mae will now review the compensatory fees due to servicers in cases where the (more…)

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St Louis Mortgage: Delinquency Rates Remain High For HFA

Sunday, October 17th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Loan Delinquencies May Be Slowing For HFAs
News Press Hot Line: 314-334-0210 | Floyd Tapia


In the first quarter of 2010, state housing finance agencies’ (HFAs) delinquencies declined for the first time since overall performance of loans began to deteriorate in (more…)

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St Louis Finance: Jobless Claims Going Down

Thursday, October 14th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Jobless Claims Seem To Be Going Down
News Press Hot Line: 314-334-0210 | Floyd Tapia


Brand new weekly report provided by the Labor Department reported that there were 472,000 initial jobless claims filed in the week ending August 28, (more…)

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St Louis Commercial Lending: Delinquency Rates Seem To Be Mixed

Wednesday, October 13th, 2010


St Louis Mortgage and Real Estate News –

St Louis Commercial Financing News: Commercial Delinquencies Are Mixed
News Press Hot Line: 314-334-0210 | Floyd Tapia


New findings by the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report said that delinquency rates were mixed in the second (more…)

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