Archive for November, 2010

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St Louis Home Mortgage: Give FHA More Authority

Thursday, November 18th, 2010


St Louis Mortgage and Real Estate News –


St Louis Finance News: MBA Says Give FHA More Resources and Authority
Home Mortgage and Commercial Loans | Principal Reductions
877-334-0210 or 314-334-0210 | Floyd Tapia


Just recently, a paper by the MBA entitled, “The Future of the Federal Housing Administration (FHA) and the Government National Mortgage Association (Ginnie Mae),” wants (more…)

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St Louis Mortgage: Banks Sinking Deeper Due To Bad Home Loans

Wednesday, November 17th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Banks Holding Large Volumes of Delinquent Home Mortgages
Residential and Commercial Loan Hotline: 314-334-0210 | Floyd Tapia


There ares new reports showing that the nations largest banks are still holding monstrous volumes of soured home loans.

This unprecedented housing crisis has not only left lenders knee-deep in a barrage of non-performers, but has added increased exposure to early (more…)

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St Louis Home Loan: Fannie, Freddie and the FHA In Trouble

Tuesday, November 16th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: There Is Trouble Brewing For The 3 F(s)
News Press Hot Line: 314-334-0210 | Floyd Tapia


Things are looking ever more so bleak for the big three lending monsters as we end this volatile 2010 year.

Now that we’ve gotten the third quarter reports from Fannie Mae, Freddie Mac and the FHA, the picture of housing’s future is becoming ever clearer.  The combined (more…)

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St Louis Finance: Analysts Say Bankruptcies Are Up

Monday, November 15th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Bankruptcy Filings Up Approximately 14 Percent
News Press Hot Line: 314-334-0210 | Floyd Tapia


Now that Congress has settled in with a new majority, one of the main issues that both parties should take a very close look at would be (more…)

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St Louis Lending: Consumer Debts Seem To Be Falling

Sunday, November 14th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Consumer Debt Slashing Nears $1 Trillion
News Press Hot Line: 314-334-0210 | Floyd Tapia


The Federal Reserve Bank of New York recently reported that total consumer debt was $11.6 trillion as of September 30 which was down 7.4 percent, or $922 billion, from (more…)

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St Louis Home Mortgage: Market Shows Lower Demand for Home Loans

Friday, November 12th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: There Is Less Demand For Mortgage Loans
News Press Hot Line: 314-334-0210 | Floyd Tapia


The Federal Reserve has recently reported that as of July, commercial banks have reversed their trend and have eased their lending standards. This was based upon (more…)

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St Louis Mortgage: Home Prices Drop Again

Thursday, November 11th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Home Prices Drop About 5 Percent
News Press Hot Line: 314-334-0210 | Floyd Tapia


According to the Clear Capital Home Price Index, national home prices fell 5 percent for the three months ending in October, while double-dip disparity still rages (more…)

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St Louis Mortgage Consumers Not Sympathetic That Banks Are Hurting

Monday, November 8th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Banks Financial Conditions Are Hurting According to Wall Street
News Press Hot Line: 314-334-0210 | Floyd Tapia


There is more bad news on Wall Street. Inside the great investment houses on Wall Street, business has taken a turn spirally downward. After an unusually sharp (more…)

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St Louis Home Loan Analysis: 10 Reasons To Own A Home

Saturday, November 6th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: According To The Wall Street Journal, Here Are 10 Reasons To Own A House
News Press Hot Line: 314-334-0210 | Floyd Tapia


1. You can get a good deal. Especially if you play hardball. This is a buyer’s market. Most of the other buyers have now vanished, as the tax credits on purchases (more…)

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St Louis Finance Experts Wonder If Raising Taxes Will Kill Small Businesses

Friday, November 5th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Will Raising Taxes Kill Small Businesses?
News Press Hot Line: 314-334-0210 | Floyd Tapia


Where is all the bipartisan efforts when needed? Just recently, Republicans have said that raising taxes on the wealthy would cause small businesses to hire (more…)

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