Archive for August, 2011

St Louis Mortgage Lending and Home Loan: Contractors Owe Back Taxes

Tuesday, August 30th, 2011


St Louis Mortgage and Real Estate News -

St Louis Mortgage Broker and Lending News: Stimulus Contractors Owe Back Taxes
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Reduction


A federal investigation has found that thousands of contractors who got stimulus money through Obama’s American Recovery and Reinvestment Act to do such things as (more…)

St Louis Mortgage Broker and Loan: MBA CEO Testifies

Wednesday, August 17th, 2011


St Louis Mortgage and Real Estate News -

St Louis Mortgage Lending and Commercial Mortgage News: MBA – CEO Testifies
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Reduction


David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), testified before the Senate Committee on  Banking, Housing and Urban Affairs’ Subcommittee on Housing, Transportation and Community Development on “The Need for National Mortgage Servicing Standards.”

Following are portions  of his remarks:  “Presently,  servicers face a growing number of checks and balances, ranging from federal laws and regulations, such as (more…)

St Louis Home Loan and Mortgage Refinancing: More Political Interference

Sunday, August 14th, 2011


St Louis Mortgage and Real Estate News -

St Louis Mortgage and Refinancing Loans: There Is More Political Interference
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Reduction


Calling housing “the biggest headwind on the economy right now,” Obama broached two relatively new ideas for the White House:
Longer-term mortgage (more…)

St Louis Commercial Mortgage: Business Inventories Up

Saturday, August 6th, 2011


St Louis Mortgage and Real Estate News -

St Louis Commercial Financing and Loan News: Business Inventories Seem To Be Up
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Reduction


The Commerce Department said inventories increased 1.0 percent to $1.48 trillion, the highest level since November 2008, after increasing by an upwardly revised 0.7 percent in February.

Economists polled by Reuters had forecast inventories (more…)

St Louis Mortgage Lending and Home Loan: 7 Year Foreclosure Backlog

Friday, August 5th, 2011


St Louis Mortgage and Real Estate News -

St Louis Mortgage Loan and Refinancing News: NY Foreclosure Courts Face 7 Year Backlog
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Reduction


According to RealtyTrac, at the rate the New York court systems are currently working through the backlog of foreclosure cases, it will take more than (more…)