St Louis Refinancing Group Mortgage News –
News: Credit After a Short Sale versus Foreclosure
One of the most commonly asked questions about a short sale is how it will impact a consumer’s credit score and (more…)
Archive for the ‘mortgage news’ Category
Is It Easier to Get Credit After a Short Sale or Foreclosure
Wednesday, December 30th, 2009Short Sales May Be Easier to Attain for St Louis Mortgage Owners
Monday, December 28th, 2009St Louis Refinancing Mortgage News -
News: Government attempts to make short sales easier
The Obama administration laid out final guidelines that should make it easier for some financially troubled (more…)
Can the Federal Modification Program Rein In the Swell of Foreclosures
Saturday, December 26th, 2009St Louis Refinancing Mortgage News –
News: Foreclosures in 2010
According to a new study from the research team at Credit Suisse, the second half of 2010 will be a time of stabilization or a “renewed leg down” in housing, and it all depends (more…)
St Louis Refinancing Group Sees Latest Foreclosure Rescue Attempt
Thursday, December 24th, 2009St Louis Refinancing Mortgage News -
News: New rule to speed up foreclosure rescues
The latest foreclosure rescue attempt is a new rule that allows mortgage servicers to waive the escrow requirements for first-lien home equity lines of credit (HELOC) (more…)
Loan Modification Servicers Under the Gun to Produce
Wednesday, December 23rd, 2009St Louis Refinancing Mortgage News -
News: Loan Modification Takes a Slight Derailment
The Treasury department has become increasingly impatient with loan servicers and their performance in regards to negotiating loan modifications. The goal was to (more…)
St Louis Refinance Down With Bankruptcies Up Nearly 33 Percent
Monday, December 21st, 2009St. Louis Refinancing Mortgage News -
News: Bankruptcies up 33%
The American Bankruptcy Institute (ABI), an industry research firm, said 388,485 bankruptcies were filed during the last quarter, compared to 292,291 filed during (more…)
St Louis – Beware of Foreclosure Scams
Saturday, December 19th, 2009St. Louis Refinancing Group Mortgage News -
News: Foreclosure scams
The Federal Trade Commission (FTC) announced six new lawsuits brought against companies accused of running foreclosure rescue and loan modification scams. The suits are the latest action federal and state authorities are taking (more…)
Rebuilding Your Credit Even In This Bad Economy
Thursday, December 17th, 2009St. Louis Refinancing Group Mortgage News -
There are times in life when bad things happen to your finances. When one loses their job or experiences a medical condition, this can lead to foreclosure, even bankruptcy. Although these things (more…)
Is There A New Wave of Foreclosures Coming
Wednesday, December 16th, 2009St. Louis Refinancing Group Mortgage News -
Next wave of foreclosures coming?
According to a new report released this week by Standard & Poors (S&P), 93% of option-ARM buyers selected the worst, (more…)
Should Payment Option Adjustable Rate Loans Be Prohibited
Tuesday, December 15th, 2009St. Louis Refinancing Group Mortgage News -
Comptroller of the Currency John Dugan said regulators should prohibit lenders from making payment-option adjustable-rate loans (more…)
