Posts Tagged ‘banks’

St Louis Finance and Customer Financing: Banks Offered A Deal

Sunday, December 18th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Broker and In-House Financing News: Banks Offered Deal

St Louis Home Mortgage, Consumer Financing and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Financing, Financing For Customers and Principal Loan Reduction


Big U.S. banks in talks with state prosecutors to settle claims of improper mortgage practices have been offered a deal to limit part of their legal liability in return for a multibillion dollar payment. According to five people with direct knowledge of (more…)

St Louis Commercial Real Estate Loans: Small Banks Hurting

Saturday, June 11th, 2011


St Louis Mortgage and Real Estate News –

St Louis Commercial Financing and Mortgage: Commercial Real Estate Hurting Small Banks
St Louis Home Mortgage, Consumer Finance and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Consumer Financing and Principal Loan Reduction


The delinquency rate on commercial mortgage-backed securities hit a record 9.62 percent in April, according to a report by Trepp, a firm that tracks commercial real estate and banking data.

Analysts expect that to rise above (more…)

St Louis Loan: Your Bank Notices You More Than You Think

Tuesday, June 7th, 2011


St Louis Mortgage and Real Estate News –


St Louis Mortgage Lending, Customer Financing and Home Loan News: You May Be Shocked At How Far Your Bank Will Go To Know More About You
St Louis Home Mortgage and Commercial Loans | In-House Financing | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending, Consumer Lending and Loan Reduction


If you ask the average banking customer, most will readily agree that they are no longer close to their bank and feel they are just a faceless number.

But you may be in for a big surprise. In fact, your bank is keeping a closer eye on you especially in the economically harder times.

Now that there are tighter credit standards and newer ways in preventing credit fraud (more…)

St Louis Home Mortgage and Loan Reduction: Banks Want Probe Gone

Tuesday, May 31st, 2011


St Louis Mortgage and Real Estate News –

St Louis Mortgage Rates and Customer Financing News: Banks Offer $5 Billion To Close Foreclosure Probe
St Louis Home Mortgage Lending, Consumer Lending and Consumer Loans | In-House Financing | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Principal Loan Reduction


The nation’s biggest banks are willing to pay as much as $5 billion to settle claims by federal and state officials of improper mortgage-servicing practices, according to people familiar with the situation. 

The offer is considerably less than the amounts sought by state and federal officials, some of whom are (more…)

St Louis Home Mortgage: Foreclosures May Be Slowing

Saturday, May 7th, 2011


St Louis Mortgage and Real Estate News –

St Louis Mortgage Lending and Home Loan News: Foreclosures Slow, But…
St Louis Mortgage and Commercial Loans | Principal Reduction Program |
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Reduction


According to a report released by the Office of the Comptroller of the Currency (OCC) and the Office of Thrift Supervision (OTC), foreclosures slowed in the fourth quarter 2010.

However, as far as long-term outlooks, it has only been a brief reprieve since banks will move more aggressively back into the foreclosure process following a (more…)

St Louis Mortgage and Debt Negotiations: Lawsuits Increase

Saturday, February 19th, 2011


St Louis Mortgage and Real Estate News –

St Louis Finance and Loan Audit News: Lawsuits Against Banks Increasing At Alarming Rates
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program |
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage


At the close of the year, December 2010 brought no good news to some of the largest banks nationwide.

JPMorgan Chase, PNC Financial, and Ally Financial disclosed suits  in a growing number of banks under investigation by state and federal officials for sloppy or even fraudulent foreclosure paperwork not to mention mortgage origination snafus.

All mentioned banks face lawsuits (more…)

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…)

St Louis Mortgage Report Suggests America Facing A Major Depression

Tuesday, August 24th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: More Bleak News Facing America As Predicted Depression Strikes
News Hot Line: 314-334-0210 | Floyd Tapia


The St Louis Refinancing Group news team has held the views of Financier and Hedge Fund Specialist Richard Geller as a welcome depiction of how our economy is (more…)

St Louis Mortgage Lenders Say No Loans To Small Businesses

Thursday, July 29th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: St Louis Small Business Loans Drying Up [News Hot Line: 314-334-0210 | Floyd Tapia]


Small business loans have dropped considerably from $710 billion that was made available in the (more…)

St Louis Mortgage Lenders See Foreclosures Selling At 30 Percent Discounts

Friday, July 23rd, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Whopping Discounts Equaling 27 To 30 Percent For Foreclosures [News Hot Line: 314-334-0210 | Floyd Tapia]


Amazing numbers are coming from the housing industry as far as current home sales are concerned.

It seems that foreclosures accounted for (more…)