Posts Tagged ‘borrowers’

Data Shows St Louis Finance Recipients Exit Failing Mortgage Programs Fast

Wednesday, July 21st, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance: Consumers Exit Troubled St Louis Mortgage Programs [News Hot Line: 877-334-0210 | Floyd Tapia]


There seems to be peril at hand for the Obama administration’s flagship loan modification program as it sinks deeper and deeper into oblivion.

Approximately 1.24 million borrowers who have enrolled in the $75
billion mortgage modification program have (more…)

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St Louis Home Loans In Default Leads To Creative Door Knocking

Friday, May 7th, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: Loan Modification Takes a Twist With Creative Door Knocking

There are more and more companies going door-to-door to directly do business with consumers at their homes.

Although there are well-known religious groups and old-time sales companies that have been doing this (more…)

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Posted in st louis mortgage news | 1 Comment »

St Louis Mortgage Industry May Be Lending to More Irresponsibly Minded Borrowers

Thursday, April 29th, 2010


St Louis Mortgage Refinancing and Real Estate News –

St Louis Finance News: An Immoral Changing Mindset About Strategic Default?
News Hotline:  877-334-0210 | Floyd Tapia

Perhaps an amazing change of attitude may be permeating the housing industry but whether agreeably immoral or not, mortgage owners that owe more than their homes are worth or underwater are showing a greater tendency (more…)

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St Louis Mortgage Experts Say Homeowners Underwater Till 2014 Or Later

Thursday, April 22nd, 2010


St Louis Mortgage Refinancing and Real Estate News –

St Louis Finance News: Negative Equity to Positive Equity May Be Long Way Off…
News Hotline:  877-334-0210 | Floyd Tapia

A long awaited announcement came estimating that the average homeowner who currently has negative equity will probably not experience any positive equity until 2015 to early 2016 according to First American CoreLogic.

However, in those areas of the United States that was hit hard by this mortgage fiasco and are still in a (more…)

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St Louis Mortgage Analysts No Longer Optimistic at HAMP Stopping Foreclosures

Sunday, April 18th, 2010


Credit Improvement and Credit Repair

News: Even the Treasury With Mixed Comments Knows  HAMP Not Working

With the numerous reported failures of the federal program known as HAMP, inside senior officials seem to be jumping on the band wagon sharing their new found pessimistic viewpoints on where this program may be headed.

With letters being traded between Neil Barofsky, special inspector general for the Troubled Assets Relief Program (TARP),  and one key senator, he has recently said (more…)

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Posted in st louis mortgage news | 1 Comment »

St Louis Mortgage Lenders See Consumers Spending Mortgage Payments Elsewhere

Wednesday, March 3rd, 2010

St Louis Mortgage Refinancing and Real Estate News –

News: What Would You Think of Living Rent Free for Up to 3 Years

There is quite an extraordinary turn of events in the real estate industry.  This new trend involves borrowers who are delinquent on their mortgages but instead (more…)

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