Posts Tagged ‘cash for keys’

St Louis Mortgage Lending and Consumer Finance: Short Sale Incentives

Wednesday, November 30th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Home Loans and In-House Financing News: Short Sale Incentives
St Louis Home Mortgage, Customer Financing and Consumer Finance | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Consumer Lending and Principal Loan Reduction


Bank of America is testing Florida’s foreclosure waters with an incentive program for defaulting homeowners to “short sell” their homes instead of enduring a foreclosure, which (more…)

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St Louis Foreclosures: Freddie Says Foreclosure Pipeline Shrinking

Sunday, January 30th, 2011


St Louis Mortgage and Real Estate News –

St Louis Finance and Loan Audit News: Freddie Mac and Fannie Mae Are Saying Foreclosure Pipeline Slowing
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Compliance Advocate


Freddie Mac, one of the two government-owned entities that finance about half of all U.S. mortgages, says that homes are taking as long as eight months to work their way through its foreclosure pipeline which is two months longer than was typical before this mortgage crisis began according to Liberty Lending Consultants, a St Louis mortgage company.

What is interesting is that the delay is the result of more borrowers staying in their homes for months after foreclosure proceedings have begun, requiring Freddie Mac to (more…)

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Posted in st louis mortgage news | 5 Comments »