Posts Tagged ‘Fannie Mae’

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St Louis Mortgage Report Predicts 20 Million Home Loans Underwater By 2012

Monday, August 23rd, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Economists Say Almost 20 Million Underwater Mortgages By 2012
News Hot Line: 314-334-0210 | Floyd Tapia


There was recent talks by the Deutsche Bank saying more than 14 million borrowers were underwater as far as home values were concerned as of the (more…)

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St Louis Mortgage Lenders Hail Education Site Launched By Fannie Mae

Friday, August 20th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: New Borrower Education Site Launches
News and Lending Hot Line: 314-334-0210 | Floyd Tapia


A long awaited educational website has being launched by the home loan giant, Fannie Mae. Reports say (more…)

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St Louis Loan Experts Say Taxpayers May Be Hit With $1 Trillion In Debt

Thursday, July 22nd, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Taxpayers Could Pay Over $1 Trillion For Fannie And Freddie Bailout [News Hot Line: 314-334-0210 | Floyd Tapia]


It is now being estimated that American consumers may be on the line for more than the original (more…)

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St Louis Finance Terms Will Get Tough For Home Buyers Who Walk Away

Sunday, July 18th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Homeowners Who Strategically Default On Their Home Mortgage Will Face Harsh Consequences [News Hot Line: 877-334-0210 | Floyd Tapia]


New legislation coming from Capitol Hill will allow Fannie Mae to take legal action against mortgage owners (more…)

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St Louis Mortgage Brokers Say These 3 Things Will Kill Your Home Loan Closing

Saturday, July 17th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Consumers Need To Know The 3 Tips That Will Mess Up Your Mortgage Closing [News Hot Line: 877-334-0210 | Floyd Tapia]


You have found the home you always wanted. You sign a contract and then proceed to secure your lending.  Everything seems to be going smoothly until you get to the (more…)

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St Louis Mortgage Loans More Than 60 Days Late

Wednesday, July 14th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: About 1.7 Million GSE Loans 60 Days Past Due [News Hot Line: 877-334-0210 | Floyd Tapia]


Fannie Mae and Freddie Mac recently said in a report to Congress that there were approximately 1.7 million loans they were holding that were 60 days or more (more…)

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St Louis Mortgages That Are In Trouble Will Not Be Paid Down

Thursday, June 3rd, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: Troubled Borrowers – Don’t Count On Freddie and Fannie Paying Down Your Mortgage

America’s two largest home loan owners have decided perhaps recklessly but irrefutably not to lower the (more…)

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St Louis Mortgage Professionals See Freddie Mac Getting $10 Billion More

Thursday, May 27th, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: The Housing Finance Giant Freddie Mac Needs $10.6 billion More

Freddie Mac, the financing behemoth, at the beginning of May requested another $10.6 billion financial handout (bailout) from the federal government.

The well-known housing finance company, which (more…)

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Posted in st louis mortgage news | 7 Comments »

St Louis Home Loan Analysts Ask Is Home Ownership For Everyone

Monday, May 10th, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: Is Owning a Home for Everyone and Do They Deserve That Right?

The question that will be raising financing eyebrows regarding what lenders will now allow in our weak economy is:  Should government backed lending be allowed to (more…)

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Posted in st louis mortgage news | 3 Comments »

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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