Posts Tagged ‘foreclosures’

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St Louis Commercial Loan: Government Involved In Foreclosure Mess

Thursday, January 13th, 2011


St Louis Mortgage and Real Estate News –

St Louis Finance News: The Government Is Getting More Involved In This Foreclosure Fiasco
Commercial Loans | Principal Reductions | Stopping Foreclosure
877-334-0210 or 314-334-0210 | Floyd Tapia


Just recently, top prosecutors in all 50 states announced a coordinated probe into improper foreclosures by the nation’s largest loan servicers, but stopped short of calling for a freeze on all foreclosures.

The group of attorneys general and bank regulators says it will work to put an immediate stop to improper mortgage foreclosure practices, and review past and present practices by loan servicers and come up with potential remedies according to St Louis commercial mortgage loan experts.

The inquiry will be led by Iowa Attorney General Tom Miller.  “This group has the backing of (more…)

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Home Sales Take Huge Plunge According To St Louis Home Mortgage Data

Friday, September 17th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Data Coming From The Housing Industry Say Existing Home Sales Plunge 27 Percent
News Press Hot Line: 314-334-0210 | Floyd Tapia


Recent reports from the National Association of Realtors (NAR) show that purchases of existing homes plunged 27.2 percent to a 3.83 million annual rate.

The pace compares with the median forecast of a 4.65 million rate, according to a Bloomberg News (more…)

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St Louis Mortgage Report Says HAMP Still Failing As Defaults Rise

Saturday, September 11th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: HAMP Is Still A Failure With Defaults On the Rise
News Press Hot Line: 314-334-0210 | Floyd Tapia


According to a federal report released In August, only 36,695 homeowners received long-term mortgage modifications in July under the Obama administration’s Home (more…)

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St Louis Finance Reports Say Foreclosures Rising In The Cities

Monday, August 16th, 2010


St Louis Mortgage and Real Estate News –

St Louis Loan Audit News: Foreclosures Climbing In The Metro Areas By 75 Percent
Principal Reductions | Home Mortgage and Commercial Loans
877-334-0210 or 314-334-0210|Floyd Tapia


It is no surprise when we hear that foreclosures are still on the rise and that more and more consumers are seeking principal reduction for stopping foreclosure or if their home is “underwater” as far as value is concerned.

But recent information tells us that foreclosure filings have climbed in 75 percent of the nation’s largest cities during the first six months of 2010 according to (more…)

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St Louis Mortgage Lenders Say HAMP Still A Failure

Thursday, August 5th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: The Failing of HAMP Is Stinging Capitol Hill [News Hot Line: 314-334-0210 | Floyd Tapia]


The biggest fear on homeowners’ minds would be home prices continuing to go down. That may become a sad reality.

With foreclosures on the rise along with (more…)

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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…)

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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 Finance Report Says Troubled Waters For Obama Mortgage Plan

Monday, July 12th, 2010


St Louis Mortgage and Real Estate News –

St Louis Mortgage News: Obama’s Mortgage Bailout Plan A Bridge Over Troubled Waters [News Hot Line: 877-334-0210 | Floyd Tapia]


The federal government recently released a report showing that more distressed homeowners have been dropped from the trial mortgage modifications so as not to (more…)

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St Louis Mortgage Experts Say Foreclosures Will Prolong Housing Industry Slump

Monday, June 28th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Economists Predict Shadow or Foreclosure Inventory Will Keep Housing Market In The Toilet [News Hot Line: 877-334-0210]


Economists, with gloomy views on the real estate market feel that continued foreclosures and an “overhang” or “shadow” in housing inventory will likely (more…)

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St Louis Mortgage Brokers Watch As Foreclosures and Repossessions Rise

Wednesday, June 2nd, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: Repossessions Rising As Foreclosures Soar

With foreclosures hitting an record highs in April 2010, delinquency data shows late mortgage payments (more…)

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