Posts Tagged ‘foreclosures’

St Louis Home Loan Professionals See HAFA Encouraging Short Sales

Monday, May 24th, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: HAFA Pushing Short Sales As Solution For Foreclosures

Not a day goes by where we don’t read of new programs being instituted to help rid our economy of foreclosures and distressed properties.

Much to the chagrin of banks, short sales are getting more and more publicity and the financial blessings (more…)

St Louis Mortgage News Reports Consumers Say No More Government Intervention

Sunday, April 25th, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: The Majority of Americans Tell the Government to Stay Out

What has turned out to be a financial nightmare for the housing industry, the foreclosure epidemic that has viciously swept through this country is facing further scrutiny and growing disapproval.

In a not so surprising turn of events, the majority of taxpayers are no longer wanting the government (more…)

St Louis Mortgage News Say More Foreclosures On the Way

Monday, April 19th, 2010


Credit Improvement and Credit Repair


News: Bad News As More Foreclosures On the Way

In the last quarter of 2009, the amount of St Louis mortgages falling behind by 90 or more days increased 21.1 percent, resulting in even more foreclosures ahead, according to a study from the Office of the Comptroller of the Currency (OCC) and the Office of Thrift Supervision (OTS).

The St Louis Refinancing Group news team also reported that data handed out by the (more…)

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…)

St Louis Refinancing Mortgage Minute Edition 41

Tuesday, March 30th, 2010

Audio

News Topic Another Common Money Mistake People Make -

(more…)

St Louis Refinance Experts Not Surprised Billions Given to 5 Foreclosure States

Wednesday, March 17th, 2010

St Louis Mortgage Refinancing and Real Estate News –

News: New Bailout Program Gives Another $1.5 billion

As another chapter unfolds in the greatest mortgage blunder of the century, the Obama administration is forming the way to provide billions of dollars (more…)

St Louis Lending Community Sees Possibility of 3 More Years of Foreclosures

Monday, March 15th, 2010

St Louis Mortgage Refinancing and Real Estate News –

News: An Unprecedented 33 Months of Coming Foreclosures

An alarming report released by The Standard & Poor’s (S&P) financial company announced that the so-called hidden supply of REOs and pending foreclosures will (more…)

St Louis Home Loan Consumers Jolted at Massive Freddie Mac Losses

Wednesday, March 10th, 2010

St Louis Mortgage Refinancing and Real Estate News –

News: 4th Quarter Losses Total $6.5 Billion for Freddie Mac

While financial losses in the billions would bankrupt even the most affluent of companies, the government-owned mortgage financing firm Freddie Mac has managed to stay afloat in short due to cash infusions costing taxpayers additional billions.

The near record loss of $6.5 billion (more…)