Posts Tagged ‘Freddie Mac’

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 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 Lending Experts Fear Jumbo Loan Delinquencies On the Rise

Monday, April 5th, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: Jumbo Loans May Be the Next Ordeal Negatively Affecting Our Economy

Jumbo mortgages are home loans with an initial principal amount of over $417,000 in most areas of the U.S.  Other areas may be as high as $729,750.  In either case, it (more…)

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Posted in st louis mortgage | 1 Comment »

St Louis Mortgage Report Finds Borrowers Unable to Refinance

Friday, April 2nd, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: Large Number of Borrowers Unable to Refinance at Lower Interest Rates

The numbers involving homeowners not being able to refinance their mortgage are higher than most analysts expected.

Approximately 37 percent or better than 1 out of 3 borrowers with 30-year fixed rate mortgages pay (more…)

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Posted in st louis mortgage | 4 Comments »

St Louis Mortgage Analysts Say Short Sales Will Boom

Monday, March 8th, 2010

St Louis Mortgage Refinancing and Real Estate News –

News: New Report by Moody’s Say Short Sales Will Rise

Since the economy is not thriving nor does it look to be anytime soon, the government is now considering and will be implementing new programs as alternatives to the foreclosure process.

One plan has Federal and St. Louis mortgage industry officials hoping to lure distressed homeowners (more…)

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St Louis Refinancing Group Reports Troubles Surmounting for Fannie Mae and Freddie Mac

Friday, March 5th, 2010

St Louis Mortgage Refinancing and Real Estate News –

News: Fannie Mae and Freddie Mac Failing Fast

As the financial upheaval began to rear its ugly face in mid-2008, Freddie Mac and Fannie Mae were among the original financial powerhouses that received massive government bailouts alongside the failing banks and insurance companies.

Although politicians have been (more…)

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St Louis Mortgage News Reports Fannie and Freddie Adding to Higher Deficit

Monday, February 15th, 2010

St Louis Mortgage Refinancing and Real Estate News –

News: Fannie Mae and Freddie Mac Add Billions to Growing Deficit

Many are calling this the new era of exorbitant federal spending and wasted taxpayer bailouts.  Not withstanding the endless accusations of fiduciary wrongdoing that fuels this expanding financial crisis.  Exaggerated opinions?  Not exactly.

There are reports being issued from the Congressional Budget Office (CBO) saying government sponsored enterprises (more…)

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St Louis Lending Community Concerned at Future of the Mortgage Purchase Program

Saturday, February 6th, 2010

St Louis Mortgage Refinancing and Real Estate News –

News: What About the Future of the Mortgage Purchase Program?

Corporate minutes released in early January of the Federal Reserve Board’s closed-door meeting in December announced policymakers have already begun debating (more…)

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