Posts Tagged ‘Ginnie Mae’

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…)

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in st louis mortgage news | No Comments »

St Louis Home Loans: Growing Risk At Ginnie Mae

Tuesday, February 15th, 2011


St Louis Mortgage and Real Estate News –

St Louis Finance and Loan Modification News: Ginnie Mae Pools Raising Investor Concerns
St Louis Home Mortgage and Commercial Financing | FREE Loan Audit | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage


Barclays Capital notes that the amount of previously delinquent and now-cured mortgages in Ginnie Mae pools are raising investor concerns.

According to St Louis home loans experts, this move is largely due to the fact that there is a higher probability of redefaults and spotty performances from individual servicers.

Ginnie Mae does not buy or sell loans or (more…)

Tags: , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in st louis mortgage news | No Comments »

St Louis Home Mortgage: Give FHA More Authority

Thursday, November 18th, 2010


St Louis Mortgage and Real Estate News –


St Louis Finance News: MBA Says Give FHA More Resources and Authority
Home Mortgage and Commercial Loans | Principal Reductions
877-334-0210 or 314-334-0210 | Floyd Tapia


Just recently, a paper by the MBA entitled, “The Future of the Federal Housing Administration (FHA) and the Government National Mortgage Association (Ginnie Mae),” wants (more…)

Tags: , , , , , , , , , , , , ,
Posted in st louis mortgage news | No Comments »

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…)

Tags: , , , , , , , , , , , ,
Posted in st louis mortgage news | No Comments »