Posts Tagged ‘loans’
Sunday, April 18th, 2010
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…)
Tags: adjustable rate mortgage, ARM, borrowers, foreclosures, HAMP, loan modifications, loans, short sales, st louis home loan experts, st louis lending, st louis loans, st louis mortgage, st louis mortgage news, st louis refinancing, TARP
Posted in st louis mortgage news | 1 Comment »
Wednesday, April 14th, 2010
St Louis Mortgage Refinancing and Real Estate News –
News: Fraudulent Home Mortgage Practices Are Dropping
A report just released said one in every 200 residential loans funded last year which totaled $14 billion, involved some type of fraudulent activity, according to First American CoreLogic.
Although this may look like an an unsettling amount of shadiness lurking within the mortgage market, the (more…)
Tags: fraud, liar loans, loans, mortgage fraud, st louis foreclosures, st louis home loan, st louis home loan experts, st louis home loans, st louis lending, st louis mortgage, st louis mortgage news, st louis mortgage refinancing, st louis refinancing
Posted in st louis mortgage news | 1 Comment »
Tuesday, April 13th, 2010
News Topic: A Potential Money Mistake: Co-signing a Loan -
(more…)
Tags: co-signing, credit, Floyd Tapia, loans, mortgage minute, st louis home loan experts, st louis home loans, st louis lending, st louis loans, st louis mortgage, st louis mortgage refinancing, st louis refinance, st louis refinancing
Posted in audio mortgage minute | 1 Comment »
Saturday, April 10th, 2010
St Louis Mortgage Refinancing and Real Estate News –
News: TARP Inspector Barofsky Takes a Close Look at HAMP
Special inspector general to the Troubled Asset Relief Program (TARP), Neil Barofsky, has initiated an audit of the Home Affordable Modification Program (HAMP).
The U.S. Treasury Department allocated $75 billion from TARP to fund HAMP when the program (more…)
Tags: HAMP, loan modifications, loans, mortgage, net present value, st louis home loan experts, st louis home loans, st louis lending, st louis mortgage, st louis mortgage news, st louis mortgage refinancing, st louis refinancing, TARP
Posted in st louis mortgage news | 2 Comments »
Friday, April 2nd, 2010
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…)
Tags: Fannie Mae, Freddie Mac, loan, loans, st louis home loan experts, st louis lending, st louis mortgage, st louis mortgage news, st louis mortgage rates, st louis refinance, st louis refinancing, unemployment
Posted in st louis mortgage | 3 Comments »
Wednesday, March 31st, 2010
St Louis Mortgage Refinancing and Real Estate News –
News: Home Tax Buyer Credit May Not Be Doing Enough for Real Estate Sales
The country has been arguably experiencing the highest unemployment rate since the Great Depression of 1929.
So, with unemployment at around 10%, analysts hoped that the home buyer’s tax credit bailout plan (more…)
Tags: home buyer's tax credit, loans, st louis home loan experts, st louis lending, st louis mortgage, st louis mortgage news, st louis mortgage refinancing, st louis refinance, st louis refinancing, tax credit, unemployment
Posted in st louis mortgage | 1 Comment »
Thursday, March 25th, 2010
St Louis Mortgage Refinancing and Real Estate News –
News: There have been 22 bank failures this year and the number is rising…
The banking industry received more distressing news earlier in the month. Regulators were forced to close 2 more banks bringing the number of bank failures to 22 thus far and only 2.3 months of the year is almost over.
The banks which were shut down are (more…)
Tags: banks, delinquent loans, FDIC, Floyd Tapia, loans, recession, st louis lending, st louis mortgage, st louis mortgage news, st louis mortgage refinancing, st louis refinance, st louis refinancing
Posted in st louis mortgage news | No Comments »
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…)
Tags: delinquent mortgages, foreclosures, loans, mortgage, st louis home loans, st louis mortgage, st louis mortgage news, st louis mortgage refinancing, st louis refinance, st louis refinancing, Standard & Poor's
Posted in st louis mortgage news | No Comments »
Friday, March 12th, 2010
News Topic: FHA and Going Green -
(more…)
Tags: Fannie Mae, FHA, Floyd Tapia, home improvements, loans, mortgage minute, st louis home loans, st louis mortgage, st louis mortgage news, st louis mortgage refinancing, st louis refinance, st louis refinancing
Posted in audio mortgage minute | No Comments »
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…)
Tags: commercial real estate, financing, foreclosures, government bailouts, loans, st louis home loan, st louis mortgage, st louis mortgage news, st louis mortgage refinancing, st louis refinance, st louis refinancing
Posted in st louis mortgage news | No Comments »
