St Louis Mortgage and Real Estate News -
St Louis Mortgage Broker and Customer Financing: Banks Holding Properties Are Hurting Sales
St Louis Home Mortgage, In-House Financing and Commercial Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending, Consumer Finance and Loan Reduction
All told, the nation’s biggest banks own more than 872,000 homes as a result of the groundswell in foreclosures, almost twice as many as when the financial crisis began in 2007, according to RealtyTrac, a real estate data provider.
In addition, they are in the process of foreclosing on an additional one million homes and are poised to take (more…)
