Posts Tagged ‘st louis loan audit’

St Louis Mortgage and 90 Day In House Financing: Half of Mortgages Underwater

Tuesday, February 21st, 2012


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Refinancing and Customer Financing News: Olick Reports Half of all Mortgages are Underwater


St Louis Home Loan, Financing for Customers and Consumer Lending | Principal Reduction Program | St Louis Commercial Mortgage, Consumer Finance and Principal Loan Reduction


A new report on still-falling home prices today highlights the fact that the lower those prices go, the more American borrowers fall into an underwater position; that is, they owe more on their mortgages than their homes are worth. Most analysts will tell you (more…)

St Louis Mortgage Lending and Brokers: 9 Percent Unemployment

Monday, February 6th, 2012


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Refinancing, Home Loans and Customer Financing News: 9% Unemployment Still Hitting Economy Hard


St Louis Home Loan, Financing for Customers and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Consumer Finance and Principal Loan Reduction


The government reported 80,000 total jobs were added in October. There were 104,000 private sector positions added in professional and business services, leisure and hospitality, health care and mining, and 24,000 government jobs were lost. The unemployment (more…)

St Louis Mortgage Refinancing and Lending: HAMP Modifications Go Through the Roof

Sunday, February 5th, 2012


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Lending and Customer Financing News: HAMP Loan Modifications Spike


St Louis Home Loan, Financing for Customers and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Consumer Finance and Principal Loan Reduction


Mortgage servicers started 40,151 permanent modifications through the government’s program in September, the highest monthly amount since May 2010. The Home Affordable Modification (more…)

St Louis Home Loan Mortgage and Customer Financing: Housing Key To Recovery

Friday, February 3rd, 2012


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Broker and In-House Financing News: Federal Reserve Says Housing Is Key To Recovery


St Louis Home Loan, Financing for Customers and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Consumer Finance and Principal Loan Reduction


A fresh emphasis on healing the housing sector by officials at the Federal Reserve, in the Obama administration and in state capitals reflects the view that a healthier real estate market would go a long way in strengthening the economy. Fed Chairman Ben Bernanke said that the U.S. central bank was considering (more…)

St Louis Business and In House Financing: 4 Years To Sell 20000 Foreclosures

Sunday, November 20th, 2011


St Louis Mortgage and Real Estate News -

St Louis Home Loan Mortgage and Customer Financing News: 20,000 Foreclosures Took 4 Years To Sell
St Louis Home Mortgage and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Consumer Finance and Principal Loan Reduction


More than 23,200 foreclosures in 2006 sat unsold until the second quarter of 2010 which was more than four years later, according to a study from the data analytics firm CoreLogic. Analysts studied the destinations of more 355,000 properties that (more…)

St Louis Business and Customer Financing: Refinancing May Not Be Worth It

Friday, November 18th, 2011


St Louis Mortgage and Real Estate News -

St Louis Mortgage Broker and In-House Financing News: Olick Reports Refis Not Worth It
St Louis Home Mortgage and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, Consumer Finance and Principal Loan Reduction


It is now almost exactly a year since news headlines screamed of a scandal at the big banks involving faulty foreclosure paperwork and fraud. Stories of one lowly bank clerk sitting in a room signing hundreds of foreclosure documents added a (more…)

St Louis Lending and In House Financing Is Housing Behind the Gloom and Doom

Monday, November 14th, 2011


St Louis Mortgage and Real Estate News -

St Louis Home Loan and Customer Financing News: Is Housing Behind the Gloom?
St Louis Home Mortgage and Consumer Lending | Principal Reduction Program | 314-334-0210 | Floyd Tapia, Commercial Mortgage, Consumer Finance and Principal Loan Reduction


The United States has a confidence problem that being a nation long defined by irrational exuberance has turned gloomy about the future. Consumers are holding back, businesses are (more…)

Homes For Sale Saint Louis and Customer Financing: Rentals Surge

Sunday, November 13th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Financing, Loans and Consumer Lending News: Rentals Starting To Surge
St Louis Home Loan and Consumer Finance | Principal Reduction Program | 314-334-0210 | Floyd Tapia, Commercial Mortgage, In-House Financing and Principal Loan Reduction


Despite the most affordable buying market in decades, households across the country are slowly choosing rentals versus homeownership, signaling a positive economic trajectory for the multifamily sector, according to (more…)

St Louis Business and In House Financing: Short Sales Now Popular

Saturday, November 12th, 2011


St Louis Mortgage and Real Estate News -

St Louis Mortgage Refinancing and Consumer Lending News: Short Sales Gaining Popularity
St Louis Home Loan and Consumer Finance | Principal Reduction Program | 314-334-0210 | Floyd Tapia, Commercial Mortgage, Customer Financing and Principal Loan Reduction


St. Louis Refinancing Group news team reports that U.S. home prices may get a boost from an unlikely source: a pickup in sales of properties in default before they reach the stage where they are repossessed by the bank and sold. There has been a “dramatic shift” in banks’ willingness to (more…)

Customer Financing and Mortgage Lending: Double Dip Or Not

Friday, November 11th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Home Loans and In-House Financing News: Double Dip or Not – That Is The Question
St Louis Home Loan and Consumer Finance | Principal Reduction Program | 314-334-0210 | Floyd Tapia, Commercial Mortgage, Consumer Lending and Principal Loan Reduction


Home prices are at near their post-bust lows. January saw a double-digit dip in the number of new homes sold. Then Robert Shiller, Yale economist and co-founder of the S&P/Case-Shiller home price indexes, dropped this (more…)