Posts Tagged ‘st louis mortgage lenders’

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 Lending and Home Loan Financing: Top Short Sale Areas

Tuesday, January 31st, 2012


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Refinancing and Customer Financing News: Top Short Sale Areas Throughout the United States


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


Based on an analysis of RealtyTrac data, including average sales price, average discount, percent of all sales and the average days to sell a short sale, Foreclosure News Report compiled the following list of the Top metropolitan statistical areas (MSAs) for buying a short sale. (more…)

St Louis Mortgage and Finance: Be Careful With Rentals

Sunday, January 29th, 2012


St Louis Mortgage and Real Estate News -

St. Louis Home Loan and Customer Financing News: Olick Reports Be Careful with Rentals


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


I thought I would share a response to yesterday’s blog post onthe Obama Administration considering selling Fannie and Freddie’s foreclosed properties in bulk to private investors.  Rick Shargaused to work, and speak, for RealtyTrac, a well-known foreclosure sale site and tracker. He recently jumped ship to join (more…)

St Louis Lending and Customer Financing: Distressed Property Sales Drop

Sunday, October 23rd, 2011


St Louis Mortgage and Real Estate News -

St Louis Mortgage Broker and Consumer Lending News: Olick Reports On the Distressed Property Sales Drop
St Louis Home Mortgage and Consumer Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage, Customer Finance and Loan Reduction


“The share of distressed sales in May, that is foreclosed properties and short sales (when the property is sold for less than the value of the loan), fell to 31 percent of all sales from 37 percent in April. Investors, who purchase a large share of these (more…)

Customer Financing: Father of Mortgage Finance Revisits Subprime

Thursday, October 20th, 2011


St Louis Mortgage and Real Estate News -

St Louis Mortgage Refinancing and Consumer Lending News: Lewis Ranieri: Father of Mortgage Finance Revisits Subprime
St Louis Home Mortgage and Consumer Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage, Customer Finance and Loan Reduction


Lewis Ranieri, once known as the father of mortgage finance, is daring to revisit the most infamous sector of the mortgage market—subprime lending. Four years ago, sky-high defaults on subprime mortgages which were used mainly by borrowers with weak credit (more…)

St Louis Real Estate Loans and Customer Financing: Build It and They Will Come

Wednesday, October 19th, 2011


St Louis Mortgage and Real Estate News -

St Louis Mortgage Broker and Consumer Lending News: Olick Says If You Build It, Will They Come?
St Louis Home Mortgage and Consumer Finance | Principal Reduction Program | 314-334-0210 | Floyd Tapia, Commercial Mortgage, Customer Financing and Loan Reduction


“Sales of newly built homes fell around 2 percent in May from the previous month, but that was a little better than expectations, given the lousy home builder sentiment number we got this month and the huge supply of competing existing and (more…)

St Louis Mortgage Refinancing and Customer Financing: Resales Down

Sunday, October 16th, 2011


St Louis Mortgage and Real Estate News -

St Louis Home Loan Mortgage and Consumer Finance News: WSJ Reports That Resales Are Down
St Louis Home Mortgage and Consumer Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage, Customer Finance and Loan Reduction


The real-estate industry’s growth and survival depend on buyers trading up to more-expensive properties. Now, faced with economic uncertainty, tighter lending and a glut of properties, homeowners are hunkering down, forgoing dreams of (more…)

St Louis Home Loans and Consumer Lending: Shadow Inventory and Their Numbers

Friday, October 14th, 2011


St Louis Mortgage and Real Estate News -

St Louis Mortgage Refinancing and Customer Financing News: Olick Reports Don’t Let the Numbers Fool You
St Louis Home Mortgage and Consumer Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage, Customer Finance and Loan Reduction


“Let me preface with an apology for the huge supply of numbers in this post, but if you can make it through them all, I think you will get the picture I’m drawing here. The so-called ‘shadow inventory’ of residential properties is falling, according to (more…)

St Louis Lending and Customer Financing: Mortgage Volume Drops

Thursday, October 13th, 2011


St Louis Mortgage and Real Estate News -

St Louis Mortgage Lending and Consumer Lending News: MBA Says First Quarter Mortgage Volume Drops
St Louis Home Mortgage and Consumer Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage, Customer Finance and Loan Reduction


Independent mortgage banks and subsidiaries made an average profit of $346 on each loan they originated in the first quarter of 2011, down from $1,082 per loan in the (more…)

St Louis Home Loans and Mortgage Lending: Home Prices Up In Some Areas

Sunday, October 9th, 2011


St Louis Mortgage and Real Estate News -

St Louis Mortgage Refinancing and Consumer Lending News: Prices Up In Some Areas
St Louis Home Mortgage and Consumer Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage, Customer Financing and Loan Reduction


Home prices in the U.S. rose 0.5 percent in the month of April, according to the FNC Residential Price Index. The index increased for the first time since the (more…)