Posts Tagged ‘st louis mortgage refinancing’

St Louis Mortgage and Consumer Finance: Builder Forecasts For 2012

Tuesday, December 27th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Refinancing and Financing For Customers News: Diana Olick Reports Best Builder Bets for 2012


St Louis Home Mortgage, Customer Financing and Consumer Lending | Principal Reduction Program | 314-334-0210 | St Louis Commercial Mortgage, In-House Financing and Principal Loan Reduction


Sales of newly built homes are on track to set a new record low for this year. The street was expecting a flat to slightly down reading in July, and while the number came in at -0.7 percent, that figures in a very large (more…)

St Louis Lending and Customer Financing: Delinquencies Rise Foreclosures Fall

Monday, December 26th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Loan and In-House Financing News: Delinquencies Rise, Foreclosures Fall in Latest MBA Mortgage


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


The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.44 percent of all loans outstanding as of the end of the second quarter of 2011, an increase of 12 basis points from the first quarter of 2011, and a decrease of 141 basis points from (more…)

St Louis Home Mortgage and In House Financing: Shadow Inventory Poses Threat

Sunday, December 25th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Lending and Customer Financing News: Shadow Inventory Improves But Still Threatens Housing Recovery


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


Despite all those millions of distressed properties out on sale, depressing home prices even further, there is one glimmer of hope according Standard & Poor.

According to the report the time it would take for banks to purge all of this so-called “shadow inventory” from the (more…)

St Louis Commercial Financing: Commercial Real Estate Market Falls Flat

Saturday, December 24th, 2011


St Louis Mortgage and Real Estate News -

Customer Financing and In-House Financing News: Slowdown Impacts Commercial Real Estate Markets


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


Commercial real estate vacancy rates are flat and projections for growth have been moderated because economic growth and job creation have been weaker than expected, but modest improvements are expected over the coming year, according to the (more…)

St Louis Home Loans and Customer Financing: High End Housing Hits Wall

Friday, December 23rd, 2011


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Lending and In-House Financing News: Diana Olick Reports Higher-End Housing Hits a Wall


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


Most of America won’t shed a tear for those who own higher-priced homes, especially given that the median home price in the nation has now fallen to just $174,000, but investors and homeowners alike should take note: Higher priced homes are (more…)

St Louis Finance and In House Financing: Lending Is Shrinking

Thursday, December 22nd, 2011


St Louis Mortgage and Real Estate News -

St Louis Loan and Financing For Customers News: Lending Shrinks

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


Analysts at Bank of America Merrill Lynch doubt government attempts to improve the mortgage refinancing process will (more…)

St Louis Mortgage: 600 Trillion Dollar Time Bomb That Is Set to Explode

Wednesday, December 21st, 2011


St Louis Lending and Real Estate News -

St. Louis Mortgage Refinancing and Customer Financing NewsDerivatives: The $600 Trillion Time Bomb That’s Set to Explode

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


By Keith Fitz-Gerald, Chief Investment Strategist, Money Morning

Do you want to know the real reason banks aren’t lending and the PIIGS have control of the barnyard in Europe?

It’s because risk in the $600 trillion derivatives market isn’t even out. To the contrary, it’s growing increasingly concentrated among a select few banks, especially here in the United States.

In 2009, five banks held 80 percent of derivatives (more…)

St Louis Mortgage Lending and Customer Financing: No New Bailouts

Tuesday, December 20th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Refinancing Loan and In-House Financing News: Olick Reports No New Federal Bailout

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


With home prices still falling, new mortgage delinquencies rising again, millions of mortgages already in the foreclosure pipeline, and consumer confidence in the housing market near nil, President Obama is expected to include some new housing fix (more…)

St Louis Home Loan and In House Financing: Foreclosure Timeline 599 Days

Monday, December 19th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Lending and Financing For Customers News: DSNews.com Reports Average Foreclosure Delinquency Is 599 Days

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


The average mortgage loan in foreclosure has been delinquent for 599 days, according to Lender Processing Services (LPS). That’s a record for the company’s regular monthly (more…)

St Louis Finance and Customer Financing: Banks Offered A Deal

Sunday, December 18th, 2011


St Louis Mortgage and Real Estate News -

St. Louis Mortgage Broker and In-House Financing News: Banks Offered Deal

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


Big U.S. banks in talks with state prosecutors to settle claims of improper mortgage practices have been offered a deal to limit part of their legal liability in return for a multibillion dollar payment. According to five people with direct knowledge of (more…)