Posts Tagged ‘st louis real estate’

St Louis Mortgage Owners Facing Foreclosure Can Now Rent Although Some Just Walk Away

Sunday, May 23rd, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: If You Cannot Pay Your Home Mortgage, Why Not Rent… But Don’t Walk Away

There may be a light at the middle of the tunnel of this foreclosure epidemic. Homeowners who are currently facing foreclosure could now get the support through a (more…)

St Louis Home Loan Analysts Say Delinquent Loan Rates Drop For FHA

Friday, May 21st, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: Some Good News As The FHA’s Delinquency Rate Falls Below 9 Percent

Some good news comes from the Federal Housing Administration (FHA) as they announced (more…)

St Louis Mortgage Brokers See HUD On The Hot Seat

Thursday, May 20th, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: HUD On the Hot Seat Thanks To New Regulations

The U.S. Department of Housing and Urban Development (HUD) finalized new regulations earlier in April that increase the net worth requirements of FHA-approved lenders (more…)

Mortgage Fraud Rising According to St Louis Lending Experts

Wednesday, May 19th, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: Mortgage Fraud On the Rise Due to Liar Loans

When we speak of “liar loans,” this can be as a result of mortgage fraud done by either the loan officer by falsifying documents or the consumer when they lie to the (more…)

St Louis Mortgage Industry Sees Washington Drowning In Rising Debt

Tuesday, May 18th, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: Can America Be Pulled From It’s Underwater Financial Grave?

There are those in this country who are extremely tired of the old rhetoric and have now justifiably consumed themselves with the proverbial bottom-line.

Truth-be-told, more and more people no longer (more…)

St Louis Home Loan Report Says Foreclosures More Profitable Than Loan Modifications

Sunday, May 16th, 2010


St Louis Mortgage and Real Estate News –

St Louis Loan Reduction and In-House Financing News: Higher Profits From Mortgage Foreclosures Threaten The Use Of HAFA Loan Modification Programs
Customer Financing | St Louis Home Mortgage and Commercial Loans | 314-334-0210 | Floyd Tapia, St Louis Commercial Mortgage and Consumer Finance

The latest news regarding the national bailout effort is that as of April 2010, the U.S. Treasury Department is paying companies that collect mortgage payments and examine pleas for assistance a $1,500 stipend for approving the sale of homes for amounts less than the loan balance.  This is known as a short sale.

These same servicers would also get $1,000 for each loan modification completion under the government’s modification program and additional stipends over a period of three years if borrowers stay current on their new mortgage payments.

The problem that most St Louis mortgage experts are concerned with is there’s not enough incentives or time to save the majority of the 4.6 million U.S. homes that have loan payments more than 90 days overdue. This is why more homeowners are turning to St. Louis loan modifications and various other means to raise their credit scores such as customer financing and in-house financing by St. Louis businesses.

The payouts provided by the Obama administration’s bailout programs don’t come close to what (more…)

St Louis Refinancing News Team Says State Tax Refunds May Be Late

Friday, April 9th, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: State Tax Refunds May Be Later Than You Anticipated

According to a recent report from the Center on Budget and Policy Priorities, the recession has “caused the steepest decline in state tax receipts on record and states will continue to struggle to find the revenue needed to support critical public services for a number of years.”

Thus, for those that are awaiting their tax refund, many are wondering how do states plan (more…)

St Louis Lending Experts See Home Prices Slowly On the Rebound

Saturday, February 20th, 2010

St Louis Mortgage Refinancing and Real Estate News –

News: Home Prices Appear to Be Slowly On the Rebound

According to a Standard & Poor’s (S&P) and Case-Shiller home price index annual report, on a national level, housing prices dropped 32% from the peak in the 2nd quarter of 2006 to to its lowest point in 1st quarter of 2009 and then rebounded 6.3% by the end of 2009.

Chief economist David Wyss of (more…)

St Louis Refinancing News – Do Not Underestimate These 5 Savvy Home Buying Tips

Wednesday, February 17th, 2010
by Floyd J. Tapia

Although the St. Louis mortgage and real estate market has drastically changed over the last 18 months, there are ways that consumers can avoid or at least minimize the home buying stress factor.

The following five simple yet ingenious tactics will help in making your St. Louis home loan (more…)

St Louis Mortgage and Lending Articles by Mortgage Minute News Host Floyd Tapia

Wednesday, January 27th, 2010

St Louis Mortgage and Lending Articles

All Articles Written by Floyd  J. Tapia

I Mktg Cafe – Floyd Tapia www.LibertyLendingConsultants.com


Active Authors – Floyd Tapia www.LibertyLendingConsultants.com
(more…)