Posts Tagged ‘st louis real estate’
Sunday, May 23rd, 2010
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…)
Tags: foreclosure, HAMP, Home Affordable Modification Program, negative equity, rent, right to rent, st louis home loan, st louis home loans, st louis lending, st louis mortgage, st louis mortgage news, st louis real estate, st louis refinancing, strategic defaults
Posted in st louis mortgage news | 1 Comment »
Friday, May 21st, 2010
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…)
Tags: Federal Housing Administration, FHA, home loan delinquencies, mortgage insurance premium, st louis home loan, st louis home loans, st louis lending, st louis mortgage, st louis mortgage news, st louis mortgage refinancing, st louis real estate, st louis refinancing
Posted in st louis mortgage news | 1 Comment »
Thursday, May 20th, 2010
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…)
Tags: FHA, HUD, st louis home loan, st louis home loans, st louis lending, st louis mortgage, st louis mortgage brokers, st louis mortgage news, st louis real estate, st louis refinancing
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Wednesday, May 19th, 2010
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…)
Tags: fraud, liar loans, loans, mortgage fraud, mortgage fraud index, st louis home loan, st louis home loans, st louis lending, st louis mortgage, st louis mortgage news, st louis mortgage refinancing, st louis real estate, st louis refinancing
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Tuesday, May 18th, 2010
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…)
Tags: national debt, Ponzi scheme, st louis home loan experts, st louis lending, st louis mortgage, st louis mortgage broker, st louis mortgage news, st louis real estate, st louis refinancing, tax cuts, tea party, underwater
Posted in st louis mortgage news | 1 Comment »
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…)
Tags: bailout program, consumer finance, consumer lending, customer financing, foreclosure, foreclosure stop, HAFA, in house financing, loan modification, mortgage foreclosures, mortgage investors, principal loan reduction, principal reduction, servicers, short sale, st louis foreclosure, st louis home loan, st louis home loan mortgage, st louis home loans, st louis lending, st louis loan audit, st louis loan modification, st louis loan reduction, st louis loan review, st louis mortgage, st louis mortgage lending, st louis mortgage news, st louis mortgage refinancing, st louis principal reductions, st louis real estate, st louis refinancing, st louis refinancing loan, stopping foreclosure
Posted in st louis mortgage news | 382 Comments »
Friday, April 9th, 2010
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…)
Tags: budget deficit, st louis home loan experts, st louis home loans, st louis lending, st louis mortgage, st louis mortgage news, st louis mortgage refinancing, st louis real estate, st louis refinance, st louis refinancing, tax refunds
Posted in st louis mortgage news | 1 Comment »
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…)
Tags: home prices, st louis lending, st louis mortgage, st louis mortgage news, st louis mortgage refinancing, st louis real estate, st louis refinance, st louis refinancing
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Wednesday, February 17th, 2010
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…)
Tags: credit report, FHA, home buyer's tax credit, interest rates, st louis home loan, st louis lending, st louis mortgage, st louis mortgage broker, st louis mortgage news, st louis mortgage refinancing, st louis real estate, st louis refinance, st louis refinancing
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Wednesday, January 27th, 2010
Tags: Floyd Tapia, mortgage minute, st louis home loan, st louis home loans, st louis home mortgage, st louis lending, st louis mortgage, st louis mortgage news, st louis real estate, st louis refinancing
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