Posts Tagged ‘underwater’

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St Louis Home Loan Professionals Say Short Refinance Efforts Another Wasted Mortgage Program

Saturday, August 28th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: The Short Refinance Program From the FHA Is Not Very Effective

News Press Hot Line: 314-334-0210 | Floyd Tapia


In a surprise announcement, the United States Department of Housing and Urban Development (HUD) reported that the Federal Housing Administration (FHA) Short (more…)

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Posted in st louis mortgage news | 6 Comments »

St Louis Mortgage Report Predicts 20 Million Home Loans Underwater By 2012

Monday, August 23rd, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Economists Say Almost 20 Million Underwater Mortgages By 2012
News Hot Line: 314-334-0210 | Floyd Tapia


There was recent talks by the Deutsche Bank saying more than 14 million borrowers were underwater as far as home values were concerned as of the (more…)

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Posted in st louis mortgage news | 1 Comment »

St Louis Finance Report Says Troubled Waters For Obama Mortgage Plan

Monday, July 12th, 2010


St Louis Mortgage and Real Estate News –

St Louis Mortgage News: Obama’s Mortgage Bailout Plan A Bridge Over Troubled Waters [News Hot Line: 877-334-0210 | Floyd Tapia]


The federal government recently released a report showing that more distressed homeowners have been dropped from the trial mortgage modifications so as not to (more…)

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St Louis Home Mortgage Industry Sees Stiff Penalties For Strategic Defaulters

Thursday, July 8th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: House Republicans Demand Strong Penalties For Strategic Defaulters [News Hot Line: 877-334-0210 | Floyd Tapia]


Recent reports show that approximately 25 percent of homeowners are now underwater on their current mortgage.

With property values plummeting throughout the nation, these unfortunate consumers owe more on (more…)

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St Louis Mortgage Experts Say Foreclosures Will Prolong Housing Industry Slump

Monday, June 28th, 2010


St Louis Mortgage and Real Estate News –

St Louis Finance News: Economists Predict Shadow or Foreclosure Inventory Will Keep Housing Market In The Toilet [News Hot Line: 877-334-0210]


Economists, with gloomy views on the real estate market feel that continued foreclosures and an “overhang” or “shadow” in housing inventory will likely (more…)

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Posted in st louis mortgage news | 6 Comments »

St Louis Finance and Commercial Lenders Say Defaults Hit New Record Highs

Sunday, June 27th, 2010


St Louis Mortgage and Real Estate News –

News: Commercial Loans Hitting Record High Default Status for Both Investors and Banks [News Hot Line: 877-334-0210]


This downward economic spiral seems to be driving commercial mortgage defaults up and away.

This enduring mortgage fiasco is now (more…)

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Posted in st louis mortgage news | 1 Comment »

St Louis Mortgage Industry Takes Hard Look At Real Estate Numbers

Monday, June 21st, 2010


St Louis Mortgage and Real Estate News –

News: The Shocking Numbers Reveal The Hard Truth About The Residential Real Estate Industry [News Hot Line: 877-334-0210]


The federal government has been trying to convince the average consumer that the housing industry is (more…)

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Posted in st louis mortgage news | 2 Comments »

St Louis Refinance Experts Report More Underwater Homeowners Would Not Walk Away

Wednesday, June 9th, 2010


St Louis Mortgage and Real Estate News –

News: Nearly 59 Percent of Homeowners Given the Choice Will Not Walk Away If Mortgage Value Goes Underwater - (News Hot Line: 877-334-0210)


New information announced by RealtyTrac and Trulia.com shows that only 1 percent of homeowners with a St Louis home loan that was underwater would actually (more…)

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St Louis Mortgage Brokers Watch As Foreclosures and Repossessions Rise

Wednesday, June 2nd, 2010


Credit Improvement and Credit Repair


St Louis Mortgage Refinancing and Real Estate News –

News: Repossessions Rising As Foreclosures Soar

With foreclosures hitting an record highs in April 2010, delinquency data shows late mortgage payments (more…)

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Posted in st louis mortgage news | 3 Comments »

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…)

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Posted in st louis mortgage news | 1 Comment »

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