St Louis Commercial Financing: Multi-Family Properties Stabilizing

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-commer... St Louis Mortgage and Real Estate News – St Louis Finance News: MBA Says Commercial Multi-family Properties Stabilizing | Commercial and Home Mortgage Loans and Refinancing | 314-334-0210 The Mortgage Bankers Association’s (MBA) Commercial Real Estate and Multifamily Finance Quarterly DataBook for the second quarter of 2010 shows that commercial lending and real estate fundamentals are showing signs of a...

St Louis Loans: Auto Sales Slightly Up

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-loans-... St Louis Mortgage and Real Estate News – St Louis Finance News: Auto Sales Up… Sort Of | Loan Reduction and Commercial Loans | 314-334-0210 Auto sales slipped 4 percent from August, but gained 29 percent compared to one year ago. That jump is no surprise says St Louis loan experts. Last September was a terrible month when both dealer inventories and customer demand were...

St Louis Mortgage Refinancing: Home Sales Up

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-mortga... St Louis Mortgage and Real Estate News – St Louis Finance News: Pending Home Sales Up? | Home Mortgage and Commercial Loans | 314-334-0210 The National Association of Realtors’ index of pending home sales of previously occupied homes is expected to show an increase to 81.4, according to the average forecast of economists surveyed by Thomson Reuters. That would be up 2.5 percent from a reading of 79.4 in July according to St Louis mortgage refinancing experts. The report was released showing...

St Louis Home Mortgage: Bank of America Joins Foreclosure Freeze

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-home-m... St Louis Mortgage and Real Estate News – St Louis Finance News: Bank of America Halts Foreclosures | Principal Reduction Program and Commercial Loans | 314-334-0210 | Floyd Tapia Bank of America (BoA) is no longer standing in the wings as regards the foreclosure crisis so says St Louis Home Mortgage experts. They have joined the banking crowd by freezing home foreclosures in 23 states as it investigates whether...

St Louis Commercial Loans: New Regulations Killing Businesses

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-commer... St Louis Mortgage and Real Estate News – St Louis Commercial Loan News: Federal Regulations Kill Small Business | Commercial Lending and Financing | 877-334-0210 or 314-334-0210 It appears that most experts including Frank Holmes, CEO of U.S. Global Investors are saying that new Federal regulations are choking America’s small businesses. “There are so many unknowns, that’s what’s shown up in the marketplace, this unknown cost...

St Louis Lending: Stimulus Gone Jobs Gone

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-lendin... St Louis Mortgage and Real Estate News – St Louis Finance News: The Stimulus Is Gone and So Go the Jobs | Home Mortgage and Commercial Loans | 314-334-0210 Tens of thousands of low-income workers lost their jobs as a stimulus-subsidized employment program came to an end. About a quarter of a million people in 37 states were placed in short-term jobs thanks to a $5 billion boost to the Temporary Assistance for...

St Louis Finance: GDP Is Up

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-financ... St Louis Mortgage and Real Estate News – St Louis Finance News: Gross Domestic Product Seems To Be Heading North | Loan Reduction and Commercial Loans | 314-334-0210 The Commerce Department reported that the nation’s gross domestic product, the broadest measure of economic activity, was upwardly revised to an annual growth rate of 1.7 percent in the three months ending in June 2010. Economists surveyed by Briefing.com had forecast the number to stay unchanged during the latest revision. While a slight uptick came as...

St Louis Home Loans: Jobless Claims Lower

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-home-l... St Louis Mortgage and Real Estate News – St Louis Finance News: Jobless Claims Slightly Lower | FREE Loan Audit and Commercial Loans | 314-334-0210 There were 453,000 initial jobless claims filed in the week ending September 18th, down 16,000 from an upwardly revised 469,000 the previous week, according to the Labor Department’s weekly report. Economists surveyed by Briefing.com were expecting 457,000 new claims. The 4-week moving average of initial claims which is...

St Louis Mortgage Broker: Discounts For Foreclosures And Short Sales

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-mortga... St Louis Mortgage and Real Estate News – St Louis Finance News: Foreclosures and Short Sales At a 26 Percent Discount | Home Mortgage and Commercial Loans | 314-334-0210 According to RealtyTrac, nearly 250,000 residential properties in some stage of foreclosure changed hands during the second quarter. They sold for about 26 percent less than non-foreclosed homes, compared to 35 percent less in the first quarter. A little more than half of these...

St Louis Mortgage Lenders: The Huge Foreclosure Mess

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-mortga... St Louis Loan Audit News: The Massive Foreclosure Debacle | Home Mortgage and Commercial Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia “It’s a real mess,” said Justice Arthur Schack, a jurist on foreclosure issues who sits on the New York State Supreme Court in Brooklyn. GMAC Mortgage announced recently that it had suspended evictions and...