St Louis Commercial Mortgage: Retail Sales Up

Commercial Lending and Commercial Lenders 877-334-0210

St Louis Mortgage and Real Estate News –

St Louis Commercial Financing News: Retail Sales Up For Now
St Louis Home Mortgage and Commercial Loans | Principal Loan Reduction
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending

The Commerce Department said total retail sales rose 0.6 percent from the previous month to $367.7 billion, compared with August's upwardly revised 0.7 percent jump.

Economists surveyed by Briefing.com had anticipated that September sales would

Read the rest of this post »

Principal Reduction St Louis: Foreclosures Taken Seriously

Commercial Lending and Commercial Lenders 877-334-0210

St Louis Mortgage and Real Estate News –

St Louis Loan Audit News: Bernanke Says He Is Now Taking Foreclosure Problems More Seriously
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Mortgage

I imagine that the country in general is happy to hear this especially those who are actively seeking a principal loan reduction through a FREE loan audit in order to keep their homes according to St Louis mortgage brokers.

Federal Reserve Chairman Ben Bernanke said recently that a federal agency review of foreclosure procedures at the nation's largest mortgage servicers should be

Read the rest of this post »

St Louis Mortgage: Home Loan Applications Down

St Louis Mortgage and Real Estate News –

St Louis Principal Reduction and Loan Review: Mortgage Apps Are Down
St Louis Home Mortgage and Commercial Loans | Principal Reduction
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending
 

Data from the Mortgage Banker's Association shows home mortgage applications slumped last week as interest rates on 15- and 30-year fixed-rate mortgages rose for the first time in six weeks. Seasonally adjusted index of mortgage applications, which includes both purchase and refinance loans, for the week ended October 15 decreased 10.5 percent. The four-week moving average of mortgage applications, which smooths the volatile weekly figures, was up 0.4 percent. Demand for home refinancing loans fell for the sixth time in seven weeks according to St Louis mortgage experts. The MBA's seasonally adjusted

Read the rest of this post »

St Louis Mortgage Refinancing: SEC Disclosures

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-mortga... St Louis Mortgage and Real Estate News – St Louis Loan Audit News: SEC Wants Better Disclosure | St Louis Home Mortgage and Commercial Loans | Principal Reduction | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Compliance Advocate The Securities and Exchange Commission wants issuers of asset-backed securities (ABS) to increase information to investors regarding loans and the assets that back them. If the proposed rule is adopted, the SEC would require ABS issuers to disclose the process and findings of any review performed on the assets, as well as data about how...

Home Mortgage St Louis: Home Sales Jump Up

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/home-mortgage-s... St Louis Mortgage and Real Estate News – St Louis Loan Audit News: Home Mortgage Sales Jump 10 Percent… But That Is Not Saying Much | St Louis Home Mortgage and Commercial Loans | Principal Reduction | 877-334-0210 or 314-334-0210 | Floyd Tapia Sales of previously occupied homes rose in the fourth quarter of 2010 after a dismal summer but remain well short of healthy levels according to St Louis home mortgage experts. The National Association of Realtors says home sales grew about 10 percent in September to a seasonally adjusted...

St Louis Mortgage Broker: Mortgage Rates Low But Going Up

St Louis Mortgage and Real Estate News –

St Louis Finance News: Freddie Mac Says Mortgage Rate Hits New Record Low
Home Mortgage and Commercial Loans | Principal Reduction

877-334-0210 or 314-334-0210 | Floyd Tapia


The 30-year, fixed-rate mortgage hit its lowest point in more than 50 years according to St Louis mortgage broker experts.

The Freddie Mac Primary Mortgage Market Survey reported the average rate for a 30-year, fixed-rate mortgage at 4.19 percent with an average 0.8 origination point  for the week ending October 14, down from last week’s average of 4.27 percent.

A year ago the average was

Read the rest of this post »

St Louis Home Loans: Credit Card Delinquencies Falling

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-home-l... St Louis Mortgage and Real Estate News – St Louis Loan Audit and Finance News: Credit Card Delinquencies Edging Down | St Louis Home Mortgage and Commercial Loans | Principal Reduction Program 877-334-0210 or 314-334-0210 | Floyd Tapia Credit card bank stocks slumped in the fourth quarter of 2010 with shares of Capital One Financial posting the worst decline among banks according to St Louis home loan experts. Shares of other major U.S. banks also fell amid investor fears of a growing mortgage foreclosure crisis. Credit card delinquencies, which indicate that...

St Louis Mortgage Loan: Home Loan Probe For Poor

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-mortga... St Louis Mortgage and Real Estate News – St Louis Finance News: Republicans Probe Home Loans For Poor | St Louis Home Mortgage and Commercial Loans | Principal Reduction | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Compliance Advocate Darrell Issa, who would head the lower chamber’s main investigative committee, told the Financial Times in an interview: “We should look at financial entities and either reform them or kill them.” The conservative Republican from California, who would become chairman of the powerful House...

St Louis Loan Modification: 7 Million Mortgages Past Due

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-loan-m... St Louis Mortgage and Real Estate News – St Louis Loan Audit and Loan Reduction News: 7 Million Mortgages Already Past Due | St Louis Home Mortgage and Commercial Loans | Principal Reduction Program 877-334-0210 or 314-334-0210 | Floyd Tapia There is startling news on the horizon that there are approximately 7,000,000 mortgages in the United States that are 30 or more days delinquent or in the process of foreclosure, according to new data from Lender Processing Services (LPS). The Florida-based analytics and technology firm offered the media a preview recently of its September month-end mortgage performance figures, derived from...

St Louis Commercial Loan: Government Involved In Foreclosure Mess

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-commer... St Louis Mortgage and Real Estate News – St Louis Finance News: The Government Is Getting More Involved In This Foreclosure Fiasco | St Louis Commercial Loans | Principal Reductions | Stopping Foreclosure 877-334-0210 or 314-334-0210 | Floyd Tapia Just recently, top prosecutors in all 50 states announced a coordinated probe into improper foreclosures by the nation’s largest loan servicers, but stopped short of calling for a freeze on all foreclosures. The group of attorneys general and bank regulators says it will work to put an immediate stop to improper mortgage foreclosure practices, and review past and...