St Louis Mortgage Home Loan: California Home Sales Down

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St Louis Mortgage and Real Estate News –

St Louis Loan Audit News: Home Sales Down 17 Percent
St Louis Mortgage Loans
and Commercial Lending | Principal Reduction

877-334-0210 or 314-334-0210 | Floyd Tapia, St Louis Refinancing Group News Team

California new and existing home sales totaled 33,176 in September, down 17.5 percent from a year ago and 3.1 percent from the previous month, according to the

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St Louis Commercial Loans: Obamacare Kills Small Businesses

Commercial Lending and Commercial Lenders 877-334-0210

St Louis Mortgage and Real Estate News –

St Louis Loan Audit News: Obamacare Kills More Businesses
St Louis Home Mortgage and Commercial Loans
| Principal Loan Reduction
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Compliance Advocate

Industry experts say more insurers will drop health care coverage or go out of business if they were forced to meet a January 1st deadline that requires them to boost the money devoted to providing care.

The Obama administration was awaiting the recommendation of the National Association of Insurance Commissioners, meeting in Orlando for how and when to implement

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St Louis Lending: Billions Lost By Fannie Mae and Freddie Mac

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St Louis Mortgage and Real Estate News –

St Louis Loan Audit News: Taxpayers Brace For Fannie Mae and Freddie Mac Losses
St Louis Home Mortgage and Commercial Loans | Principal Reduction

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

Consumers are now worried that bailing out Fannie Mae and Freddie Mac will cost them about $154 billion under the most likely scenario for home prices, the mortgage giants' regulator recently announced.

But the bill could end up much greater nearly twice the $135 billion already spent if grimmer projections prove true and the economy slides back into a double-dip

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St Louis Foreclosures: Bank Of America Resumes Foreclosures

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St Louis Mortgage and Real Estate News –

St Louis Loan Audit News: Bank of America Resumes Foreclosures In 23 States
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program

877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending

Bank of America reviewed 102,000 foreclosures in the 23 states where a court must sign off on the proceedings, and it has restarted the process on those cases, the company recently said.

The company said the first of the new affidavits had to be submitted by October 25, and that it

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St Louis Finance: More Action By The Federal Reserve

Commercial Lending and Commercial Lenders 877-334-0210

St Louis Mortgage and Real Estate News –

St Louis Mortgage and Loan Audit News: Federal Reserve Takes Action
St Louis Home Mortgage and Commercial Loans | Principal Loan Reduction

877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending

In a speech in recently given in Boston, Federal Reserve Chairman Ben Bernanke said persistently high unemployment poses too great a threat to the economy, and that the central bank needs to weigh the risk of

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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

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

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-mortga... St Louis Finance News: Economists Say Almost 20 Million Underwater Mortgages By 2012 | Residential and Commercial Lending: 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 first quarter of 2010. They went on to report that with a further 10.7 percent decline in house prices which was relative to the...

St Louis Mortgage Professionals Notice Jobless Claims Are Up

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-mortga... St Louis Finance News: National Jobless Claims Are On The Rise Residential and Commercial Lending: 314-334-0210 | Floyd Tapia | The month ending July 31st saw a huge increase in jobless claims. The Labor Department says there were 479,000 initial jobless claims filed which is up from 19,000 from a revised 460,000 from the third week of July. That weekly figure was the highest since April 10th, when the soaring number was...

St Louis Mortgage Lenders Hail Education Site Launched By Fannie Mae

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-mortga... St Louis Finance News: New Borrower Education Site Launches | Residential and Commercial Lending: 314-334-0210 | Floyd Tapia | A long awaited educational website has being launched by the home loan giant, Fannie Mae. Reports say it has been designed to educate distressed borrowers on house retention strategies and foreclosure alternatives. There will be calculators within this online education resource that will help demonstrate to homeowners...

St Louis Home Loan Community Sees Consumers Saving More But Spending Less

http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-home-l... St Louis Finance Review: The Ironic Paradox of Being Thrifty [Residential and Commercial Lending: 314-334-0210 | Floyd Tapia] In a time where most experts would agree that it is great that consumers are acting more financially responsible, it seems to be perpetuating an already growing problem known as the “paradox of thrift.” American expenditures and personal...