St Louis Finance And Foreclosures: Foreclosure Pipeline Shrinking

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St Louis Finance and Loan Audit News: Freddie Mac and Fannie Mae Are Saying Foreclosure Pipeline Slowing
St Louis Home Mortgage and Commercial Loans | Principal Loan Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Compliance Advocate

Freddie Mac, one of the two government-owned entities that finance about half of all U.S. mortgages, says that homes are taking as long as eight months to work their way through its foreclosure pipeline which is two months longer than was typical before this mortgage crisis began according to Liberty Lending Consultants, a St Louis mortgage company.

What is interesting is that the delay is the result of more borrowers staying in their homes for months after foreclosure proceedings have begun, requiring Freddie Mac to

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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

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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

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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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