stlouismortgage's posterous http://stlouismortgage.posterous.com Most recent posts at stlouismortgage's posterous posterous.com Sat, 13 Aug 2011 21:53:35 -0700 St Louis Home Mortgage Lending and Refinancing Loans: Delinquencies Drop http://stlouismortgage.posterous.com/65502002 http://stlouismortgage.posterous.com/65502002

St Louis Coupons, Mobile Marketing and Mobile APP For Local Shopping - The Customer Advantage

St Louis Mortgage and Real Estate News –

St Louis Home Loan and Mortgage Refinancing News: National Delinquency Rate Drops
 St Louis Home Mortgage and Commercial Loans | Principal Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Reduction

The national delinquency rate continued to fall down to 7.9 percent in March 2011, according to the "First Look" report from Lender Processing Services.

This financial report provides

month-end mortgage performance statistics from LPS' loan-level database of nearly 40 million mortgages.

The Jacksonville, Florida based firm will release more detailed reporting in its upcoming "Mortgage Monitor" report.

The mortgage delinquency rate has consistently decreased throughout all of 2011.

March's figure is down 11.6 percent compared to February and down 19.4 percent compared to March 2010.

This still accounts for an estimated 4.1 million homes that are 30-plus days delinquent, LPS reported.

Approximately 2 million of those are seriously delinquent which means 90-plus days delinquent but not yet in foreclosure.

There are also an estimated 2.2 million homes that make up the foreclosure pre-sale inventory, LPS said.

Florida posted the highest percentage of delinquent mortgages statewide in January 2011, followed by Nevada, Mississippi, New Jersey and Georgia.

The states with the least percentage were, in descending order, Montana, Wyoming, Alaska, South Dakota and North Dakota.

=============================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage or refinancing, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt.

Business Owners: Call us at (314) 334-0210 and retain us for one of the best commercial loan modification and principal loan reduction programs available. A principal reduction or loan modification can help if you are underwater with negative equity. As commercial lending and loan modification program consultants, Floyd Tapia and his lending and legal team can focus on bringing you innovative private lending solutions to meet all types of financing needs. We have access to the largest portfolio of private lending institutions and investor backed funding sources available.Let us turn your challenges into closings (or from being underwater equity wise) and help you get a St Louis commercial lending, mortgage or financing loan.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau

Check back daily for more financial news.

We Are Now On Google Maps! St Louis Mortgage: Scan the below code with your smartphone for more details on the best home mortgage, commercial lending and financing and the best principal reduction program available.

 

=============================================

ARE YOU UPSIDE DOWN ON YOUR HOME?
ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity.

Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today! Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family. ============================================

St Louis Beauty Supply and Avon - Kristin Tapia

QR Code for stlouisbeauty at Kimtag

St Louis Mortgage and Loans - Liberty Lending Consultants

 QR Code for stlouismortgage at Kimtag

St Louis Mobile Coupons

 QR Code for stlmobilecoupons at Kimtag

St Louis Magic and Birthday Parties - Josh Routh

 QR Code for stlouismagic at Kimtag

To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here for your smartphone.

=======================================

Mobile Phone Users Click Here For Your Safe and FREE STLTEXT Shopping App  

 

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Wed, 10 Aug 2011 07:25:37 -0700 St Louis Commercial Mortgage and Mortgage Lending: Home Prices Fall http://stlouismortgage.posterous.com/st-louis-commercial-mortgage-and-mortgage-len http://stlouismortgage.posterous.com/st-louis-commercial-mortgage-and-mortgage-len

STLTEXT, St Louis Mobile Coupons, Cell Phone Advertising and iPhone APP For Local Shopping

St Louis Mortgage and Real Estate News –

St Louis Commercial Financing and Home Loan News: Home Prices Fall To 2009 Levels
St Louis Home Mortgage and Commercial Loans | Principal Loan Reduction
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Reduction

The S&P/Case-Shiller home price index covering 20 major markets fell 3.1 percent year-over-year, and was down 1 percent compared with December 2010.

After rebounding nearly 7 percent off their post-bubble lows, prices have fallen more than 5 percent since July and are only 1.1 percent higher than the bottom set in April, 2009.

'January 2011 brought us weakening home prices with no real hope in sight for the near future,' says David M. Blitzer, a spokesman for S&P.

The dismal report followed other negative housing market indicators recently.

Sales of existing homes were off nearly 10 percent in February of 2011 and new homes sales were at a record low with consumers wanting to save money by purchasing foreclosures and short sales.

Blitzer went on to say that "the housing market recession is not yet over and none of the statistics are indicating any form of sustained recovery. At most, we have seen all statistics bounce along their troughs; at worst, the feared double-dip recession may be materializing."

=============================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage or refinancing, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt.

Business Owners: Call us at (314) 334-0210 and retain us for one of the best commercial loan modification and principal loan reduction programs available. A principal reduction or loan modification can help if you are underwater with negative equity. As commercial lending and loan modification program consultants, Floyd Tapia and his lending and legal team can focus on bringing you innovative private lending solutions to meet all types of financing needs. We have access to the largest portfolio of private lending institutions and investor backed funding sources available.Let us turn your challenges into closings (or from being underwater equity wise) and help you get a St Louis commercial lending, mortgage or financing loan. 

 Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau Check back daily for more financial news.

We Are Now On Google Maps!

St Louis Mortgage: Scan the below code with your smartphone for more details on the best home mortgage, commercial lending and financing and the best principal reduction program available.

 

=============================================

ARE YOU UPSIDE DOWN ON YOUR HOME?
ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity.

 Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today!

Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family.  

============================================

St Louis Beauty Supply and Avon - Kristin Tapia

 QR Code for stlouisbeauty at Kimtag

St Louis Mortgage and Loans - Liberty Lending Consultants

QR Code for stlouismortgage at Kimtag

St Louis Mobile Coupons

 QR Code for stlmobilecoupons at Kimtag

St Louis Magic and Birthday Parties - Josh Routh

 QR Code for stlouismagic at Kimtag

To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here for your smartphone.

=======================================

Mobile Phone Users Click Here For Your Safe and FREE STLTEXT Shopping App  

 

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Sun, 05 Jun 2011 07:59:00 -0700 St Louis Mortgage Lending and Mortgage Refinancing: Economy Is Hurting By Tighter Credit Requirements http://stlouismortgage.posterous.com/st-louis-mortgage-lending-and-mortgage-refina http://stlouismortgage.posterous.com/st-louis-mortgage-lending-and-mortgage-refina

STLTEXT, St Louis Mobile Coupons, Cell Phone Advertising and iPhone APP For Local Shopping

St Louis Mortgage and Real Estate News –

St Louis Refinance and Loan Reduction News: Tightening Credit May Stall Housing In 2011
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Loan Modification
 

Both mortgage professionals and leading economists are worried that the housing sector may be heading into another downdraft as mortgage lenders continue to tighten already restrictive lending standards.

Such a scenario seemed less likely earlier in 2010, when home-buyer tax credits helped

fuel a surge in sales.

But when that program ended, sales plunged in the second half of 2010.

New and existing home sales were down by more than 25 percent in October 2009.

The U.S. has normally relied on an expanding housing market to help lift the economy as it exits a recession by fueling manufacturing, consumer spending and job growth.

In the first year of all postwar recoveries, residential investment has accounted for nearly one percentage point of gross-domestic-product growth, says Doug Duncan, chief economist at Fannie Mae.

But today, it has accounted for around 0.1 percentage point of GDP growth.

Given the huge amounts of foreclosures that will continue to hit the market for at least a couple of more years, "at a time when you need more borrowers, you actually have less," says Laurie Goodman, senior managing director at Amherst Securities Group LP.

Lenders clamped down on the lax standards that fueled the housing bubble three years ago by requiring larger down payments, higher credit scores and greater documentation of borrowers' incomes and assets.

Economists say lending standards typically ease at this point in the business cycle as banks look for new business.

But sad to say that isn't happening at this point and time because private lenders have ceded the market to government entities Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA).

Those agencies, saddled with enormous losses, are under heavy political pressure to avoid taking any new risks.

"The general feeling is, 'Let them be as tough as they want,' " says Guy Cecala, publisher of Inside Mortgage Finance.

During the third quarter of 2010, 13 percent of bank loan officers surveyed by the Federal Reserve reported that standards had grown tighter, while fewer than 4 percent said standards had loosened.

Banks have become more restrictive in part because Fannie and Freddie are stepping up demands for banks to buy back defaulted loans when they can prove that the mortgage didn't meet underwriting guidelines which is an expensive proposition for banks.

"Originators are scared to death. We are being intensely cautious because we understand that the franchise could be on the line," says Mr. Walters.

He says tightening could continue "for at least a year, maybe longer."

Loan officers say one of the biggest problems right now is a requirement that borrowers prove their incomes by relying on at least two years of tax returns.

That often trips up self-employed workers and small-business owners who take deductions that shrink their taxable income.

It could also sink borrowers who were unemployed for a short time or had a recent salary reduction.

The consequence is that lending is bifurcating into two worlds.

Salaried workers who can easily document their earnings are able to qualify for mortgages with down payments as low as 3.5 percent through the FHA programs.

Self-employed borrowers are having a harder time even if they have assets stashed away.

Ivy Zelman, chief executive of housing research firm Zelman & Associates, says there are reasonable concerns that the government has provided "too much liquidity" in some markets through the FHA.

But she says it's also the case that originators aren't always taking a careful look at an individual's ability to repay a loan, "and that could be preventing some truly good borrowers from getting loans."

Another worry is that the industry has also come to rely too heavily on credit-score cutoffs, something loan officers say can inhibit common sense underwriting.

While the FHA has a minimum credit score for low-down-payment loans of 580, many banks won't sponsor loans with credit scores below 640 which clearly does not help increase housing sales.

Average credit scores for borrowers with FHA-backed loans surpassed 700 in October 2010 for the first time on record.

No one wants a rerun of the past five years, when carelessness in underwriting fueled a painful explosion in mortgage liquidity.

But the inverse carries its own dangers today: By imposing rigid standards that shut out qualified borrowers, banks and the government risk making it harder for the housing market to dig out of its deep hole.

=============================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage or refinancing, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt.

Business Owners: Call us at (314) 334-0210 and retain us for one of the best commercial loan modification and principal loan reduction programs available. A principal reduction or loan modification can help if you are underwater with negative equity. As commercial lending and loan modification program consultants, Floyd Tapia and his lending and legal team can focus on bringing you innovative private lending solutions to meet all types of financing needs. We have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let us turn your challenges into closings (or from being underwater equity wise) and help you get a St Louis commercial lending, mortgage or financing loan.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau Check back daily for more financial news.

We Are Now On Google Maps!

St Louis Mortgage: Scan the below code with your smartphone for more details on the best home mortgage, commercial lending and financing and the best principal reduction program available.

 
To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here.

=============================================

ARE YOU UPSIDE DOWN ON YOUR HOME?
ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity.

Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today!

Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family.

This book will help you immensely in clarifying what to do and when to do it so that you are successful in this endeavor. Only then can you make the best decision. Click on the book. Read this book.

 60 Minute Loan Modification Programs
This "do-it-yourself" 60 Minute Loan Modification Program has literally saved the homes of thousands of consumers. This is what all homeowners need to help them smoothly proceed through this legal and complicated process.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Sun, 29 May 2011 13:18:00 -0700 St Louis Commercial Financing: Commercial Delinquencies Mixed http://stlouismortgage.posterous.com/st-louis-commercial-financing-commercial-deli http://stlouismortgage.posterous.com/st-louis-commercial-financing-commercial-deli

STLTEXT, St Louis Mobile Coupons, Cell Phone Advertising and iPhone APP For Local Shopping

St Louis Mortgage and Real Estate News –

St. Louis Commercial Mortgage and Loan Reduction News: MBA Reports Commercial and Multifamily Delinquencies Mixed
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Loan Modification
 

Delinquency rates for different commercial/multifamily mortgage investor groups were mixed in the third quarter, according to the Mortgage Bankers Association's (MBA) Commercial/Multifamily Delinquency Report.

The commercial delinquency rate for loans held in CMBS is the highest since the series began in 1997.

Delinquency rates for other groups

remain below levels seen in the early 1990's, some by large margins.

Between the second quarter and third quarter of 2010, the 90+ day delinquency rate on loans held by FDIC-insured banks and thrifts increased 0.15 percentage points to 4.41 percent.

The 30+ day delinquency rate on loans held in commercial mortgage-backed securities (CMBS) rose 0.36 percentage points to 8.58 percent.

The 60+ day delinquency rate on loans held in life company portfolios decreased 0.07 percentage points to 0.22 percent.

The 60+ day delinquency rate on multifamily loans held or insured by Fannie Mae decreased 0.15 percentage points to 0.65 percent.

The 60+ day delinquency rate on multifamily loans held or insured by Freddie Mac increased 0.07 percentage points to 0.35 percent.

The third quarter 2010 delinquency rate for commercial and multifamily mortgages held by banks and thrifts was 2.17 percentage points lower than the series high (of 6.58 percent reached in the second quarter of 1991).

The rate for loans held in CMBS was a record high for the series.

Delinquency rates for commercial and multifamily mortgages held in life insurance company portfolios was 7.15 percentage points lower than the series high (of 7.37 percent reached during the third quarter of 1993); the rate for multifamily loans held by Fannie Mae rate was 2.97 percentage points below the series high of 3.62 percent (reached during the fourth quarter of 1991); and the rate for multifamily loans held by Freddie Mac was 6.46 percentage points lower than the series high (of 6.81 percent reached in 1992). Based on the unpaid principal balance of loans (UPB), delinquency rates for each group at the end of the third quarter were as follows:

- Banks and thrifts: 4.41 percent (90 or more days delinquent or in non-accrual).
- CMBS: 8.58 percent (30+ days delinquent or in REO);
- Life company portfolios: 0.22 percent (60+days delinquent);
- Fannie Mae: 0.65 percent (60 or more days delinquent);
- Freddie Mac: 0.35 percent (60 or more days delinquent).

=============================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage or refinancing, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt.

Business Owners: Call us at (314) 334-0210 and retain us for one of the best commercial loan modification and principal loan reduction programs available. A principal reduction or loan modification can help if you are underwater with negative equity. As commercial lending and loan modification program consultants, Floyd Tapia and his lending and legal team can focus on bringing you innovative private lending solutions to meet all types of financing needs. We have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let us turn your challenges into closings (or from being underwater equity wise) and help you get a St Louis commercial lending, mortgage or financing loan.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau Check back daily for more financial news.

We Are Now On Google Maps!

St Louis Mortgage: Scan the below code with your smartphone for more details on the best home mortgage, commercial lending and financing and the best principal reduction program available.

 
To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here.

=============================================

ARE YOU UPSIDE DOWN ON YOUR HOME?
ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity. Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today!

Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family. This book will help you immensely in clarifying what to do and when to do it so that you are successful in this endeavor. Only then can you make the best decision. Click on the book. Read this book.

 60 Minute Loan Modification Programs
This "do-it-yourself" 60 Minute Loan Modification Program has literally saved the homes of thousands of consumers. This is what all homeowners need to help them smoothly proceed through this legal and complicated process.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Sat, 21 May 2011 19:58:00 -0700 Loan Reduction and St Louis Lending: Class Action Lawsuits Facing Banks http://stlouismortgage.posterous.com/loan-reduction-and-st-louis-lending-class-act http://stlouismortgage.posterous.com/loan-reduction-and-st-louis-lending-class-act

Commercial Lending and Commercial Lenders 877-334-0210

St Louis Mortgage and Real Estate News –

sSt Louis Finance and Commercial Loan Modification News: Class Action Lawsuits Hitting Banks Hard
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage

Foreclosure-fraud class action lawsuits piling up against major banks across the United States is threatening a besieged industry with billions more in potential losses.

The class actions, which could be expanded nationally, seek damages for homeowners whose

properties were illegally foreclosed upon by banks using fraudulent documents.

Suits have been filed in Maryland, New Jersey and Massachusetts that target Bank of America Corp., Wells Fargo & Co., HSBC PLC and JPMorgan Chase & Co.

In Florida and Maine, Ally Financial, formerly known as GMAC Mortgage, is also being targeted.

Perhaps an even bigger threat are the lawsuits that contend the banks' foreclosure machinery amounted to a racketeering enterprise.

One such case, an Indiana lawsuit against Bank of America, was filed under civil Racketeering Influenced and Corrupt Organizations or RICO laws, which allow damages to be tripled.

The race is on for the banks to keep the scandal from metastasizing. Crisis management specialists are working around the clock to help banking executives stem the financial and public relations disaster.

Shares of Bank of America, the biggest U.S. lender, are already down 21 percent for the year, making it the biggest laggard in the 30 stocks that make up the Dow Jones industrial average.

Even if a settlement materializes with the state attorneys general, it won't necessarily stop all the class actions, although it could slow their momentum and limit their scale.

A settlement would also help assuage public distrust and outrage that is fueling a consumer backlash against banks.

The probe by the state prosecutors amounts to far more than an effort to root out the "robo-signers," whose back-office antics of signing thousands of foreclosure affidavits a day helped trigger the scandal.

Lawmakers are also pressuring the banks to re-engineer their entire mortgage and foreclosure process to rid it of what they say is systemic dysfunction.

For now, much of the talk in the banks' negotiations with the state prosecutors involves a possible compensation fund, modeled on the one created for victims of the BP oil spill, for people who went through foreclosure proceedings based on faulty documents.

Details are still hazy, but a consensus seems to be building that some kind of financial remedy is needed.

=============================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage or refinancing, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt. Business Owners: Call us and retain us for one of the best commercial loan modification and principal loan reduction programs available. A principal reduction or loan modification can help if you are underwater with negative equity. As commercial lending and loan modification program consultants, Floyd Tapia and his lending and legal team can focus on bringing you innovative private lending solutions to meet all types of financing needs. We have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let us turn your challenges into closings (or from being underwater equity wise) and help you get a St Louis commercial lending, mortgage or financing loan.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau Check back daily for more financial news.

We Are Now On Google Maps!

St Louis Mortgage: Scan the below code with your smartphone for more details on the best home mortgage, commercial lending and financing and the best principal reduction program available.

 
To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here.

=============================================

ARE YOU UPSIDE DOWN ON YOUR HOME?
ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today!

Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage. Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family. This book will help you immensely in clarifying what to do and when to do it so that you are successful in this endeavor. Only then can you make the best decision. Click on the book. Read this book. 60 Minute Loan Modification Programs
This "do-it-yourself" 60 Minute Loan Modification Program has literally saved the homes of thousands of consumers. This is what all homeowners need to help them smoothly proceed through this legal and complicated process.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Fri, 20 May 2011 08:32:00 -0700 St Louis Loan and Refinancing: Home Improvement Returns Low http://stlouismortgage.posterous.com/st-louis-loan-and-refinancing-home-improvemen http://stlouismortgage.posterous.com/st-louis-loan-and-refinancing-home-improvemen

STLTEXT, St Louis Mobile Coupons, Cell Phone Advertising and iPhone APP For Local Shopping

St Louis Mortgage and Real Estate News –

St Louis Finance and Mortgage Broker News: Home Improvements and Remodeling No Longer Pays
St Louis Home Mortgage and Commercial Loans | Principal Loan Reduction
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage
 

 According to Remodeling magazine's 2010 Remodeling Cost versus Value survey, done in partnership with the National Association of Realtors (NAR), renovations returned a lower percentage of its costs in added home value this year than it did in 2009.

In general, anyone planning home improvements will pay a lot more for the job than they will get

back in return when they sell.

The cost vs. value equation has been getting less attractive for years, but 2010 has seen a particular decline in the percentage of home improvement costs recouped.

Only 60 percent of remodeling costs in 2010 would be recouped by homeowners, the report said.

Exterior improvements mostly performed better than interior ones, owing to the necessity of maintaining a home's "curb appeal."

On the average remodeling job, homeowners recouped 16 percent less value than they had in 2009, the steepest slide the survey has recorded in its nine-year history.

This happened despite the fact that construction costs declined for the first time since 2004.

Adding a new mid-range bath, for example, returned nearly 100 percent of its approximately $15,000 cost back in 2003.

Today, the same job costs more than $40,000 and only returns about half its cost.

The lowest return of any job was for a mid-range home office renovation, which cost an average of $28,888 and added $13,235, just 45.8 percent.

Low cost exterior improvements do well. An exterior steel door replacement return 102 percent of its $1,218 cost and new garage doors recoup 84 percent of theirs.

Two jobs tied for the best return on any mid-range remodeling investment costing more than $10,000.

Adding a wood deck or doing a minor kitchen remodeling, which involves replacing cabinet doors and counters, buying new appliances, sinks and faucets and repainting walls and trim both recouped 72.8 percent of their costs.

=============================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage or refinancing, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt.

Business Owners: Call us and retain us for one of the best commercial loan modification and principal loan reduction programs available. A principal reduction or loan modification can help if you are underwater with negative equity. As commercial lending and loan modification program consultants, Floyd Tapia and his lending and legal team can focus on bringing you innovative private lending solutions to meet all types of financing needs. We have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let us turn your challenges into closings (or from being underwater equity wise) and help you get a St Louis commercial lending, mortgage or financing loan.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau Check back daily for more financial news.

 

We Are Now On Google Maps!

St Louis Mortgage: Scan the below code with your smartphone for more details on the best home mortgage, commercial lending and financing and the best principal reduction program available.

 
To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here.

=============================================

ARE YOU UPSIDE DOWN ON YOUR HOME?
ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today!

Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage. Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family. This book will help you immensely in clarifying what to do and when to do it so that you are successful in this endeavor. Only then can you make the best decision. Click on the book. Read this book. 60 Minute Loan Modification Programs
This "do-it-yourself" 60 Minute Loan Modification Program has literally saved the homes of thousands of consumers. This is what all homeowners need to help them smoothly proceed through this legal and complicated process.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Fri, 20 May 2011 07:34:00 -0700 St Louis Mortgage and Commercial Loan Modification: Lawsuits Increase http://stlouismortgage.posterous.com/st-louis-mortgage-and-commercial-loan-modific http://stlouismortgage.posterous.com/st-louis-mortgage-and-commercial-loan-modific

STLTEXT, St Louis Mobile Coupons, Cell Phone Advertising and iPhone APP For Local Shopping

St Louis Mortgage and Real Estate News –

St Louis Finance and Loan Audit News: Lawsuits Against Banks Increasing At Alarming Rates
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage

 At the close of the year, December 2010 brought no good news to some of the largest banks nationwide.

JPMorgan Chase, PNC Financial, and Ally Financial disclosed suits in a growing number of banks under investigation by state and federal officials for sloppy or even fraudulent foreclosure paperwork not to mention mortgage origination snafus.

All mentioned banks face lawsuits

from both borrowers and investors in mortgage-backed securities.

JPMorgan faces two possible class action lawsuits related to stopping foreclosures, the second largest U.S. bank said in a regulatory filing.

The suits allege "common law fraud and misrepresentation, as well as violations of state consumer fraud statutes," JPMorgan said in the Securities and Exchange Commission filing, without disclosing who filed them.

Ally Financial said it has been sued by hedge fund Cambridge Place Investment Management, which has ramped up a legal scrap with Wall Street to recoup money lost on subprime mortgages.

PNC Financial has been sued by the Federal Home Loan Bank of Chicago, alleging misrepresentations and omissions in connection with the sale of mortgage-backed securities.

Goldman Sachs is reviewing the practices of its Litton Loan Servicing unit and has temporarily suspended evictions and foreclosures in several states.

Furthermore,Bank of America, JPMorgan, and Ally's GMAC Mortgage followed suit by voluntarily imposing brief moratoriums on foreclosures to review their practices but have begun to resume evictions of delinquent borrowers.

United States attorneys general for all 50 states are jointly investigating whether banks failed to review documents properly or submitted false information to evict delinquent borrowers.

=============================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage or refinancing, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt.

Business Owners: Call us and retain us for one of the best commercial loan modification and principal loan reduction programs available. A principal reduction or loan modification can help if you are underwater with negative equity. As commercial lending and loan modification program consultants, Floyd Tapia and his lending and legal team can focus on bringing you innovative private lending solutions to meet all types of financing needs. We have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let us turn your challenges into closings (or from being underwater equity wise) and help you get a St Louis commercial lending, mortgage or financing loan.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau Check back daily for more financial news.

 

We Are Now On Google Maps!

St Louis Mortgage: Scan the below code with your smartphone for more details on the best home mortgage, commercial lending and financing and the best principal reduction program available.

 

To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here.

=============================================

ARE YOU UPSIDE DOWN ON YOUR HOME?
ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today!

Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage. Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family. This book will help you immensely in clarifying what to do and when to do it so that you are successful in this endeavor. Only then can you make the best decision. Click on the book. Read this book. 60 Minute Loan Modification Programs
This "do-it-yourself" 60 Minute Loan Modification Program has literally saved the homes of thousands of consumers. This is what all homeowners need to help them smoothly proceed through this legal and complicated process.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Wed, 18 May 2011 17:11:00 -0700 Principal Reduction Program: Home Prices Dropping Again http://stlouismortgage.posterous.com/principal-reduction-program-home-prices-dropp http://stlouismortgage.posterous.com/principal-reduction-program-home-prices-dropp

Commercial Lending and Commercial Lenders 877-334-0210

St Louis Mortgage and Real Estate News –

St Louis Finance and Loan Modification News: Will Home Prices Drop Another 8 Percent?
St Louis Home Mortgage and Commercial Loans | Commercial Mortgage Loan
877-334-0210 or 314-334-0210 | Floyd Tapia, St Louis Loan
 

 In a shocking prediction, Fiserv, a market analytics company, has scaled back its home price projections considerably.

In February, it forecast national price gains of about 4 percent through the end of 2011 according to principal reduction program specialists.

The company's latest prediction is for

a 7.2 percent drop in prices between June 30, 2010 and June 30, 2011.

In fact, after five months of gains, prices in the 20 largest metro areas fell 0.2 percent in August, according to the latest S&P/Case-Shiller report.

The good news is, "There'll be no vicious, self-reinforcing spiral down," according to Mark Zandi, chief economist with Moody's Analytics. But, he added, "more home price declines are coming."

He's forecasting another 8 percent drop in home prices through the third quarter of 2011, which will put the total peak-to-trough decline at 34 percent. Even after that, in 2012, he sees very little price growth.

Home prices continue to fall because sales aren't taking off. Without buyers, the market can't bottom out.

New home sales continue to languish around historic lows, barely exceeding an annual rate of 306,000.

Existing home sales did rise to a 4.54 million annualized rate in September, up 10 percent compared with a month earlier, but are still well below the boom years.

Of course, nobody is buying homes when they can't find jobs.

And still more people can't hang on to their homes because they're out of work.

Nearly a million homes are expected to be repossessed this year, and analysts seem to be competing to issue the most dire forecast for future foreclosure numbers.

- Morgan Stanley reported that about 3.1 million borrowers are seriously delinquent with many expected to lose their homes.

- Zandi said more than 4 million are in trouble with half of those expected to go to foreclosure.

- And Laurie Goodman, of Amherst Securities, estimates the number of homes in danger of foreclosure at a whopping 11 million or more.

- Real estate analyst Kyle Lundstedt of LPS Applied Analytics said serious delinquencies will continue to spike and will not return even to the current rates which are already at peak levels until late 2012 or early 2013.

=============================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage or refinancing, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt.

Business Owners: Call us and retain us for one of the best commercial loan modification and principal loan reduction programs available. A principal reduction or loan modification can help if you are underwater with negative equity. As commercial lending and loan modification program consultants, Floyd Tapia and his lending and legal team can focus on bringing you innovative private lending solutions to meet all types of financing needs. We have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let us turn your challenges into closings (or from being underwater equity wise) and help you get a St Louis commercial lending, mortgage or financing loan.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau Check back daily for more financial news.

 

We Are Now On Google Maps!

 St Louis Mortgage: Scan the below code with your smartphone for more details on the best home mortgage, commercial lending and financing and the best principal reduction program available.

 
To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here.

=============================================

ARE YOU UPSIDE DOWN ON YOUR HOME?
ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today!

Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage. Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family. This book will help you immensely in clarifying what to do and when to do it so that you are successful in this endeavor. Only then can you make the best decision. Click on the book. Read this book. 60 Minute Loan Modification Programs
This "do-it-yourself" 60 Minute Loan Modification Program has literally saved the homes of thousands of consumers. This is what all homeowners need to help them smoothly proceed through this legal and complicated process.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Tue, 17 May 2011 18:50:00 -0700 St Louis Commercial Financing Loan: Small Business Borrowing Up http://stlouismortgage.posterous.com/st-louis-commercial-financing-loan-small-busi http://stlouismortgage.posterous.com/st-louis-commercial-financing-loan-small-busi

STLTEXT, St Louis Mobile Coupons, Cell Phone Advertising and iPhone APP For Local Shopping

St Louis Mortgage and Real Estate News –

St Louis Commercial Lending and Debt Settlements News: Small Business Borrowing Up Which May Help Economy
St Louis Home Mortgage and Commercial Loans | Principal Loan Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage and Refinancing
 

 According to the Thomson Reuters/PayNet Small Business Lending Index, which measures the overall volume of financing to U.S. small businesses, commercial lending rose 16 percent in September from a year earlier, PayNet said.

The index rose 15 percent in August, and

is now at the highest level in almost two years.

A surge in borrowing by small businesses can be a harbinger for the broader economy, because small firms account for as much as 80 percent of new U.S. hiring.

Small businesses typically use the loans PayNet tracks to buy new equipment, and eventually they will need to hire people to operate it, said William Phelan, PayNet's president and founder.

"This doesn't point to anything but a robust recovery," Phelan said in an interview.

He continues: "These small businesses are people who see the demand in the economy every day, and they are alert to react very quickly to that demand."

Federal Treasury policymakers hold their regular meeting Tuesday and Wednesday and are widely expected to announce a program in which the U.S. central bank will buy Treasuries in a bid to push borrowing costs lower and rekindle a recovery.

Nearly one in ten of the U.S. working population is out of a job, and core inflation is running near 1 percent, an uncomfortably low level for most Fed policymakers, who typically see 2 percent as a healthy rate of inflation.

=============================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage or refinancing, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt.

Business Owners: Call us and retain us for one of the best commercial loan modification and principal loan reduction programs available. A principal reduction or loan modification can help if you are underwater with negative equity. As commercial lending and loan modification program consultants, Floyd Tapia and his lending and legal team can focus on bringing you innovative private lending solutions to meet all types of financing needs. We have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let us turn your challenges into closings (or from being underwater equity wise) and help you get a St Louis commercial lending, mortgage or financing loan.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau Check back daily for more financial news.

 

We Are Now On Google Maps!

St Louis Mortgage: Scan the below code with your smartphone for more details on the best home mortgage, commercial lending and financing and the best principal reduction program available.

 

To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here.

=============================================

ARE YOU UPSIDE DOWN ON YOUR HOME?
ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today!

Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage. Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family. This book will help you immensely in clarifying what to do and when to do it so that you are successful in this endeavor. Only then can you make the best decision. Click on the book. Read this book. 60 Minute Loan Modification Programs
This "do-it-yourself" 60 Minute Loan Modification Program has literally saved the homes of thousands of consumers. This is what all homeowners need to help them smoothly proceed through this legal and complicated process.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Mon, 16 May 2011 20:19:00 -0700 St Louis Commercial Loan Modification: Loan Modifications Caused Foreclosures http://stlouismortgage.posterous.com/st-louis-commercial-loan-modification-loan-mo http://stlouismortgage.posterous.com/st-louis-commercial-loan-modification-loan-mo

Commercial Lending and Commercial Lenders 877-334-0210

St Louis Mortgage and Real Estate News –

St Louis Loan Reduction and Finance News: Loan Mods Led To Foreclosure Mess Say Mounting Lawsuits
St Louis Home Mortgage and Commercial Financing | St Louis Loan Modification
(877) 334-0210 or (314) 334-0210 | Floyd Tapia, Commercial Mortgage

 Recently, Federal Treasury statistics showed that only about one-third of the nearly 1.4 million homeowners accepted into the government's payment or reduction program over the past year have had their loan modification or loan reductions made permanent.

Several federal lawsuits filed in Boston accuse major lenders of breach of contract under the

government's Home Affordable Modification Program (HAMP), in which banks agreed to participate as part of the bank bailout.

The lawsuits say the banks agreed under HAMP to grant permanent mortgage modifications to borrowers who make all payments during the initial trial modification periods.

Attorney Shennan Alexandra Kavanagh said several of the plaintiffs lost their homes after their payments reverted to their original sums that they were unable to pay.

She said she believes tens of thousands of borrowers in Massachusetts alone could be covered by the suits if they get class-action status.

One of the lawsuits, against Bank of America Corp., was consolidated earlier this month with similar complaints in five other states, Kavanagh said.

Bank of America spokeswoman Shirley Norton said in an e-mail that the lender will continue aggressively defending itself against the cases.

Joseph R. Mason, a professor at Louisiana State University's business school who has written widely on the subprime lending debacle, said he suspects the loan modification disputes are a legacy of the federal government's rush to stem the flow of foreclosures before it had adequate plans in place.

"These policymakers said, just go out and do this and don't let us worry about the details," he said.

Mason goes on to say that "these details are now what are coming to the fore in these loan modification cases."

=============================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage or refinancing, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt.

Business Owners: Call us and retain us for one of the best commercial loan modification and principal loan reduction programs available. A principal reduction or loan modification can help if you are underwater with negative equity. As commercial lending and loan modification program consultants, Floyd Tapia and his lending and legal team can focus on bringing you innovative private lending solutions to meet all types of financing needs. We have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let us turn your challenges into closings (or from being underwater equity wise) and help you get a St Louis commercial lending, mortgage or financing loan.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau Check back daily for more financial news.

 

We Are Now On Google Maps!

St Louis Mortgage: Scan the below code with your smartphone for more details on the best home mortgage, commercial lending and financing and the best principal reduction program available.

 

To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here.

=============================================

ARE YOU UPSIDE DOWN ON YOUR HOME?
ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today!

Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage. Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family. This book will help you immensely in clarifying what to do and when to do it so that you are successful in this endeavor. Only then can you make the best decision. Click on the book. Read this book. 60 Minute Loan Modification Programs
This "do-it-yourself" 60 Minute Loan Modification Program has literally saved the homes of thousands of consumers. This is what all homeowners need to help them smoothly proceed through this legal and complicated process.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Sun, 15 May 2011 11:14:00 -0700 St Louis Home Loans: Growing Risk At Ginnie Mae http://stlouismortgage.posterous.com/st-louis-home-loans-growing-risk-at-ginnie-ma http://stlouismortgage.posterous.com/st-louis-home-loans-growing-risk-at-ginnie-ma

STLTEXT, St Louis Mobile Coupons, Cell Phone Advertising and iPhone APP For Local Shopping

St Louis Mortgage and Real Estate News –

St Louis Finance and Loan Modification News: Ginnie Mae Pools Raising Investor Concerns
St Louis Home Mortgage and Commercial Financing | St Louis Refinancing Loan
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Loan Modification

Barclays Capital notes that the amount of previously delinquent and now-cured mortgages in Ginnie Mae pools are raising investor concerns.

According to St Louis home loans experts, this move is largely due to the fact that there is a higher probability of redefaults and spotty performances from individual servicers.

Ginnie Mae does not buy or sell loans or

issue mortgage-backed securities.

It guarantees investors a timely payment of principal and interest on MBS backed by Federal Housing Administration and VA loans.

The BarCap analysts estimate that as much as 12 percent to 13 percent of new production Ginnie pools are backed by reperforming loans which means servicers worked with the borrower to turn the mortgage from delinquent to current either through a modification or some other form of loss mitigation.

Analysts added that 45 percent of these reperforming loans will redefault over the next two years, which would boost prepayments.

Who services those loans often determines the delinquency rates and is a clear sign of risk, according to Deutsche Bank analysts.

According to a recent report on Ginnie delinquencies, mortgages serviced by Countrywide who was since bought by Bank of America holds a 1.94 percent 90-day delinquency rate in the Ginnie Mae I program of pools.

That’s 63 basis points higher than for all other pools in the program.

Countrywide holds a 3.2 percent 60-day delinquency rate, nearly double the rest of the program.

"Countrywide serviced pools continued to exhibit high delinquency rates despite the heavy buyout activity at the end of last year," writes Steven Abrahams, the head of securitization analysis for Deutsche Bank.

Ginnie put in new policies and holds servicers to strict delinquency limits to mitigate the risk in its pools.

It recently increased the base net worth requirement for participants in its single-family mortgage loan program.

The minimum net worth will move from a $1 million base net worth requirement to $2.5 million in 2011.

The number of loans in 60-plus day delinquency or foreclosure must be less than 7.5 percent of the total number of loans from the issuer.

The rate limit on 90-plus day delinquent loans is 5 percent.

With Countrywide less than two percentage points from the 60-day delinquency limit, Deutsche Bank analysts is now urging investors to pay attention to who is servicing those loans.

=============================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage or refinancing, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt.

Business Owners: Call us and retain us for one of the best commercial loan modification and principal loan reduction programs available. A principal reduction or loan modification can help if you are underwater with negative equity. As commercial lending and loan modification program consultants, Floyd Tapia and his lending and legal team can focus on bringing you innovative private lending solutions to meet all types of financing needs. We have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let us turn your challenges into closings (or from being underwater equity wise) and help you get a St Louis commercial lending, mortgage or financing loan.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau Check back daily for more financial news.

We Are Now On Google Maps!

St Louis Mortgage: Scan the below code with your smartphone for more details on the best home mortgage, commercial lending and financing and the best principal reduction program available.

To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here.

=============================================

ARE YOU UPSIDE DOWN ON YOUR HOME?
ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today!

Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage. Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family. This book will help you immensely in clarifying what to do and when to do it so that you are successful in this endeavor. Only then can you make the best decision. Click on the book. Read this book. 60 Minute Loan Modification Programs
This "do-it-yourself" 60 Minute Loan Modification Program has literally saved the homes of thousands of consumers. This is what all homeowners need to help them smoothly proceed through this legal and complicated process.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Fri, 13 May 2011 14:08:00 -0700 St Louis Commercial Loans: Commercial Mortgage Loans Up http://stlouismortgage.posterous.com/st-louis-commercial-loans-commercial-mortgage http://stlouismortgage.posterous.com/st-louis-commercial-loans-commercial-mortgage

STLTEXT, St Louis Mobile Coupons, Cell Phone Advertising and iPhone APP For Local Shopping

St Louis Mortgage and Real Estate News –

St Louis Commercial Lending and St Louis Refinancing News: MBA Says Commercial Mortgage Originations Up In 3rd Quarter
St Louis Home Mortgage and Commercial Financing | FREE Loan Audit 
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Loans
 

According to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, third quarter 2010 commercial and multifamily mortgage loan originations were 32 percent higher than during the same period last year and 15 percent higher than during the second quarter.

Origination volumes for life companies and Fannie Mae and Freddie Mac were relatively strong during the third quarter.

However, originations for CMBS remained

very low in absolute terms but picked up considerably on a percentage basis; and commercial mortgage borrowing at commercial banks fell on both a quarter-over-quarter and year-over-year basis.

The 32 percent overall increase in commercial/multifamily lending activity during the third quarter was driven by increases in originations for multifamily and industrial properties.

When compared to the third quarter of 2009, the increase included a 129 percent increase in loans for industrial properties, a 37 percent increase in loans for multifamily properties, a 36 percent increase in loans for office properties, a 19 percent increase in loans for retail properties, a 20 percent decrease in hotel property loans, and a 46 percent decrease in health care property loans.

Among investor types, loans for conduits for CMBS saw an increase of 940 percent compared to last year’s third quarter.

There was also a 154 percent increase in loans for life insurance companies, a 16 percent decrease for Government Sponsored Enterprises (or GSEs which includes Fannie Mae and Freddie Mac), and loans for commercial bank portfolios saw a decrease of 49 percent.

Third quarter 2010 mortgage originations were 15 percent higher than originations in the second quarter of 2010.

Among investor types, loans for conduits for CMBS saw an increase in loan volume of 43 percent compared to the second quarter, originations for the GSEs increased 42 percent from the second quarter to the third quarter of 2010, loans for life insurance companies saw an increase in loan volume of 20 percent, and loans for commercial bank portfolios decreased by 27 percent during the same time span.

Compared to the second quarter, third quarter originations for health care properties saw an 84 percent increase.

There was a 50 percent increase for multifamily properties, an 18 percent increase for industrial properties, a 12 percent increase for retail properties, an 18 percent decrease for office properties, and a 54 percent decrease for hotel properties.

==================================================

ARE YOU UPSIDE DOWN ON YOUR HOME?
ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today!

Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage. Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family. This book will help you immensely in clarifying what to do and when to do it so that you are successful in this endeavor. Only then can you make the best decision. Click on the book. Read this book.60 Minute Loan Modification Programs
This "do-it-yourself" 60 Minute Loan Modification Program has literally saved the homes of thousands of consumers. This is what all homeowners need to help them smoothly proceed through this legal and complicated process.

==================================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt.

For a loan modification, visit one of the best Loan Reduction or Principal Loan Reduction Programs. A principal reduction or loan modification can help if you are underwater with negative equity. Don't wait any longer. You are not alone. The above best seller book entitled "60 Minute Loan Modification Workbook" will help you do this yourself or at least educate you on whether you should hire an attorney or not.

Business Owners: As a commercial lending and principal reduction program consultant, Floyd Tapia and his team can focus on bringing you innovative private lending solutions to meet all types of financing needs. We have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let us turn your challenges into closings and help you get a St Louis commercial lending or financing loan.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau Check back daily for more financial news.


We Are Now On Google Maps!

St Louis Mortgage: Scan Code With Your Smartphone For More Details On Home Mortgage, Commercial Lending and Financing and the Best Principal Reduction Program Available.

 
To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Thu, 12 May 2011 07:09:00 -0700 Foreclosure Stop St Louis: Title Insurers Forego Guarantees http://stlouismortgage.posterous.com/foreclosure-stop-st-louis-title-insurers-fore http://stlouismortgage.posterous.com/foreclosure-stop-st-louis-title-insurers-fore

STLTEXT, St Louis Mobile Coupons, Cell Phone Advertising and iPhone APP For Local Shopping

St Louis Mortgage and Real Estate News –

St Louis Loan Audit and Foreclosure Stop News: Title Insurers Fore-go Guarantees On Paperwork Accuracy
St Louis Home Mortgage and Commercial Loans | Principal Loan Reduction Program 
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Financing
 

Title insurers are voicing their confidence in mortgage servicers’ ability to correct foreclosure paperwork problems.

They’ve decided not to require banks to consent to agreements vouching for the validity of foreclosure

documentation, after talks between the two industry groups reportedly fell through this week surrounding large-scale indemnity arrangements to cover insurers in the event of title claims.

Last week, Fidelity National Financial said it would begin requiring lenders to provide the company with an indemnity agreement that guarantees the accuracy of their foreclosure documentation before insuring the title of a repossessed home.

But the company has rescinded this requirement because of what it called servicers’ “heightened review” of foreclosure processing and legal procedures.

Dennis Gilmore, CEO of First American Financial had told the Wall Street Journal that his company had come to the conclusion that requiring banks to indemnify the title insurer from possible documentation errors was unnecessary “given the actions taken by lenders to remediate deficiencies and to improve their processes going forward.”

Stewart Title Guaranty said in a statement to its investors Thursday that it “stands ready to issue title insurance to purchasers of foreclosed properties from institutional lenders representing that they have followed all applicable legal processes.”

==================================================

ARE YOU UPSIDE DOWN ON YOUR HOME?
ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today!

Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage. Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family. This book will help you immensely in clarifying what to do and when to do it so that you are successful in this endeavor. Only then can you make the best decision. Click on the book. Read this book.60 Minute Loan Modification Programs
This "do-it-yourself" 60 Minute Loan Modification Program has literally saved the homes of thousands of consumers. This is what all homeowners need to help them smoothly proceed through this legal and complicated process.

==================================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt.

For a loan modification, visit one of the best Loan Reduction or Principal Loan Reduction Programs. A principal reduction or loan modification can help if you are underwater with negative equity. Don't wait any longer. You are not alone. The above best seller book entitled "60 Minute Loan Modification Workbook" will help you do this yourself or at least educate you on whether you should hire an attorney or not.

Business Owners: As a commercial lending and principal reduction program consultant, Floyd Tapia and his team can focus on bringing you innovative private lending solutions to meet all types of financing needs. We have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let us turn your challenges into closings and help you get a St Louis commercial lending or financing loan.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau Check back daily for more financial news.


We Are Now On Google Maps!

St Louis Mortgage: Scan Code With Your Smartphone For More Details On Home Mortgage, Commercial Lending and Financing and the Best Principal Reduction Program Available.

To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Wed, 11 May 2011 06:02:00 -0700 Homes For Sale Saint Louis: Rental Fraud Has Not Gone Away http://stlouismortgage.posterous.com/homes-for-sale-saint-louis-rental-fraud-has-n http://stlouismortgage.posterous.com/homes-for-sale-saint-louis-rental-fraud-has-n

Commercial Lending and Commercial Lenders 877-334-0210

St Louis Mortgage and Real Estate News –

St Louis Finance Lending and Loan News: Rental Properties That Sound Too Good To Be True May Cost You Dearly
St Louis Home Mortgage and Commercial Loans | Principal Loan Reduction Program 
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Financing

SCAM ALERT: Rental Fraud

There were reports in 2010 about people who advertise rental properties that do not legally belong to them according to Home For Sale Saint Louis experts. And it hasn't gone away. They advertise a house for rent online saying how beautiful this home is.

They suck you in with all the amenities and ask that you request an application.

These would be owners also include a well written letter describing their plight on not being able to sell their home (which in today's mortgage crisis is not really that far off course) and have decided to rent it instead and that you would be helping them out.

They go on to suggest that they did not like the real estate agent or company who was trying to sell their home and have decided to take it off the market.

But the clincher is you as the new renter must submit an application with the down payment and first month's rent and then do the homeowner a big favor... the removal of the "for sale" sign off the lawn.

This real estate hoax has not gone away. The perpetrators utilize better forms of advertising and prey upon the sympathies of those needing a home.

Here are some tips to protect you and your money from rental fraud:

1. When you look for a home to rent, look at the reply letter. If it looks like a "form" letter, red flags should go up immediately.

2. Read the e-mail carefully and see if they answer any questions you submitted in your inquiry. If not, it probably is a form letter.

3. Once you ascertain the address of the property, type it into Google with the zip code if possible. You will definitely pull up listings on the search engines about this property such as is it listed "for sale." Jot down the real estate agent's phone number and call about this property for rent. If the agent says it is not, you were a target of rental fraud from an anonymous person. Report this to the agent and where you saw this property advertised for rent.

4. Never, ever meet someone at a different location other than the address of the rental property after you have done your due diligence on the Internet and made any phone calls necessary.

5. The supposed homeowner should be able to meet you at the rental property location and let you in the house to view it. If not, run, don't walk.

6. And last but not least, never give cash or send cash to someone that is in another town as this definitely sounds like rental fraud. And for obvious legal reasons, never remove a "for sale" sign from a yard. You may be a good Samaritan but save the goodwill gestures for someone truly in need.

On March 15, 2010, Dennis Norman of the St. Louis Real Estate News had this to say in his article entitled: "How to avoid being a victim of a real estate rental scam,"

Look out for: The scammer duplicates postings from legitimate real estate sites, alters them, and reposts them. Often, the scammers use the broker’s real name to create a fake e-mail address, which gives the fraud more legitimacy. When the victim sends an e-mail through the website inquiring about the home, they receive a response from someone claiming to be the owner.

The “owner” typically says he and his wife are doing missionary work in a foreign country and need someone to rent their home while they are away. If the victim is interested, he or she is asked to send money to the “owner” in the foreign country. These funds go directly to the scammer, and the would-be renter loses his or her money.

WARNING: Real estate agents or their assistants (although no fault of their own) may also want to briefly check the places where they advertise their properties as to avoid any future complaints and irate phone calls from those who may have fallen victim to these scams.

Now that information is easily attainable, you should be able to do a little checking before committing to a rental property.

And remember to never let your emotions get the best of you. Yes, it may be the best home for you and your family and yes, the price may be too hard to pass up.

But keep in mind nothing feels worse than getting ripped off especially if it costs you your hard earned cash that none of us today can afford to throw away.

Below we have included an actual example of an e-mail that was sent in response to a rental property in St. Louis, Missouri in the 63109 zip code area and the initial advertisement of said rental property.

Carefully read the tone of this letter and hopefully this will save unnecessary heartache and financial woes to good people trying to locate a new home for their family.

Good house rental searching for you.

This information brought to you by Floyd Tapia at (314) 334-0210.

(Advertisement Dated 2011-02-08 - St. Louis housing | apts/housing for rent)

$700 / 3br - Single-Family Home (Saint Louis MO 63109)


Date: 2011-02-08, 11:01AM CST Reply to: see below


Reply to:xxxxxxxxxxx@yahoo.com
Reply to:xxxxxxxxxxx@yahoo.com
Reply to:xxxxxxxxxxx@yahoo.com
(E-mail hidden for legal and privacy reasons.)

This updated home in the very desireable 63109 area of Southwest City has been completely renovated! This home was redisigned to include a main floor master suite with a luxury bath and large walk in closet! There are two bedrooms, a loft/den area and a full bath upstairs. Check out these updates-New electrical, plimbing, HVAC systems, hot water heater, six panel doors, fresh carpet, insulated windows, roof, vinyl siding, gleaming hardwood floors in the great room and ceramic tile in the kitchen and bathrooms. You will love the largegourmet kitchen and breakfast room! Enjoy sitting on your covered front porch with your morning coffee or… entertaining on your covered back porch! This stylish home has all of the updates that you want for today's lifestyle! Walk to parks, restaurants and shopping! Great highway access! You must see this charming home to appreciate the perfect blend of style, updates and old world charm that is all here!

  • cats are OK - purrr
  • dogs are OK - wooof
  • Location: Saint Louis MO 63109
  • it's NOT ok to contact this poster with services or other commercial interests

(Actual rental response on file. Dated: Wed, February 9, 2011 4:22:02 AM)

Hello.

Thanks for your response. GOD bless you for your interest about my House,Yes is still available for rent.. I am renting this House to a capable and also responsible and neat person or family who has the fear of GOD and treat my House as his or her own... Presently I and my wife have work for USAID.USAID works in agriculture, democracy & governance, economic growth, the environment, education, health, global partnerships, and humanitarian assistance in more than 100 countries to provide a better future for all. USAID still faces an uncertain future. In many developing countries, HIV/AIDS and health issues are having a dramatic impact on social cohesiveness and economic strength, blocking the very development goals we seek. Virtually all the new democracies in the world today are fragile; others are democracies more in name than substance. Nearly a quarter of the people living in developing countries, or about one billion people, live in absolute poverty.. There are a host of other threats - ranging from terrorism to infectious disease and violent conflict - that challenge us and the developing nations we seek to help. Here is USAID Web address:- http://www.usaid.gov USAID efforts to foster world-wide economic growth and increased trade,and tackling cross-border issues such as the spread of HIV/AIDS and trafficking in persons... To safe the life of peoples from primitive death that claims the souls of younger ages as a result of casual sex gave us transfer to West Africa and we will be away for 5 years or more and this is why we are actually renting out our House,so if you are interested and will take good care of our House then we will be ready to accept you as our future tenant and family friend. If you really impress me by taking proper good care of our House, then you will be allowed to stay as long as you wish okay.

House Address: xxxx Blow Street, Saint Louis MO 63109
(Actual number address removed for legal and privacy reasons!)

TAKE NOTE: I PUT UP THE HOUSE FOR SALE BEFORE WE LEFT SINCE WE DON'T SEE CAPABLE AND ALSO RESPONSIBLE PERSON TO HANDOVER THE PROPERTY TOO,AND I DON'T WANT TO MAKE USE OF ANY THIRD PARTY SINCE WE HAVE BEEN DISAPPOINTED BY 2 OF THEM BEFORE WHEN WE TRAVEL TO CANADA. SINCE THEN MY WIFE ADVICE ME NOT TO DEAL WITH ANYONE OF THEM AGAIN. BUT WHEN WE GET TO WEST AFRICA DUE TO SOME REASON, MY WIFE ADVICE ME NOT TO SALE THE HOME AGAIN THAT WE CAN STILL SEE SOMEONE CAPABLE AND ALSO RESPONSIBLE THAT WILL BE WILLING TO TAKE PROPER GOOD CARE OF THE HOUSE AS IF IT WERE HIS OR HER OWN. SO I CONTACT A FRIEND AND HE INTRODUCED ME TO CRIAGLIST AND SAID WE CAN SEE A RESPONSIBLE PERSON FROM THEIR,I NOW POSTED IT FOR RENT. SO NOW IS FOR RENT,NOT FOR SALE IN CASE YOU SEE ANY SIGN WHEN YOU DRIVE BY,DON'T BOTHER TO CALL BECAUSE AM NOT WORKING WITH THEM AGAIN AND I HAVE ALREADY CONTACT THEM IN THE STATE THAT WE ARE NOT SELLING THE HOUSE ANYMORE THAT THEY SHOULD REMOVE THE SIGN OUT AND IF THE SIGN IS STILL THEIR,THAT MEANS YOU WILL BE THE ONE TO REMOVE IT AFTER RECEIVING THE KEYS/DOCUMENTS WITH YOU OKAY.

So get back to me on how you could take care of our House or perhaps experience you have in renting Home. Hope you are okay with the price of $700 per month/$500 for the security deposit fee? With Facilities, Air Condition, washer,dryer, Water, Electricity, Fireplace, Internet Access and so on..

PETS, CATS, AND DOGS, ARE WELCOME!!!

I look forward to hearing from you ASAP, so i can forward you an Application Form to fill out and discuss on how to get the house for rent. Also are you ready to rent it now or when?

Await your reply. Thanks.

(End of Article, Advertisement and Copy of E-mail Communication)

Who should I notify about fraud or scam attempts?

U.S. Federal

==================================================

ARE YOU UPSIDE DOWN ON YOUR HOME?
ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today!

Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage. Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family. This book will help you immensely in clarifying what to do and when to do it so that you are successful in this endeavor. Only then can you make the best decision. Click on the book. Read this book.60 Minute Loan Modification Programs

This "do-it-yourself" 60 Minute Loan Modification Program has literally saved the homes of thousands of consumers. This is what all homeowners need to help them smoothly proceed through this legal and complicated process.

==================================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt.

For a loan modification, visit one of the best Loan Reduction or Principal Loan Reduction Programs. A principal reduction or loan modification can help if you are underwater with negative equity. Don't wait any longer. You are not alone. The above best seller book entitled "60 Minute Loan Modification Workbook" will help you do this yourself or at least educate you on whether you should hire an attorney or not.

Business Owners: As a commercial lending and principal reduction program consultant, Floyd Tapia and his team can focus on bringing you innovative private lending solutions to meet all types of financing needs. We have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let us turn your challenges into closings and help you get a St Louis commercial lending or financing loan.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau Check back daily for more financial news.


We Are Now On Google Maps!

St Louis Mortgage: Scan Code With Your Smartphone For More Details On Home Mortgage, Commercial Lending and Financing and the Best Principal Reduction Program Available.

 

To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Tue, 10 May 2011 04:37:00 -0700 St Louis Mortgage Lending: Construction Starts To Rise http://stlouismortgage.posterous.com/st-louis-mortgage-lending-construction-starts http://stlouismortgage.posterous.com/st-louis-mortgage-lending-construction-starts

Commercial Lending and Commercial Lenders 877-334-0210

St Louis Mortgage and Real Estate News –

St Louis Finance and Loan Audit News: Construction To Rise 8 Percent In 2011
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program 
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Financing
 

According to McGraw-Hill Construction, new construction starts in 2011 are expected to advance 8 percent to $445.5 billion, with single-family and multifamily starts leading the way. The prediction follows a 2 percent decline predicted for 2010.

Single-family housing in 2011 will climb 27 percent in dollars and 25 percent in number of units to 565,000, and multifamily housing will rise 24 percent in dollars and 23 percent in units, according to the company’s 2011 Construction Outlook, released during a builder’s conference Friday in Washington, D.C.

“While the economy is still facing headwinds, the stage is being set for construction to see modest improvement in 2011 from this year’s very weak activity,” said Robert A. Murray, vice president of economic affairs at McGraw-Hill Construction, addressing nearly 400 construction executives and professionals. The company is a division of McGraw-Hill.

Murry goes on to say that “we’re turning the corner, slowly; 2011 will be the first year of renewed growth for overall construction activity, and 2010 becomes the final year of a very lengthy and unusual construction cycle.”

The outlook predicted that commercial buildings will increase 16 percent, following a three-year decline, but said the levels of activity expected for stores, warehouses, offices and hotels in 2011 will still be quite weak by historical standards.

The institutional building market will slip an additional 1 percent in 2011, retreating for the third straight year, but health-care facilities category should see moderate growth.

Manufacturing buildings will increase 9 percent in dollars and 11 percent in square feet while public works construction will drop 1 percent and electric utilities will slide 10 percent, according to the report's predictions.

==================================================

ARE YOU UPSIDE DOWN ON YOUR HOME?
ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today!

Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage. Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family. This book will help you immensely in clarifying what to do and when to do it so that you are successful in this endeavor. Only then can you make the best decision. Click on the book. Read this book.60 Minute Loan Modification Programs

This "do-it-yourself" 60 Minute Loan Modification Program has literally saved the homes of thousands of consumers. This is what all homeowners need to help them smoothly proceed through this legal and complicated process.

==================================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt.

For a loan modification, visit one of the best Loan Reduction or Principal Loan Reduction Programs. A principal reduction or loan modification can help if you are underwater with negative equity. Don't wait any longer. You are not alone. The above best seller book entitled "60 Minute Loan Modification Workbook" will help you do this yourself or at least educate you on whether you should hire an attorney or not.

Business Owners: As a commercial lending and principal reduction program consultant, Floyd Tapia and his team can focus on bringing you innovative private lending solutions to meet all types of financing needs. We have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let us turn your challenges into closings and help you get a St Louis commercial lending or financing loan.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau Check back daily for more financial news.


We Are Now On Google Maps!

St Louis Mortgage: Scan Code With Your Smartphone For More Details On Home Mortgage, Commercial Lending and Financing and the Best Principal Reduction Program Available.

To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Mon, 09 May 2011 08:01:00 -0700 St Louis Commercial Mortgage: Commercial Foreclosures Up 39 Percent http://stlouismortgage.posterous.com/st-louis-commercial-mortgage-commercial-forec http://stlouismortgage.posterous.com/st-louis-commercial-mortgage-commercial-forec

STLTEXT, St Louis Mobile Coupons, Cell Phone Advertising and iPhone APP For Local Shopping

St Louis Mortgage and Real Estate News –

St Louis Loan Audit and Principal Reduction News: Commercial Foreclosures Up 39 Percent In Dallas-Fort Worth Areas
St Louis Home Mortgage and Commercial Loans | Principal Loan Reduction Program 
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Financing
 

Foreclosure postings filed on commercial real estate in the Dallas-Fort Worth (D-FW) metro area are at their highest point in 19 years, according to Foreclosure Listing Service, with postings up 39 percent compared to the first 11 months of 2009.

From January through Tuesday’s November foreclosure auctions, 3,029 postings have been filed on commercial properties in D-FW compared to just 2,173 for the year-ago period according to St Louis commercial mortgage experts.

The postings include all types of commercial real estate, including retail centers, office buildings,

warehouses, apartments and commercially zoned land.

“Although this is the highest volume of commercial postings that I have seen in almost two decades, it comes no where near the level that I saw back in 1988, when the all-time record high was set with around 8,000 total commercial postings filed in that year,” said George Roddy, president of Dallas-based Foreclosure Listing Service.

For the year, Roddy said he expects commercial foreclosures in D-FW to reach 3,300.

The real estate crash of the late 1980s included significant amounts of signature properties, according to Roddy.

Roddy goes on to say: "Although I am seeing some Class A properties posted, the vast majority of the commercial properties posted for foreclosure in today’s market are either Class B or C properties or miscellaneous commercial buildings."

One of the biggest foreclosures of the year was the Four Seasons Hotel & Resort in Irving, which involved delinquency on an original mortgage of more than $180 million. It was repossessed by the lender earlier this year.

==================================================

ARE YOU UPSIDE DOWN ON YOUR HOME?
ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today!

Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage. Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family. This book will help you immensely in clarifying what to do and when to do it so that you are successful in this endeavor. Only then can you make the best decision. Click on the book. Read this book.60 Minute Loan Modification Programs

This "do-it-yourself" 60 Minute Loan Modification Program has literally saved the homes of thousands of consumers. This is what all homeowners need to help them smoothly proceed through this legal and complicated process.

==================================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt.

For a loan modification, visit one of the best Loan Reduction or Principal Loan Reduction Programs. A principal reduction or loan modification can help if you are underwater with negative equity. Don't wait any longer. You are not alone. The above best seller book entitled "60 Minute Loan Modification Workbook" will help you do this yourself or at least educate you on whether you should hire an attorney or not.

Business Owners: As a commercial lending and principal reduction program consultant, Floyd Tapia and his team can focus on bringing you innovative private lending solutions to meet all types of financing needs. I have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let me turn your challenges into closings and help you get a St Louis commercial lending or financing loan.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau Check back daily for more financial news.


We Are Now On Google Maps!

St Louis Mortgage: Scan Code With Your Smartphone For More Details On Home Mortgage, Commercial Lending and Financing and the Best Principal Reduction Program Available.

To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Sat, 07 May 2011 06:53:00 -0700 St Louis Finance Lending: Income Down Savings Down http://stlouismortgage.posterous.com/st-louis-finance-lending-income-down-savings http://stlouismortgage.posterous.com/st-louis-finance-lending-income-down-savings

STLTEXT, St Louis Mobile Coupons, Cell Phone Advertising and iPhone APP For Local Shopping

St Louis Mortgage and Real Estate News –

St Louis Finance and Lending News: Personal Incomes and Savings Rate Down
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Reduction

According to the Commerce Department, personal income fell 0.1 percent. The drop in personal income was a sharp reversal from a revised 0.4 percent increase registered in August.

Further reports by the Commerce Department showed that spending by individuals increased by 0.2 percent.

Economists expected that spending by individuals would rise 0.4 percent in September, according to a consensus estimate from Briefing.com.

Consumer spending is watched closely because it accounts for 70 percent of total economic activity.

The government reported Friday that the economy grew at an annual rate of 2 percent in the July-September quarter. That's only slightly better than 1.7 percent growth in the April-June quarter.

Many economists believe that growth in the current quarter will be little changed from the third quarter. Consumer spending had helped boost third-quarter growth.

It was the best showing since a 4.1 percent rise in consumer spending at the end of 2006, before a severe recession hit.

However, Monday's report suggested the strength occurred in July and August and that spending slowed considerably in September.

The savings rate fell to 5.3 percent in September, the lowest rate since August 2009. But it is still well above the 2.1 percent average savings rate for all of 2007.

An inflation gauge tied to consumer spending rose a slight 0.1 percent in September and was flat after excluding volatile food and energy.

In response to the weak economy, the Federal Reserve this week is expected to announce a program to buy Treasury bonds.

The effort is designed to drive interest rates lower and spur economic activity.

==================================================

ARE YOU UPSIDE DOWN ON YOUR HOME? ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Principal Reduction Program: Watch These Shocking Mortgage Fraud Videos...

You can save your home or business and put a foreclosure stop on the process. A principal reduction or loan modification can also help if you are underwater with negative equity.

Visit our principal reduction and loan reduction website for your FREE loan audit and loan review today!

Take action now in order to save your home. Waiting will not help. It will only make your situation worse. This book shown below will take you step-by-step on how to properly fix your mortgage. Before you hire an expensive attorney, do your due diligence first and educate yourself so that you make the right decision for you and your family. This book will help you immensely in clarifying what to do and when to do it so that you are successful in this endeavor. Only then can you make the best decision. Click on the book. Read this book. 60 Minute Loan Modification Programs
This "do-it-yourself" 60 Minute Loan Modification Program has literally saved the homes of thousands of consumers. This is what all homeowners need to help them smoothly proceed through this legal and complicated process.

==================================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at (314) 336-9111 and ask for Steve Swan or Doug Stahlschmidt.

For a loan modification, visit one of the best Loan Reduction or Principal Reduction Programs. A principal reduction or loan modification can help if you are underwater with negative equity. Don't wait any longer. You are not alone. The above best seller book entitled "60 Minute Loan Modification Workbook" will help you do this yourself or at least educate you on whether you should hire an attorney or not. Bad credit is not a problem.  

Business Owners: As a commercial lending and principal reduction program consultant, my team can focus on bringing you innovative private lending solutions and if necessary can provide a FREE commercial or home mortgage loan audit to meet all types of financing needs. I have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let me turn your challenges into closings and help you get a St Louis commercial lending or financing loan.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau Check back daily for more financial news.

We Are Now On Google Maps!  

St Louis Mortgage: Scan Code With Your Smartphone For More Details On Home Mortgage, Commercial Lending and Financing and the Best Principal Reduction Program Available.

To "read" the boxy black-and-white bar code above, you'll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here: (Android phones come with QR readers.)

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia
Wed, 27 Apr 2011 07:34:00 -0700 St Louis Lending: Billions Lost By Fannie Mae and Freddie Mac http://stlouismortgage.posterous.com/st-louis-lending-billions-lost-by-fannie-mae http://stlouismortgage.posterous.com/st-louis-lending-billions-lost-by-fannie-mae

St Louis Coupons, Cell Phone Advertising and iPhone APP For Local Shopping

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 recession according to St Louis lending experts.

The projections, based on the results of a home-price "stress test" by the Federal Housing Finance Agency, offered the first public estimates of the final cost of the government's rescue of the mortgage-finance firms, which is on track to become the most expensive legacy of the 2008 financial crisis.

Under the regulator's most positive home-price scenario, Fannie and Freddie would lose $6 billion over the next three years and they would still have to ask the government for 11 times that amount to make dividend payments.

On its most likely projection which assumes an end to the housing crisis is close and that home prices will stop falling soon, it will still lose $19 billion during that same period.

On the other hand, if the economy slides back into recession and home prices fall by another 20 to 25 percent, the companies could cost taxpayers an additional $124 billion and that's before any dividend payments are made.

Another drop in values could prove fatal to this already dying economy leading to more delinquent borrowers with fewer options in stopping foreclosure.

Price declines could also lead to additional losses on the nearly 210,000 homes the firms have taken back through foreclosure.

Fannie and Freddie own or guarantee approximately 50 percent of the nation's $10.6 trillion in mortgages.

While the Obama administration has said the $700 billion Troubled Asset Relief Program could ultimately cost taxpayers a fraction of the initial investment, the tab for Fannie and Freddie has swelled to larger proportions as mortgage delinquencies have mounted.

Federal policymakers have relied heavily on the firms to help stabilize the housing sector, which together with the FHA have backed or bought nine in ten new loans this year, according to Inside Mortgage Finance.

==================================================

ARE YOU UPSIDE DOWN ON YOUR HOME? ARE YOU FACING FORECLOSURE?

What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85% of mortgages?

Call Now For Your FREE MORTGAGE CHECK-UP
877-334-0210 or 314-334-0210 | Floyd Tapia

www.LibertyLendingConsultants.com
Home Foreclosure Hero
The Rigley Group
 

Or visit our principal reduction and loan reduction website for your FREE loan audit and review where you can fill out the quick application.

==================================================

Articles and News Sponsored by Liberty Lending Consultants

When applying for any type of St Louis mortgage, call Liberty Lending Consultants, the recognized St Louis home loan and refinancing experts, at 314-336-9111 and ask for Steve Swan or Doug Stahlschmidt.

For business owners looking for small business loans and alternative financing that works including home owners who are credit challenged or upside down on their home loan, call Floyd Tapia, host of the St. Louis "Mortgage Minute" at 314-334-0210.

As a commercial lending and principal reduction consultant, I focus on bringing you innovative private lending solutions and if necessary can provide a FREE commercial or residential loan audit to meet all types of financing needs. I have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let me turn your challenges into closings by helping you get a nationwide or St Louis commercial financing and lending.

Sponsored by: St Louis Mortgage, Lending and Refinancing 877-334-0210 Member of the Better Business Bureau

Check back daily for more financial news.

Permalink | Leave a comment  »

]]>
http://files.posterous.com/user_profile_pics/873976/floyd-tapia.JPG http://posterous.com/users/ZyBTI1EOM4p Floyd Tapia stlouismortgage Floyd Tapia