stlouismortgage's posterous http://stlouismortgage.posterous.com Most recent posts at stlouismortgage's posterous posterous.com Wed, 01 Jun 2011 05:42:00 -0700 St Louis Mortgage Broker and Refinancing: Freddie Mac In Serious Trouble http://stlouismortgage.posterous.com/st-louis-mortgage-broker-and-refinancing-fred http://stlouismortgage.posterous.com/st-louis-mortgage-broker-and-refinancing-fred

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St Louis Mortgage and Real Estate News –

St Louis Loan Reduction and Mortgage Lending News: Freddie Mac's Delinquencies Climb
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage and Loan Modification Consultant

Freddie Mac's 90-plus day delinquency rate increased for the first time since February, according to the government sponsored enterprise's monthly summary.

The delinquency rate for single-family residences was 3.82 percent in October, up from 3.8 percent in September according to St Louis mortgage refinancing experts.

The delinquency rate for multifamily properties also increased, up to 0.44 percent in October from 0.35 percent.

However, this is the second consecutive monthly increase in delinquencies on this type of property.

One year ago, the delinquency rate for single-family residences backed by Freddie Mac was 3.65 percent and 0.18 percent for multifamily properties.

That constitutes a 4.6 percent yearly increase in single-family delinquencies from 2009 and a 144.4 percent yearly increase in multifamily delinquencies.

The 2007 vintage accounts for the most delinquencies, as 0.64 percent of these loans are between 60 and 90 days delinquent and 0.95 percent are more than 90-days delinquent.

A total of 12,763 loans originated in 2007 are delinquent on Freddie Mac's books.

Freddie Mac's weekly mortgage rate survey indicated the rate for a 30-year fixed-mortgage rate increased for the first time in two months, up to 4.39 percent.

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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.

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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.

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Sun, 08 May 2011 09:29:00 -0700 St Louis Loan and Loan Reduction: Foreclosures Must Go On http://stlouismortgage.posterous.com/st-louis-loan-and-loan-reduction-foreclosures http://stlouismortgage.posterous.com/st-louis-loan-and-loan-reduction-foreclosures

Commercial Lending and Commercial Lenders 877-334-0210

St Louis Mortgage and Real Estate News –

St Louis Loan Audit and Loan Reduction News: Washington Now Says Foreclosures Must Go On
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending

Over 12 months ago, officials focused on stopping the foreclosure tide. Now they are touting the need for foreclosures to rebuild the housing market.

Last week Phyllis Caldwell, head of the Treasury Department's Homeownership Preservation Office, told a congressional panel that "an important part of ensuring longer-term stability in the market is to enable properties to be resold to families who can afford to purchase them."

However, she did not mention the fact that nearly 85,000,000 Americans cannot qualify for a new home loan. So, the question becomes, who are the new buyers that can afford such a purchase?

Other experts are saying that St Louis foreclosures need to be stopped and mortgages renegotiated to help keep homeowners in their home and can thus pay on time again.

White House Press Secretary Robert Gibbs recently told reporters that without sales of homes in distressed areas the "recovery in the housing market stops. It's frozen." Again a point that can be debated.

The shift in rhetoric signals the Obama administration is recognizing that its loan modification program has failed which is why smart homeowners are taking advantage of attorney based principal reduction program and videos to watch.

What is interesting is that finally it is acknowledging that banks must address their swelling ranks of delinquent loans.

They have called for reviews into the institutions' foreclosure policies and procedures, stressing that servicers must comply with the law.

But they also now acknowledge more vocally that foreclosures must continue for a normal housing market to return.

And that, in part, is why the administration is not supporting a nationwide foreclosure freeze despite the paperwork scandal that is roiling the mortgage industry.

The new tone emanating from the White House also recognizes that the modification program is not living up to its initial goals of helping up to 4 million people avoid foreclosure whereas legal principal reduction and mortgage forensic loan audits can.

Only 496,000 distressed borrowers have received long-term modifications through September 2010.

Officials are "trying to soften everybody up" to the fact that foreclosures are necessary, said Guy Cecela, publisher of Inside Mortgage Finance, an industry newsletter.

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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, 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: (Android phones come with QR readers.)

Permalink | Leave a comment  »

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