St Louis Home Loan and Mortgage Lending: Fannie and Freddie Out
St Louis Mortgage and Real Estate News –
St Louis Finance and Loan News: Fannie and Freddie Recommended To Be Phased Out
St Louis Home Mortgage and Commercial Loans | Principal Loan Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Modification Advocate
There are new reports coming from the White House stating that the Obama administration has issued a White Paper strongly recommending the gradual elimination of government-sponsored mortgage backers Fannie Mae and Freddie Mac according to St Louis mortgage brokers.
It has included three different options for reducing the role the U.S. government plays in the
mortgage market, the Washington official said.
The three options in the administration's white paper were outlined in published reports in February 2011.
The most conservative of the three options would involve no government role in the mortgage market beyond existing federal agencies, such as the Federal Housing Administration (FHA), according to the Wall Street Journal.
The two other options relate to the government's place in the secondary mortgage market, previously filled by Fannie and Freddie.
Under one option, the government would backstop mortgages during times of "market stress," while the other recommends that the government be involved at all times.
In addition, officials could also reduce the maximum loan limit for mortgages that Fannie and Freddie are allowed to buy, and encourage them to raise the fees they charge banks to guarantee mortgages.
Other options that could be discussed in the white paper are gradual increases in the minimum down payments on government-backed loans, and an accelerated reduction in Fannie and Freddie's loan portfolios according to St Louis finance news reports.
=============================================
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:
Check back daily for more financial news.
We Are Now On Google Maps!
=============================================
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.
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
St Louis Mortgage and Loans - Liberty Lending Consultants
St Louis Magic and Birthday Parties - Jason Routh
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




