St Louis Refinancing and Mortgage Loan: Another Housing Crash May Be Coming

Commercial Lending and Commercial Lenders 877-334-0210

St Louis Mortgage and Real Estate News –

St Louis Finance and Mortgage Refinancing News: The Housing Crash Part II
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, St Louis Commercial Lending and Loan Modification

 Many experts are saying the best evidence that we're headed for a double-dip recession in housing is the quality of the mortgages during the recent period in which the housing market seemed to improve in many areas.

In the Freddie Mac review of Citigroup’s performing loans, the portion rated as “Not Acceptable Quality” was as high as 32 percent in the fourth quarter of 2009.

While this has obvious implications for

Read the rest of this post »