St Louis Home Mortgage and Loan Reduction: US Postal Service Feeling The Crunch

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St Louis Mortgage and Real Estate News –

St Louis Finance and Refinancing Loan News: US Postal Service In Financial Trouble
 St Louis Mortgage Broker and Commercial Loans | Principal Loan Reduction
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Compliance Advocate

 The U.S. Postal Service (USPS), a self-supporting government agency that receives no tax dollars, said it suffered a loss of $329 million in the first quarter of federal fiscal year 2011. That was compared with a loss of $297 million a year earlier.

The agency has been suffering from an ongoing decline in mail volume, which has undercut revenues, while

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St Louis Home Loan and Mortgage Lending: Fannie and Freddie Out

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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

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St Louis Mortgage Refinancing and Home Loan Mortgage: Shadow Inventory Pushes Foreclosures

St Louis Mortgage and Real Estate News –

St Louis Finance and Mortgage Broker News: Shadow Inventory Will Push Foreclosures
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Compliance Advocate

 Two reports from separate credit rating agencies are drawing the same conclusion and that is foreclosures will reach new heights in 2011, even after setting records in 2010 according to St Louis finance experts.

"DBRS expects foreclosure filings and completed foreclosures to reach record levels in 2011 as alternatives such as modifications for seriously delinquent borrowers

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St Louis Mortgage Loan and Refinancing Loan: Market Bears 30 Percent Of Foreclosures

St Louis Mortgage and Real Estate News –

St Louis Finance and Principal Loan Reduction News: Only 30 Percent Of Foreclosures On The Housing Market
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Compliance Advocate

RealtyTrac Senior Vice President Rick Sharga said major banks currently hold roughly 1 million REO, or homes repossessed through foreclosure, but only 30 percent have actually made it onto the market.

According to its year-end report, foreclosure filings reached a new high in 2010 and should climb even higher this year, possibly surpassing 4 million filings according to several St Louis mortgage brokers.

And that's not counting the more than 5 million delinquent loans that have yet to enter the

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Local Consumers Say St Louis Paper Coupons May Be Dead Like The Yellow Pages

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ST LOUIS COUPON and MOBILE NEWS: Are Paper Coupons Going The Way Of 8-Track Tapes

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Retail stores, restaurants, auto repair, grocery chains, food and drug manufacturers, hair salons, dentists, veterinarians, real estate agents and even coupon marketers themselves are now going electronic on the Internet.

You no longer need a pair of scissors, a magnifying glass and a Sunday paper for locating St Louis deals and discounts.

Simply visit a Web site, type in codes, and you will find all the

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