St Louis Home Mortgage, Loans and Refinancing: Foreclosures Spreading

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St Louis Mortgage and Real Estate News –

St Louis Finance and Loan News: Foreclosures Are Spreading
St Louis Mortgage Refinancing and Commercial Loans | Principal Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Modification Advocate

 According to a report released early in 2011 by RealtyTrac, one out of every 9 homes in Las Vegas, Nevada received some kind of default notice in 2010.

But there seems to be a silver lining: The foreclosure rate is actually dropping in Vegas which was down 7 percent compared to the end of 2009 according to the St Louis Refinancing Group news team.

In fact, rates fell in all top 10 foreclosure markets of 2010.

In second highest foreclosure market,

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St Louis Home Mortgage and Loan: Federal Reserve Did Not Help Economy

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St Louis Mortgage and Real Estate News –

St Louis Finance Lending and Loan Reduction News: Surprising Financial Turn as Federal Reserve's Policy Helped Stocks And Not Economy
St Louis Mortgage and Commercial Loans | Principal Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Modification Advocate

According to a CNBC Fed Survey in December, the Federal Reserve’s policy to purchase $600 billion of bonds in a program widely known as QE2 has been mostly ineffective at lowering interest rates and will do little to improve the unemployment rate.

The survey of 76 economists, bond and stock traders, and analysts, found about 62 percent saying the Fed’s program has been ineffective at lowering interest rates.

A similar percentage believes the

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St Louis Home Loan Mortgage: 2011 Is Still Looking Dismal

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St Louis Mortgage and Real Estate News –

St Louis Finance Lending and Loan Reduction News: Orszag Says 2011 May Be Looking Worse Than Originally Expected
St Louis Home Mortgage and Commercial Loans | Principal Reduction Program
877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Mortgage Loan Modification

Several months ago, Peter Orszag, Obama's former director of the Office of Management and Budget, offered his views to the media in a conference call entitled: "Out with the Rhetoric and In With the Facts on the Budget."

The tectonic shifts in the financial sector, housing market, and subsequent (and ongoing) consumer de-leveraging pose drastically difficult obstacles for the Federal Reserve.

Orszag noted that, unlike slowdowns that are associated with monetary policy being tweaked in

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