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IMPORTANT: Bing News RSS feed has moved!The St. Louis district was the lone dissenter ... real estate activity was depicted as “lackluster” across most of the nation. Mortgage refinancing, however, was said to have grown at a “rapid pace.” Beige Book findings are based ... Read moreBeige Book Illustrates Weakness in Real Estate, Pickup in RefinancingIn St. Louis on ... to keep up with her mortgage payments after her painting contracting business went under four years ago, Quain, 59, said the bank foreclosed on her home after lenders did not work with her on modification or refinancing plans. Read moreOccpuy Wall Street protesters spotlight home foreclosures"As the largest mortgage company in St. Louis, we do not have one organization that purchases ... That's an improvement from the 6.1 percent in the spring. Such low equity makes refinancing difficult. The Federal Housing Administration requires 3 percent ... Read moreHomeowners struggle as properties sink 'underwater'"The people who are most interested in ARMs tend to have a jumbo loan, but we also see people who know they will sell their home within a few years," says Bill Kusman, president of mortgages for First Bank, in St. Louis. If your goal is to keep ... Read moreWhen Is It a Good Idea to Refinance Into an ARM?San Francisco and St. Louis make up the Fed’s districts ... Then there are the unwelcome realities of the CRE refinancing cycle. As the Wall Street Journals’ Developments blog notes in “Commercial Delinquencies Down, for Now,” the ... Read moreThe Tide Is Turning For CRESan Francisco and St. Louis make up the Fed’s districts ... Then there are the unwelcome realities of the CRE refinancing cycle. As the Wall Street Journals' Developments blog notes in "Commercial Delinquencies Down, for Now," the loans granted to ... Read moreThe Tide Is Turning For Commercial Real EstateU.S. cities face hundreds of millions more in penalties if they refinance the bonds into fixed-rate securities ... ‘Cash Alternative’ Pitch In August 2004, St. Louis-based broker A.G. Edwards gave more than 300 pages of documents to the ... Read moreGovernments Using Swaps Emulate Subprime Victims of Wall StreetAnthony Kramer, 21, of St. Louis, said he had been in camp about five days ... Wendy Booth, 51, has been seeking to refinance her mortgage since being laid off from a title company in 2008, saying she was denied by her mortgage lender, Citibank, multiple ... Read moreOccupy San Francisco Encampment Cleared By Police In Overnight Raid (VIDEO)Prepack Coming St. Louis Post Dispatch Owner to Prepack by Dec. 12 Lee ... The loan modification required refinancing the maturing $138 million in what are referred to as Pulitzer notes. Credit markets wouldn't permit refinancing, according ... Read moreFor additional information, please see:
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