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11.12.2009 11:05 am

St. Louis-area foreclosures down sharply in Oct.

St. Louis Post-Dispatch

As we noted in a short item in today’s paper, the pace of foreclosures eased in the St. Louis region in October, mirroring national trends that show that the worst of the wave of mortgage troubles just may be over.

The…

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09.11.2009 10:42 am

Foreclosures on the rise again, and more trouble looms

St. Louis Post-Dispatch

It doesn’t look like the foreclosure problem in St. Louis will be going away any time soon.

If anything, it’s getting worse again.

We got some new data on foreclosures in the St. Louis region from RealtyTrac the other day, and what…

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08.14.2009 9:19 am

Report: 30 percent of St. Louis mortgages are ‘underwater’

St. Louis Post-Dispatch

Despite St. Louis’ relatively-affordable cost of housing, borrowers here are just about as likely as the nation as a whole to owe more on their house than it’s worth.

Those are the findings of a new report out this week from…

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07.22.2009 1:27 pm

National group to hold big mortgage-relief fair in St. Louis next weekend

St. Louis Post-Dispatch

The floor of the Chaifetz Arena was dark Wednesday morning. But a week from Friday, it’ll be packed with people trying to fix busted mortgages.

That’s when a four-day foreclosure relief fair unlike any seen here before will kick off. The…

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05.28.2009 11:30 am

More Mo., Ill. residents falling behind on mortgages

St. Louis Post-Dispatch

About one in every 13 borrowers in Missouri is behind on their mortgage, according to figures out today from the Mortgage Bankers Association, and the rate in Illinois is a bit higher.

Mortgage delinquency in both states, and the nation as…

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04.16.2009 6:34 am

U.S. foreclosure filings shoot up, though not in St. Louis

St. Louis Post-Dispatch
Foreclosure filings - made up of default notices, auction sale notices and bank repossessions - jumped to a record high in the first quarter, up 9 percent nationwide from the end of 2008, RealtyTrac reports today.
About one in every 159…
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04.10.2009 3:21 pm

Fewer St. Louis foreclosures are ending up with the bank

St. Louis Post-Dispatch

So maybe all those mortgage work-outs are working out.

That’s the view from at least one set of foreclosure data that we looked at recently.

In 2005, seven out of every eight people (87.46%) who defaulted on their mortgage in St. Louis…

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03.27.2009 5:54 pm

Pa.-based brokerage offers “worry-free” mortgage

St. Louis Post-Dispatch

It’s become the trend from car companies and apartment complexes, trying to ease the troubled minds of consumers into making a big-ticket purchase. Now a Pittsburgh-based mortgage company is offering “income protection” in case its borrowers lose their jobs.

Howard Hanna…

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03.17.2009 9:35 am

Mortgage fraud up in ‘08, Ill., Mo., both rank high

St. Louis Post-Dispatch

Even as the mortgage market melted down last year, reported incidents of mortgage fraud hit an all time high, according to a new report out from the Mortgage Asset Research Institute. And few places saw as much of it as…

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03.04.2009 10:49 am

Foreclosure plan: Will it work? Vote!

St. Louis Post-Dispatch

We at Building Blocks have been following the big anti-foreclosure plan for a few weeks now.

We’ve written about what people think on the front lines.

We’ve broken down what it could mean in St. Louis.

And now we’re asking you, dear readers, to…

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