mortgage news: St. Louis Real Estate - Financial Meltdown - 10/12/08 08:33 AM
"Too weird for words"...that's our financial world right now.
As a result, Chicken Little is running wild! And he is providing fuel for every single media outlet in this country. "The sky is falling, the sky is falling..." Well, unless you're willing to live in a bomb shelter that your grandparents … (1 comments)
mortgage news: St. Louis Real Estate - Mortgage News - FHA takes the gloves off - 06/18/08 05:22 PM
FHA Lifts 90 Waiting Period by Chris Scheer, Cornerstone Mortgage, O'Fallon, MO
In a move to help get foreclosures off the books of lenders quicker and help avoid deterioration of properties that have been foreclosed upon the Department of Housing and Urban Development has lifted their ban on writing a contract … (0 comments)
mortgage news: St. Louis Real Estate - Mortgage News - Foreclosure - 06/16/08 08:49 PM
Summer is almost here! by Chris Scheer, Cornerstone Mortgage, O'Fallon, MO
After spending 5 of the last 7 days on the golf course, I realized (not for the first time) that my future is not in professional golf. Thus I am resigned to continuing to help people achieve the American Dream … (2 comments)
mortgage news: St. Louis Real Estate - Mortgage News - Live Talk - 05/19/08 12:04 PM
Someone Finally Heard the Message! by Chris Scheer, Branch Manager, Cornerstone Mortgage, O'Fallon, MO
Stop the presses! After attempting to brand myself as "Your Residential Lending Expert" for over the past 2 years, one of my past clients has finally heard the message. Dave Simons who hosts the "Dollars and Sense" … (0 comments)
mortgage news: St. Louis Real Estate - Mortgage News - Declining Market 2 - 05/13/08 08:20 PM
Declining Markets Part 2 by Chris Scheer, Branch Manager, Cornerstone Mortgage, O'Fallon, MO
So what defines a "Declining Market?" Some investors have taken their large paintbrush out and if an area; county, city or zip code has seen their average sales price drop in the last quarter; they are calling it … (0 comments)
mortgage news: St. Louis Real Estate - Mortgage News - Going Down - 05/10/08 10:33 AM
Lock and Load! by Chris Scheer, Branch Manager, Cornerstone Mortgage, O'Fallon MO
Well the Federal Reserve has lowered short term interest rates once again and if you believe the written statement coming out of the meeting, they are finished lowering interest rates. The "inflation" boogeyman is haunting them as well it should … (0 comments)
mortgage news: St. Louis Real Estate - Mortgage News - Declining Markets - 05/10/08 10:15 AM
Declining Markets by Chris Scheer, Branch Manager, Cornerstone Mortgage, O'Fallon, MO
As the foreclosures and short sales begin to take effect on the housing market one of the single biggest changes that is occurring is the dreaded "Declining Market" label attached to a property in the appraisal. I have seen investors make … (0 comments)
mortgage news: St. Louis Real Estate - Mortgage Insurance News - 09/27/07 05:11 PM
How quaint! Money down, good credit and some mortgage insurance and YOU could own a home. FHA Mortgage Insurance May Change! by Chris Scheer, Branch Manager, Cornerstone Mortgage, O'Fallon, Missouri HUD has announced a proposal to change the cost of both upfront and monthly mortgage insurance for purchases and refinances. This change is … (0 comments)
mortgage news: St. Louis Real Estate - Dark Side (cont) - 07/19/07 08:24 PM
So how do you avoid the "Dark Side?"by Chris Scheer, First Integrity Mortgage Let me first say that I believe that everyone should have the opportunity to make money. The Mortgage Industry is a great place to earn a living, provide for your family and help people make dreams come true. However, … (0 comments)
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"Too weird for words"...that's our financial world right now. 
