Feed: St Louis Mortgage Refinancing: SEC Disclosures - AggScore: 14.1

St Louis Mortgage Refinancing: SEC Disclosures

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St Louis Mortgage and Real Estate News – St Louis Loan Audit News: SEC Wants Better Disclosure Home Mortgage and Commercial Loans | Principal Reductions 877-334-0210 or 314-334-0210 | Floyd Tapia The Securities and Exchange Commission wants issuers of asset-backed securities (ABS) to increase information to investors regarding loans and the assets that back them. If the proposed rule is adopted, the SEC would require ABS issuers to disclose the process and findings of any review performed on the assets, as well as data about how the loans in the pool may differ from information in a prospectus. "This marks the third commission proposal to address the ABS issues that came to light during the financial crisis," SEC Chairman Mary Schapiro said. Shes goes on to say: "This proposal will require issuers to provide investors with better information about the loans backing the asset-backed securities." The regulator also wants issuers to provide information about loans that didn't meet disclosed underwriting criteria outlined in a prospectus, and about the entity that determined such loans should be included in the pool, despite not complying with disclosed underwriting standards. Public comments on the SEC proposal were submitted by November 15, 2010. ================================================== ARE YOU UPSIDE DOWN ON YOUR HOME? ARE YOU FACING FORECLOSURE? What if you could substantially reduce your existing mortgage debt balance in as little as 90 days with one simple application or even get a reduced mortgage principal settlement due to common errors found in 85 percent of mortgages? (This legal information and data supplied by the FDIC) 18 Million PLUS Homeowners Are Upside Down On Their Home's Value! Meaning they owe MORE than their house is worth. Get your lost equity back, reduce your mortgage balance and lower your payments. Remember: Don't get fooled by expensive computer audits or loan modifications which 90 percent (+) turn out to be scams or just don't work. Our service: NOT A LOAN MODIFICATION NOT A SHORT SALE SIMPLE APPLICATION CREDIT IS NOT AN ISSUE Did you know that lost notes, appraisal and mortgage fraud cause an estimated 95 percent of all mortgages to be legally problematic? Settle your note for pennies on the dollar. Cut Through All The Misinformation And Find Out What Really Works. Call Now For Your FREE MORTGAGE CHECK-UP 877-334-0210 or 314-334-0210 | Floyd Tapia www.LibertyLendingConsultants.com Home Foreclosure Hero The Rigley Group Or visit our principal reduction and loan reduction website for your FREE loan audit or consultation [1] where you can fill out the quick application. ================================================== Business Owners: Ready to get started? Our commercial loan and principal reduction applications are quick and easy. And we have the largest portfolio of private lending institutions and investor backed funding sources available where imperfect credit is NOT a problem. Click Here To Apply Online Today! [2] Or, for more information, visit RFP Commercial Lending and principal reduction services by clicking the banner below: [3] ================================================== Articles and News Sponsored by Liberty Lending Consultants When applying for any type of St Louis mortgage [4], call Liberty Lending Consultants, the recognized St Louis home loan [5] and refinancing experts, at 314-336-9111 and ask for Steve Swan or Doug Stahlschmidt. For business owners looking for small business loans and alternative financing that works including home owners who are credit challenged or upside down on their home loan, call Floyd Tapia, host of the St. Louis "Mortgage Minute" at 314-334-0210. As a principal reduction and commercial lending professional, I focus on bringing you innovative private lending solutions or provide a FREE loan audit to meet all types of financing needs. I have access to the largest portfolio of private lending institutions and investor backed funding sources available. Let me turn your challenges into closings by helping you get a nationwide or St Louis commercial lending and financing loan. [6] Sponsored by: [7] Check back daily for more financial news. Here is more information on SEC disclosures... [8] [1] http://loanreductionhero.com/agents.html?p=FT11&w=LP [2] http://floydtapia.realtyfundingpartners.com/loan/ [3] http://www.rfpcommerciallending.com/ [4] http://www.libertylendingconsultants.com [5] http://www.stlouisrefinancinggroup.com/st-louis-mortgage-news/st-louis-home-loan-report-says-foreclosures-more-profitable-than-loan-modifications [6] http://www.rfpcommerciallending.com [7] http://www.libertylendingconsultants.com/St_Louis_Home_Loan [8] http://www.youtube.com/watch?v=B5zaHAcIYws