St Louis Mortgage and Real Estate News –
St Louis Finance Lending and In-House Financing News: New York Mortgage Probe
St Louis Home Mortgage, Customer Financing and Commercial Loans | Principal Reduction Program | 877-334-0210 or 314-334-0210 | Floyd Tapia, Commercial Lending and Loan Reduction
New York’s attorney general is investigating three Wall Street banks for their roles in the mortgage crisis that led to the downfall of the economy.
Attorney General Eric Schneiderman has requested meetings with staffers from Bank of America, Morgan Stanley and Goldman Sachs.
These and other Wall Street banks have been blamed by lawmakers and the public for exasperating the recession through their backing of risky home loans, and then bundling those loans into mortgage funds that were traded on the
markets.
For example, during a congressional hearing in 2010, lawmakers lambasted Goldman CEO Lloyd Blankfein for his firm’s practice of buying parts of risky mortgages and then placing bets against those same mortgages.
Prosecutors have ramped up pressure against Wall Street finance companies to bring them to task for the roles they allegedly played in causing the economy to implode through a series of risky investments and over-leveraging.
Federal prosecutors sued Deutsche Bank on May 3rd, claiming that its MortgageIT unit made tens of thousands of
bad loans and then fooled the Federal Housing Authority into insuring them.
The government says that the scheme stuck taxpayers with having to pay hundreds of millions of dollars. Deutsche Bank could face claims of at least $1 billion.
We appreciate your visit… how about liking us on Facebook for this St Louis mortgage and customer finance article?
scrolling="no" frameborder="0"
style="border:none; width:450px; height:80px">
=============================================
Articles and Sponsors
Business Owners and Medical Groups: You can now offer customer financing and consumer finance programs to your customers and patients. We are the lender and have approximately $2.7 Billion dollars to loan. Best of all, there is NO risk, NO recourse and NO new equipment to lease for your and your company or medical group. Once your customer is approved, your money is in your bank account within 48 to 72 hours. Turn your credit declines into cash by calling Floyd Tapia at (314) 627-5729.
In addition, if you need commercial financing or a merchant account company that will save you money, Floyd Tapia and his lending and new business resources team can focus on bringing you innovative private lending solutions and financial services to meet all types of financing needs. Let us turn your challenges into closings (or from being underwater equity wise) and help you get a St Louis commercial lending, mortgage or financing loan.
Check back daily for more financial news.
============================================
St Louis Beauty Supply and Avon – Kristin Tapia
In-House Financing, Consumer Lending and Customer Financing
To “read” the boxy black-and-white bar code above, you’ll need a smartphone. If you need a reader APP, you can => Download a QR code APP reader here for your smartphone.