Most economists are reluctant to say anything positive about this economic recovery. Homeowners by the thousands are falling farther and farther behind on their loan payments.

The record number of home defaults has definitely had a long-lasting negative impact on this housing market. It is surprising that certain St Louis home loan professionals still say a major rebound is on its way.

The Mortgage Bankers Association reported that over 10 percent of home loan consumers have missed…
http://www.worldfinanceinfo.com/st-louis-mortgage-crisis-affecting-economic-progress/

Most economists are reluctant to say anything positive about this economic recovery. Homeowners by the thousands are falling farther and farther behind on their loan payments. Although St Louis refinance experts are predicting improvements soon, the number of homeowners that are in default or at risk of…
http://inside-finance.com/st-louis-loans-and-mortgage-refinancing-economy-slowing-due-to-home-loan-mortgage-crisis