St. Louis, Missouri STL
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Oldest neighborhood newspaper in St. Louis · Independent and all volunteer-run since 1970

Tag: Mortgage Lending

We have had another instance of a person seeking conventional financing for a home in our area and again coming up against a blank wall.
Recent reports indicate that St. Louis will be obtaining special federal funds because it is a city whose residents have fled the central city with unusual speed.
The problem of loans, mortgages and financing for city property has not changed since the last issue.
Plans and projects for improvements in parts of the 25th and 28th wards, comprising Region V of the Women for City Living were outlined at a meeting for local residents on October 12.
Recently my husband and I decided to buy a beautiful old home in the Skinker-DeBaliviere area.
Any readers of The Paper who have had similar problems in obtaining loans to purchase or repair property in the neighborhood, could help the current campaign for fair lending practices by sending their names and addresses, and the name of the lending institutions dealt with, to The Paper, 6008 Kingsbury, St. Louis, Mo.
A legal action of importance not only to Skinker-DeBaliviere residents but to residents of all areas threaened by urban blight has been filed in the Circuit Court of the City of St. Louis by seven individuals and firms that own property in our local community.
West End Town Houses Inc. is currently negotiating for substantial increases in capital, both in the form of additional investments and new mortgage money, according to John Roach, secretary of the corporation.
Almost all businesses attract a small minority of dishonest, or at least unprincipled, practitioners.

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