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Who will push Orlando out of Recession?
19 March 09 07:24 AM | Lee Rosa | (Comments Off)   
Calling expired listings daily allows my business to take an inside track on the in's and out's of our Central Florida Real Estate Market. A few days ago, I read an article that mirrored my notes from calling: A drop in driver's license applications Read More...
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Loan Modification "The Low Down"
06 March 09 11:36 AM | Lee Rosa | (Comments Off)   
The basic guidelines for MODIFICATIONS at this point: Eligibility and Verification: 1. Loans originated on or before January 1, 2009. 2. First-lien loans on owner-occupied properties with unpaid principal balance up to $729,750. Higher limits allowed Read More...
Buying Central Florida Real Estate Tomorrow?
12 February 09 07:39 PM | Lee Rosa | (Comments Off)   
Anyone considering: purchasing your 1st Home | Moving Up | Selling ... Tomorrow is a big day as the $789 billion economic stimulus package goes to a vote ... This time the "proposal to provide a $15,000 tax credit to homebuyers" was removed, Read More...
Rates are as low as they were in 1971...
18 December 08 02:57 PM | Lee Rosa | (Comments Off)   
From the: Thursday, December 18, 2008, 1:23pm EST Mortgage rates fall to 37-year low View Larger Thirty-year fixed-rate mortgages interest rates fell to their lowest level on record, according to Freddie Mac ’s Primary Mortgage Market survey released Read More...
The Rise of the Black Market
16 December 08 03:22 PM | Lee Rosa | (Comments Off)   
As Always - When I find an article I will post it ... just for you ... my readers! Source: http://www.newsweek.com/id/173398 Discount retailer Forever 21 announced earlier this fall that the account details for 98,930 credit and debit cards had been stolen. Read More...
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Ben Bernanke's Speech
04 December 08 06:15 PM | Lee Rosa | (Comments Off)   
The Future of Mortgage Finance in the United States I appreciate the opportunity to speak at this symposium. My remarks will focus on the mortgage securitization process, how it has been affected by the financial crisis, and how it may evolve in response Read More...
How to become "Recession Proof"
15 October 08 07:47 AM | Lee Rosa | (Comments Off)   
Assess your cash flow . How much income is coming in? How much is going out? If you're not in the "black" (spending less money than you earn), you'll need to reprioritize some expenses and/or find a way to bring in extra income each Read More...
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Wells Fargo "Renovation" Home Loan
28 July 08 12:01 PM | Lee Rosa | (Comments Off)   
Wells Fargo Streamline 203(K) Puts Buyers In More Homes, More Quickly Have home you are considering that is in need of a few repairs? A purchase a loan that covers the improvements sounds like the right way for you But you know how time-consuming and Read More...
State of the Housing Market (Harvard Report)
26 June 08 08:08 AM | Lee Rosa | (Comments Off)   
The report has a several key findings including: • Market Declines are Steep and Accelerating • Foreclosures • Homeownership Cycles • New Construction • Demographic Drivers • Rental Housing • Challenges • Income Read More...
That Fannie Mae
20 June 08 09:51 PM | Lee Rosa | (Comments Off)   
Free Orlando Home Search - click here Get the Zipskinny - click here My New Homebuyer Book - Get it Here NEW YORK (CNNMoney.com) — Mortgage financer Fannie Mae warned Tuesday that the tumbling home values and loan defaults that have crippled the Read More...
Interest Rates On Their Way Up?
16 June 08 02:51 PM | Lee Rosa | (Comments Off)   
June 12, 2008 Are you considering buying a home ? Read this Article - Printed in Last weeks USA TODAY Rates on 30-year mortgages jumped to the highest level in nearly eight months, reflecting increased concerns about what the Federal Reserve might do Read More...
This Proposal will Help Stabilize the Housing Market!!!
12 June 08 10:03 AM | Lee Rosa | (Comments Off)   
BUSH ADMINISTRATION RENEWS EFFORT TO ADDRESS RISKY LOANS ON GOVERNMENT-BACKED MORTGAGES Proposal would help stabilize housing market, protect FHA's financial solvency, and reduce foreclosures WASHINGTON- The Bush Administration today renewed its efforts Read More...