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Short Sales in Central Florida
09 January 09 02:16 PM | Lee Rosa | (Comments Off)   
Did you know? From January 2004 - January 2006 - 27% of homes purchased had less than 5% as a down payment… 19% with 0% down! 31% of all mortgages issued were to consumers that utilized some sort of alternative lending program. Benefits of Short Read More...
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...
Great Article on Reverse Mortgages ...
03 November 08 12:43 PM | Lee Rosa | (Comments Off)   
This is from an interesting article I read in Kiplinger Magazine ... Reverse Mortgages Get Better New rules allow seniors to borrow more and even buy a new home. By Mary Beth Franklin , Senior Editor, Kiplinger's Personal Finance October 29, 2008 Read More...
Financial News From Tally
24 September 08 09:30 AM | Lee Rosa | (Comments Off)   
I am pleased to report that the Florida Department of Revenue has concurred in FAR’s (Florida Association of Realtors) request for a Technical Assistance Advisement on application of documentary stamp tax to “short sales.” Specifically, 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...