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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...
How to Sell in THIS Market
03 December 08 12:45 PM | Lee Rosa | (Comments Off)   
Believe me I understand that getting a home sold in today's market is a tough racket. Our neighborhoods are flooded with foreclosed and pre-foreclosure (short sales) homes that are heavily discounted. There are nearly 3,200 repossessed homes on the Read More...
HOUSING RESCUE BILL EFFECTIVE OCTOBER 1, 2008
06 October 08 02:05 PM | Lee Rosa | (Comments Off)   
WHO IS ELIGIBLE FOR THE NEW RESCUE BILL PROGRAM? The US Senate passed a $300 billion housing Rescue Bill aimed at helping troubled homeowners avoid foreclosure and supporting mortgage giants Fannie Mae and Freddie Mac. President Bush signed the bill into Read More...
Qualities of a Great Real Estate Agent
03 September 08 09:01 AM | Lee Rosa | (Comments Off)   
Matching Your Needs with an Agent is Vital. There are great real estate agents and terrible real estate agents. the best real estate agents are truly stellar. The worst agents? Well, let's just say that if you wind up with a terrible real estate agent 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...
FHA and Mortgage Insurance
02 June 08 01:24 PM | Lee Rosa | (Comments Off)   
The FHA today issued final guidance that will permit its flagship mortgage insurance program to assist more homeowners who are struggling to keep up with their high-cost subprime adjustable rate mortgages. To ensure taxpayers do not assume the cost of Read More...