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FHA Likely To Be The Next Shoe To Drop

"The FHA's aggressive lending programs have continued throughout the housing downturn, causing its market share of the mortgage industry to grow from 2% in 2005 to 23% today. ... The FHA insurance fund, however, is likely running dry. ... Read On

Editorial: Foreclosure crisis needs action now

The desperately slow rate of loan modifications and the growing number of mortgage delinquencies are testing struggling homeowners' confidence in any hope of resolution. As such, homeowners need to be alert, proactive and make tough decisions. Lenders need to make it simpler for homeowners to work with them. Read On:

Washington Post July 11 2009

Bank of America: Still, the short-sale process is notoriously slow and cumbersome. Unlike normal sales, the seller's lender must approve the deal and is often suspicious of lowball offers, potentially dragging out the process for months. About 60 percent of approved short sales do not ultimately close, largely because buyers walk away from the deals, according to Bank of America.

Snap Shot Orlando Real Estate

Housing Market for Orlando click here

First Time Home Buyer Tax Credit Explained

Video Interview: Tax Economist Answers Questions About the Home Buyer Credit Rob Dietz, Ph.D., director of tax issues for the National Association of Home Builders, discusses the $8,000 first-time home buyer tax credit in this videotaped interview.Click Here

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