MORTGAGE INDUSTRYThe Bush administration proposed a sweeping overhaul of the way the government regulates the nation's financial services industry, from banks and securities firms to mortgage brokers and insurance companies. Under the plan, the Federal Reserve would have broad authority to overse
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03/31/2008
MORTGAGE RATESRates on 30-year mortgages edged down slightly this week to 5.85 percent, although rates on other types of mortgages rose.Read the full story:http://click.email.floridarealtors.org/?ju=fe621d707667067d7211&ls=fdfa1570756c037e70167573&m=feff1070756103&l=fecc177274660379&s=fe251575726
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03/28/2008
March 27, 2008 - Many qualified taxpayers are preparing to claim their first-ever tax deduction for mortgage insurance premiums on home loans that closed in 2007.The tax deduction was first approved by Congress in late 2006 and applied to loans with mortgage insurance that closed in 2007. In an i
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03/27/2008
The Commerce Department reported Wednesday that new home sales dropped 1.8 percent last month to a seasonally adjusted annual rate of 590,000 units.Read the full story:http://click.email.floridarealtors.org/?ju=fe451c797c60027a731d&ls=fdfa1570756c037e70167573&m=feff1070756103&l=fecc177274660379&s
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03/26/2008
2008 FLORIDA LEGISLATUREThe tax cut that voters will be asked to approve in November will do more than save property owners money. It will force lawmakers to do what they have refused to do for nearly 70 years: modernize sales-tax rules.Read the full story:http://click.email.floridarealtors.org/?
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03/20/2008
HOMEOWNERSHIPGov. Charlie Crist's Florida HOPE Task Force will meet March 19 in Tallahassee, where 2007 FAR President Nancy Riley and other task force members will accept public comments on Florida's foreclosure rate, and its impact on the state's economy. The group's goal is to "provide real sol
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03/14/2008
HOMEOWNERSHIPGov. Charlie Crist's Florida HOPE Task Force will meet March 19 in Tallahassee, where 2007 FAR President Nancy Riley and other task force members will accept public comments on Florida's foreclosure rate, and its impact on the state's economy. The group's goal is to "provide real sol
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03/14/2008
FORECLOSURESNearly 60 percent more U.S. homes faced foreclosure in February than in the same month last year, with Nevada, California and Florida showing the highest rates. In Florida, 32,447 homes reported at least one filing, up more than 69 percent from February 2007 and up more than 7 percent
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03/13/2008
FORECLOSURESNearly 60 percent more U.S. homes faced foreclosure in February than in the same month last year, with Nevada, California and Florida showing the highest rates. In Florida, 32,447 homes reported at least one filing, up more than 69 percent from February 2007 and up more than 7 percent
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03/13/2008
MORTGAGESAs mortgage defaults rise, many lenders are adjusting their standards by raising minimum credit scores, offering smaller loans and requiring detailed proof of income and assets. But for borrowers who do meet the tightened criteria, the Fed's plan to provide $200 billion to the financial
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03/12/2008
