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Government Launches Sweeping New Loan Aid Effort

WASHINGTON – The government and the mortgage industry are launching the most sweeping effort yet to help troubled homeowners by speeding up the process for renegotiating hundreds of thousands of delinquent loans held by Fannie Mae and Freddie Mac. The Federal...

Amendment 3 Passes Without Recount in Florida

TALLAHASSEE, Fla. – An amendment creating property tax exemptions for residential hurricane-proofing and energy efficiency improvements is going into the Florida Constitution without a recount. The Elections Canvassing Commission headed by Gov. Charlie Crist...

Citigroup To Help Borrowers Not Yet Delinquent on Mortgages

ORLANDO, Fla. – Nov. 11, 2008 – Saying it will target borrowers in markets likely to face extreme economic distress and further declines in home prices, Citigroup, one of the nation’s largest banks, will expand its foreclosure prevention efforts to include borrowers...

Housing Market Shows Signs of a Rebound

ORLANDO, Fla. – Nov. 10, 2008 – Pending home sales slipped 4.6 percent nationwide in September from August but remained 1.6 percent higher than a year earlier, a sign that the battered housing market is “still in a broad period of stabilization,” the National...

Florida CFO Sink Launches ‘Florida Housing Help’ Web Site

TALLAHASSEE, Fla. – Nov. 10, 2008 – To provide immediate assistance to Florida homeowners searching for federal housing assistance, Chief Financial Officer Alex Sink and her Financial Action Team (FACT Team) announced the launch of “Florida Housing Help,” a new Web...