Team Sumberg has clients, customers, friends and in some cases family who are struggling to keep their homes. It seems that every day we hear a new program announced by the government or a change to an existing program. With a growing number of government websites it’s difficult to know where to go for information [...]
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Hot Property Historic Alafia River – 2.5 acres with 450 feet of beautiful riverfront. Just minutes from FishHawk and no HOA!!450 feet of ALAFIA RIVER at it's finest For Sale $249,900 
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FHFA Sends GSE Housing Goals to Federal Register Proposed Rule Adjusts Certain Goals for Market Conditions; Provides Credit for Loan Modifications WASHINGTON-The Federal Housing Finance Agency (FHFA) yesterday sent a proposed rule establishing 2009 housing goals for Fannie Mae and Freddie Mac to the Federal Register for publication. Loan modifications undertaken by the [...] FANNIE MAE AND FREDDIE MAC HELPING MORE HOMEOWNERS; LOAN MODIFICATIONS INCREASING Washington, DC – Fannie Mae and Freddie Mac modified nearly 24,000 loans during the fourth quarter of 2008, an increase of 76 percent over the third quarter. The modifications, along with the suspension of foreclosures that began November 26, reduced the number of foreclosures [...] If you are considering some of the Government programs available to help you avoid foreclosure, you will need to know who own’s your mortgage. Here is a link from Freddie Mac where you can find out if they do. https://ww3.freddiemac.com/corporate/ Contact Team Sumberg for Tampa Bay Real Estate. info@TeamSumberg.com FHFA DIRECTOR JAMES B. LOCKHART STATEMENT ON “MAKING HOME AFFORDABLE” PROGRAM “FHFA was pleased to work with the White House, the Treasury Department, the Department of Housing and Urban Development, other regulators, and Fannie Mae and Freddie Mac in the development of the ‘Making Home Affordable’ loan modification program that Treasury announced today. This program [...] November monthly Foreclosure Prevention Report which provides comprehensive monthly data on the loss mitigation efforts of Fannie Mae and Freddie Mac as well as information on delinquencies, foreclosures initiated and foreclosures completed is highlighted below. Because these programs really only began to operate late in the year, we expect to see increasingly better [...] Rates on 30-year mortgages set a record for a fifth straight week by dropping to below 5 percent, the lowest mark since Freddie Mac started tracking the data in 1971. Mortgage rates have been dropping since late November, when the Federal Reserve said it was going to pump money into the banking system by buying [...] The National Association of Home Builders (NAHB) launched an all-out effort less than 24 hours after members of the 111th Congress were sworn into office to make housing a centerpiece of the massive economic stimulus package that lawmakers are expected to complete by mid-February. Builders from across the country converged on Capitol Hill yesterday to meet [...] Many of you know my data processing background and are aware that I have been closely tracking Tampa Bay market price changes since late 2005. I’m excited to say that we have 2000 fewer homes on the market this week than we did exactly one year ago. We are also seeing serious “pricing to sell” [...] WASHINGTON – Nov. 17, 2008 – Freddie Mac is asking for an initial injection of $13.8 billion in government aid after posting a massive quarterly loss. The mortgage finance company is making the first request to tap the $200 billion promised by the Treasury Department to keep it and sibling company Fannie Mae afloat after [...] |
Featured PropertyHistoric Alafia River – 2.5 acres with 450 feet of beautiful riverfront. Just minutes from FishHawk and no HOA!!450 feet of ALAFIA RIVER at it's finest For Sale $249,900 |
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