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Friday, June 20, 2008

Some Very Good News for The Loan Market

Lenders Agree to Increase Anti-Foreclosure Efforts (Update1)

By Alison Vekshin
June 16 (Bloomberg) -- Citigroup Inc., Bank of America Corp. and other leading U.S. mortgage lenders agreed to expand efforts to help borrowers avert foreclosure as the Senate prepares to weigh legislation addressing the housing crisis.

Analyst paints rosy picture for S. Fla. real estate agents
CORAL GABLES, Fla. – June 16, 2008 – Home prices in South Florida “easily” could be 20 percent to 30 percent higher by 2013, the chief economist for the National Association of Realtors said Thursday.

New law allows landlords to charge liquidated damages
TALLAHASSEE, Fla. – June 16, 2008 – A Florida landlord can now charge liquidated damages or an early termination fee under a bill signed last week by Gov. Charlie Crist, even if the property is re-rented immediately. The bill is similar to one Crist vetoed last year.
Posted by Dover Int'l at 8:14 AM

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