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	<title>Miami Agent Magazine</title>
	<link>http://miamiagentmagazine.com</link>
	<description>For the well-informed real estate professional</description>
	<lastBuildDate>Wed, 08 Feb 2012 21:08:06 +0000</lastBuildDate>
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		<title>Opponents of Strategic Defaults Making their Move Legislatively</title>
		<description><![CDATA[Strategic defaults, a Chapter 11-esque move in which homeowners walk away from their property and stop paying their mortgage, are happening with increasing regularity in today&#8217;s housing market, and if current legislation is any indication, they are happening much to the chagrin of the financial sector.

According to a recent article by National Mortgage News, a House Financial Services subcommittee has recently begun review of a Federal Housing Administration (FHA) reform bill, and a number of trade groups are lobbying to add provisions to the bill that would discourage homeowners from strategically defaulting.
The ...]]></description>
		<link>http://miamiagentmagazine.com/opponents-of-strategic-defaults-making-their-move-legislatively/</link>
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		<title>Nelly Macias Joins Zilbert International Realty</title>
		<description><![CDATA[Nelly Macias is the newest member of the global luxury real estate brokerage, Zilbert International Realty team. Macias, who is a member of the National Association of Realtors, the  Florida Association of Realtors and the Miami Association of Realtors,  will be specializing in the sales and leasing of luxury condos and and  homes in Miami Beach as part of the company&#8217;s effort to expand services  throughout South Florida luxury communities.

She is fluent in English, French and Spanish, holds a bachelor&#8217;s in business administration from the University of Marseille ...]]></description>
		<link>http://miamiagentmagazine.com/nelly-macias-joins-zilbert-international-realty/</link>
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		<title>Consumer Rebound Continues in Fannie Survey</title>
		<description><![CDATA[Fannie Mae yesterday released its National Housing Survey for January 2012, delivering data that confirms a slowly accumulating rise in consumer confidence and expectations.
Doug Duncan, the vice president and chief economist at Fannie Mae, said recent employment numbers, which were far better than initially expected, contributed to the survey&#8217;s optimistic findings.
“Consumer sentiment has continued to rebound to the level witnessed around a year ago since hitting a setback last summer,&#8221; Duncan said. &#8220;The strengthening employment picture from Feb. 3 provides encouragement that the improving trend in consumer confidence will continue and ...]]></description>
		<link>http://miamiagentmagazine.com/consumer-rebound-continues-in-fannie-survey/</link>
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		<title>The &#8220;Two&#8221; Housing Bottoms are Upon Us</title>
		<description><![CDATA[&#8220;The housing bottom&#8221; is a term that gets thrown around quite often, normally in the context that once a bottom is reached, an inevitable (and long-awaited) housing recovery will quickly commence.
Over at Calculated Risk, the news is both positive and unorthodox – first, there are actually two housing bottoms, not one all-encompassing measure as is often reported; and second, both have indeed bottomed out and a recovery could be soon approaching.
&#8220;There have been some recent articles arguing the &#8216;housing bottom is nowhere in sight&#8217;,&#8221; wrote Bill McBride on the site. &#8220;That isn’t ...]]></description>
		<link>http://miamiagentmagazine.com/the-two-housing-bottoms-are-upon-us/</link>
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		<title>Huge 31 Percent Jump for Multifamily Originations in 2011 Q4</title>
		<description><![CDATA[The fourth quarter of 2011 was a productive period for multifamily originations, which increased by 31 percent year-over-year according to the latest research by the Mortgage Bankers Association (MBA).
Pooled with other loan offerings, including industrial property loans, retail loans and health care loans, the entire commercial/multifamily lending sector was also up by 13 percent year-over-year, due in no small part to the huge uptick in multifamily activity.
Jamie Woodwell, the MBA’s vice president of commercial real estate research, said there was considerable demand among GSEs for multifamily originations.
“In the fourth quarter, ...]]></description>
		<link>http://miamiagentmagazine.com/huge-31-percent-jump-for-multifamily-originations-in-2011-q4/</link>
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		<title>Obama Scorecard Provides Sweeping View of Housing, Finance</title>
		<description><![CDATA[The Obama White House released its latest Housing Scorecard yesterday, and the report provides a sweeping view of many of the various components of the housing market, from sales, to refinancing to inventories.
Developed and released by the Department of Housing and Urban Development, the scorecard is intended to track the progresses of the President&#8217;s various housing initiatives.
On the sales spectrum, existing-home sales were up in December, though new home sales were down.  Inventories, however, continued to improve, declining from 3.2 million in the second quarter to 2.4 million in the ...]]></description>
		<link>http://miamiagentmagazine.com/obama-scorecard-provides-sweeping-view-of-housing-finance/</link>
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		<title>Related ISG Presents The Future Look of Downtown Miami’s Real Estate Market</title>
		<description><![CDATA[Alongside the Women’s Council of Realtors, Related ISG principals Philip J. Spiegelman and Craig S. Studnicky presented the 2012 business resource meeting, which highlighted “Miami 2020: A Look At The Future of Downtown Miami.” 
RelatedISG is an integrated luxury real estate sales and marketing firm  representing properties throughout South Florida and Latin America.  Miami’s most recognized developer, The Related Group, and experts in  foreign sales, International Sales Group, combined to produce the widest  reaching and connected international network. Spiegelman and Studnicky   discussed this year’s outlook as ...]]></description>
		<link>http://miamiagentmagazine.com/related-isg-presents-the-future-look-of-downtown-miami%e2%80%99s-real-estate-market/</link>
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		<title>NAHB&#8217;s IMI Continues its Spectacular Growth</title>
		<description><![CDATA[The National Association of Home Builders/First American Improving Markets Index added 29 more metropolitan areas to its ever-expanding Improving Markets Index (IMI), a specially-crafted survey of the nation&#8217;s best-performing urban areas.
Now representing 36 states, the IMI has grown exponentially since its launch in September, with each release spotlighting more and more signs of an economic – and housing – recovery.
New entrants to the IMI included Boston, Detroit, Kansas City, Portland, Memphis, Salt Lake City and Miami, the latter city perhaps the most telling case of optimistic growth. Swamped with distressed homes, ...]]></description>
		<link>http://miamiagentmagazine.com/nahbs-imi-continues-its-spectacular-growth/</link>
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		<title>Fannie Mae Has Got the Short Sale Power</title>
		<description><![CDATA[The PMI Group, the embattled mortgage insurer, granted Fannie Mae mortgage servicers with short sale rights late last week, a measure that allows further access to the pre-foreclosure sales strategy.
Typically, a mortgage insurance company must approve short sales that occur with a guaranteed loan, but a HousingWire story reports that under PMI&#8217;s new rules, servicers can now complete short sales and deeds in lieu of foreclosure without its own, separate approval.
PMI is just the latest in mortgage insurers that have given Fannie such powers. Already, Genworth, MGIC, Republic Mortgage Insurance ...]]></description>
		<link>http://miamiagentmagazine.com/fannie-mae-has-got-the-short-sale-power/</link>
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		<title>Does Latest Fed Data Suggest Looser Underwriting?</title>
		<description><![CDATA[It&#8217;s no secret that underwriting standards at banks made an about-face following the market scares of 2008, and that some agents have experienced difficulties selling homes in the new lending environment.
A new development, though, would undoubtedly be the loosening of underwriting standards at those same banks, a break that many have pegged as the ultimate sign of a housing turnaround; and according to new data from the Federal Reserve, that reality may not be too far from the present day.
As written by Jessica Wilkie, a Realtor based in Washington, D.C., the latest ...]]></description>
		<link>http://miamiagentmagazine.com/does-latest-fed-data-suggest-looser-underwriting/</link>
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