First Service Realty - GMAC Real Estate

PRESS RELEASE FOR HOMESTAY ADVANTAGE CAMPAIGN

FOR IMMEDIATE RELEASE: September 20, 2007

CONTACT: RAMB, Lynda Fernandez, 305-468-7040, Lynda@miamire.com Premium Service Financial, Denise Sosa, 786/718-2811, dsosa@psfgmac.com

New Mortgage Campaign Launched

Miami, FL – The REALTOR® Association of Greater Miami & the Beaches (RAMB), joined by Fannie Mae, announces the launch of the HomeStay Advantage™ campaign in South Florida. The campaign kickoff will feature the HomeStay Advantage program to promote “responsible lending” and educate real estate agents and loan originators on how to help potential home buyers identify the most appropriate affordable mortgage products. First Service Realty - GMAC and Premium Service Financial were the first to take advantage of this important new campaign and the opportunities for their clients and customers. Fannie Mae joined RAMB to launch the campaign so all its members will have the opportunity to take advantage of this exciting new initiative. On September 24th, RAMB members, brokers, agents and mortgage originators will receive intensive training on such loan products as Fannie Mae’s MyCommunity Mortgage®, Flexible 97® and 100™ and Expanded Approval®. These mortgage products can help more buyers qualify for a mortgage loan using flexible financing, at conventional rates, to meet a wide range of financial situations. The goal of the multifaceted campaign is to give real estate professionals a proactive voice in better educating their clients on how to avoid high-cost lending, while expanding affordable homeownership opportunities throughout South Florida. RAMB members and First Service Realty - GMAC agents are the first real estate professionals in South Florida to receive training for this new campaign. The outreach effort will also help real estate professionals develop relationships with responsible lenders that offer low-cost mortgage loans and are committed to helping home buyers get the best mortgage financing for which they qualify.

“Many of our clients are first-time home buyers, and far too many of them may be paying too much to realize their dream of owning a home in Miami-Dade County," said Eddie San Roman, President & Chairman, First Service Realty - GMAC. "Through the HomeStay Advantage Campaign, we will play a critical role in providing consumers with the information they need to make an informed mortgage choice.”

“We are pleased to bring this education to RAMB members,” said Moe Veissi, 2006 Regional Vice President, National Association of REALTORS®. “Many real estate professionals have been asking for guidance in the area of affordable mortgage financing, and we are pleased to team up with these partners to make this a reality.”

RAMB, joined by Fannie Mae, will kick-off the training effort with a workshop on September 24, 2007, at 9:30 a.m. The course will discuss market trends, changing demographics, and a wide range of financing options to help potential home buyers overcome the barriers to homeownership. Fannie Mae’s Manager for South Florida, Jose Gonzalez, will conduct the training.

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The Realtor Association of Greater Miami and the Beaches (RAMB) is an established leader among Realtor Associations across the nation and the world. With approximately 14,000 members, RAMB is the largest Realtor® Association in Miami-Dade County and one of the largest in the country. RAMB offers its members the maximum of service in the areas of Residential, Commercial and International Real Estate through its unique three Associations in-one structure, offering over 600 seminars and events annually.

First Service Realty - GMAC is one of Florida’s largest privately held real estate firms, with annual real estate sales for 2006 of $850 million. The company attributes its success to a consistent emphasis on integrity, service and experience. A family of full-service real estate and financial services companies, FSR’s 350 sales professionals helps clients buy and sell both residential and commercial real estate, and streamline the delivery of mortgages and title insurance throughout nine offices statewide. Founded by Eduardo San Roman G.R.I. in 1984, the firm has been dedicated to strengthening its position as an industry leader in client services, Realtor education and professional development.