The DeLeva Group

In the last 6 months the mortgage and real estate industry that I have been a part of for nearly 25 years has experienced some very dramatic and unprecedented changes. I am writing to you today to share with you my outlook and thoughts about these markets and how they effect all of us, including our families and friends. I also want to assure you that professionals like me and those of us that engaged in good business and refused to be part of the sub prime market will be here long after the negative effects of the sub prime market have subsided.

It is important that you know that you still have a reliable and credible source of mortgage expertise and funding available to meet your future mortgage and real estate needs. The DeLeva Group remains ready and able to bring applicable and creative solutions to the table to serve any of your current or future financial needs. Do not believe for a moment that all mortgage bankers are the same, the good news...most of the bad ones are gone.

We will continue to see a soft housing market along with historically low interest rates for at least the next 12 months. We will also continue to see a rise in foreclosures with the hope that a peak will be realized by years end. I am confident that the northeast Ohio area, while considered the epicenter of the foreclosure crisis, will recover most likely sooner than many other areas of the nation also hard hit by the sub prime mortgage fallout. Our attention in the coming months should be focused on improving our job security by increasing the value that we bring to our respective places of employment; we should also look to reduce our discretionary spending while increasing our individual rate of savings. Don't be the proverbial deer looking into head lights...prepare.

Finally, if you have any financial or real estate challenges regardless of how small or large they may be, please don't hesitate to call me, I can't promise a solution but I can promise a competent and earnest attempt to help.

Sincerely,

John DeLeva

"Your Personal Lender for Life"

14600 Detroit Road
Lakewood, OH 44107
PH: 216-228-5626 x14
FAX: 216-228-9186

Email: jdeleva@ammcorp.net