Homeowner beware ! Make sure your mortgage modifier is licensed
South Florida Sun-Sentinel.com
More than 16,100 mortgage modification complaints filed in past six months
Mortgage modifiers must be licensed under new Florida law
State regulators cracking down, with 83 active investigations
Originally published By Diane C. Lade
South Florida Sun Sentinel
6:38 PM EDT, August 26, 2009
Hundreds of people calling themselves “foreclosure rescue specialists,” promising to quickly cut through red tape and reduce mortgage payments, have taken millions of dollars from South Florida homeowners over the past year for their services.
But unlike mortgage brokers or real-estate agents, mortgage modifiers are not required to have any special training or even a license — something many consumers don’t know.
Florida Senate passes insurance bill
Premiums could rise
Florida Senate passes insurance bill
Bill aims to reduce homeowner storm risk
By Julie Patel
South Florida Sun Sentinel
8:53 PM EDT, April 28, 2009
The Florida Senate passed a broad property insurance bill Tuesday that is expected to boost most statewide home and condominium insurance rates and reduce Floridians’ risk of paying damages if a major hurricane hits.
There are several major differences in the legislation passed by the Senate and earlier by the House, including by how much to increase state-backed Citizens Property Insurance rates. They have to hammer out a compromise before Gov. Charlie Crist considers signing it into law.