Category Archives: Florida

California’s Simple Foreclosure Process

What’s the friction in doing a deal? How complicated and messy can it get? Or will it be smooth? Compared to Florida, California has a smooth way of handling foreclosures. That’s why California’s housing market is doing better than Florida’s. … Continue reading

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Florida’s Mortgage Regulator Resigns

From The head of Florida‘s Office of Financial Regulation (OFR), Commissioner Don Saxon, announced his resignation this week, amid allegations that he and his agency licensed thousands of mortgage brokers with felony convictions, including racketeering and money-laundering. Saxon put … Continue reading

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The Bank Promised Easy Loans

From today’s New York Times: Florida has been hit especially hard by the housing slump, and so has Bank United. Since last September, the bank’s share price has plunged 93 percent, twice as much as the Standard & Poor’s 500 … Continue reading

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