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mortgage brokers

Don Saxon, chief regulator overseeing Florida’s licensed mortgage brokers, resigned at yesterday’s meeting of Florida’s Cabinet. Saxon resigned rather than try to defend his job after a surprising move by Governor Charlie Crist supporting a motion to fire Saxon. Saxon has come under heavy fire for failing to protect Florida homeowners from convicted felons working […]

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The last part of the Miami Herald exposé has run, and the findings are damning.  Not only did Florida’s Office of Financial Regulation fail to keep felons from entering the mortgage brokering industry, but once they were in and began stealing money from homeowners, the OFR didn’t pull their licenses. Complaints to the Office of […]

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In the wake of last week’s Miami Herald investigation on this state’s willingness to let convicted fraudsters work as mortgage brokers, the state’s top mortgage lending regulator Don Saxon meets today with the Governor’s Cabinet who will consider, among other things, whether Saxon should keep his job. State Chief Financial Officer Alex Sink last week […]

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After the recent Miami Herald exposé on Florida’s mortgage broker industry, you’re probably wondering how in the world you can find a mortgage broker who won’t rob you blind. I’ve put together a list of steps that any prospective borrower can take that will be highly effective in weeding out the con artists and the […]

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Willie Sutton, one of the FBI’s most-wanted bank robbers back in the 30’s, once answered the question of why he robbed banks by saying, “That’s where the money is.” Over the last several years in this state, as home prices surged and the family home became the single largest asset most Florida families owned, more […]

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Want to know more? Contact us at Ricardo & Wasylik, PL.