The big news yesterday for Florida mortgages, which sparked a huge stock market rally was the release of details of the Treasury’s plan to get “toxic assets” off the books of lenders. The idea being that once these debts are sold off to private investors, banks will now have capital freed up which they can […]
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… and the beat goes on.
Complaints from Floridians about fraudulent mortgage schemes and questionable foreclosure-rescue services were the most common concerns reported to state regulators in 2008, according to a report released Monday by Florida Attorney General Bill McCollum.
Consumers filed 7,305 complaints related to mortgage and foreclosure schemes, followed by 5,103 complaints about debt-collection services, […]
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