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Slow but steady grows the Florida economy

Posted by mortgage 6 days ago (Editorial)
The recession and the subprime mortgage crisis hit Florida with hurricane force, leaving a wake of home foreclosures and more than 10 percent unemployment at its peak. Four years later, the state still works hard to build back its economic strength.
Wells Fargo & Company , one of America?s leading community banks and the nation?s largest home mortgage lender, today announced that the NeighborhoodLIFTSM program, a major effort to help stabilize neighborhoods deeply affected by the foreclosure crisis, is coming to Florida.
South Florida?s Mortgage Loan Originator, Matt Weaver with WCS Lending, LLC has been named as the preferred mortgage lender for ReMax power team Matt Durbin and Mike Benton. After
Investing in Florida commercial real estate can be a little bit tricky. It does not only face a lot of competition and property options, finding the right mortgage lender in the state can be quite difficult too.
JACKSONVILLE, Florida (Reuters) - Republicans presidential candidates have taken a hands-off policy on the U.S. housing crisis. At a debate on Thursday in Florida, it devolved into finger pointing. A question about the government's involvement in the mortgage market prompted a fierce exchange between front-runners Mitt Romney and Newt Gingrich about who had closer ties to the troubled housing

O.J. Simpson faces foreclosure on Florida home

Posted by mortgage 124 days ago (Editorial)
As if being in prison wasn't bad enough. O.J. Simpson's life has taken another sour turn: He's now facing foreclosure on his Kendall, Fla. home.
Consumer and minority groups are applauding an agreement for mortgage lender Countrywide to pay $335 million to settle charges it discriminated against blacks and Latinos during the housing boom.More than 200,00 African-American and Hispanic borrowers could benefit from Countrywide payouts nationwide. They include thousands in South Florida, an area dominated by minorities where the company was .
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) is hosting a free Home Preservation Workshop in Fort Lauderdale for Wells Fargo Home Mortgage, Wells Fargo Financial, Wachovia Mortgage and Wells Fargo Home Equity customers facing financial hardships. Wells Fargo has invited more than 15,000 South Florida mortgage customers to the workshop that will be held on Wednesday ..

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