Florida State Government and Public Real Estate News

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Attorney General Pam Bondi today announced a $470 million joint state-federal settlement with HSBC to address mortgage origination, servicing and foreclosure abuses. The settlement with the mortgage lender and servicer provides direct payments to Florida borrowers for past foreclosure abuses and requires the company to provide loan modifications and other consumer relief.
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The University of Florida’s Institute of Food and Agricultural Sciences (UF/IFAS) Extension in Lake County is offering two educational horticulture classes in February.
The U.S. House today passed an amendment introduced by Rep. Vern Buchanan (R-FL) that will tighten income and asset verification requirements for public housing after an audit revealed that 25,000 families earned too much to qualify for these subsidies.
What will Florida’s real estate markets look like in the coming year? That was the question on the minds of a standing-room-only crowd of about 400 Realtors® at the 2016 Florida Real Estate Trends event last week during Florida Realtors® Mid-Winter Business Meetings
Lawmakers from Florida in both the U.S. House and Senate today introduced legislation, co-sponsored by Congressman Curt Clawson (FL-19), to expedite all Everglades-restoration projects that the Army Corps of Engineers deems ready to begin. The leaders of the Everglades Caucus took the Everglades for the Next Generation Act to the floors of both Congressional chambers.
The U.S. House is expected to vote today on Rep. Vern Buchanan’s (R-FL) amendment to tighten income and asset verification requirements for public housing after an audit revealed that 25,000 families earned too much to qualify for these subsidies. The amendment is to H.R. 3700, the Housing Opportunity Through Modernization Act.
The Financial Crimes Enforcement Network (FinCEN) today issued Geographic Targeting Orders (GTO) that will temporarily require certain U.S. title insurance companies to identify the natural persons behind companies used to pay “all cash” for high-end residential real estate in the Borough of Manhattan in New York City, New York, and Miami-Dade County, Florida. FinCEN is concerned that all-cash purchases – i.e., those without bank financing – may be conducted by individuals attempting to hide their assets and identity by purch
Westwood Financial Corp. (WFC), one of the largest privately held owner-operators of grocery-anchored retail properties in the United States, announced today its acquisition of the Shoppes at Milestone, a fully-leased shopping center located in an emerging neighborhood of Pensacola, Florida at 2144-2176 West Nine Mile Road
Congressman Steve Pearce issued the following statement after the House passed H.R. 3700, the Housing Opportunity Through Modernization Act of 2016
Lake County’s Building Services Division is hosting the “Swimming Pools and the Florida Building Code” workshop on Tuesday, Feb. 23 at 8:30 a.m. at the Lake County Extension Center, 1951 Woodlea Road, Tavares.
The University of Florida’s Institute of Food and Agricultural Sciences (UF/IFAS) Extension in Lake County is offering classes in Tavares, Leesburg and Lady Lake to help snowbirds learn tips and tricks for closing their seasonal homes.
Following the landmark ruling today on America's clean energy future by the U.S. Supreme Court, U.S. Rep. Kathy Castor filed a bipartisan jobs and energy bill to spur investment and research in widespread distributed energy technology, such as rooftop solar. Often the cheapest, most reliable and efficient energy source, distributed energy creates electricity at or near the customer, as opposed to centralized generation at large power plants that often requires electricity to be transmitted long distances to consumers.
Rainbow Housing Assistance Corporation (Rainbow), a nonprofit organization that provides service-enriched housing programs for residents of rental housing communities throughout the country, was honored at the recent Novogradac 2016 Tax Credit Housing Developers Conference in Miami Beach, Florida, alongside The Reliant Group during the 2016 Developments of Distinction Awards ceremony for their exceptional achievement in affordable housing development
On Wednesday, February 10th, HOPE NOW, City of Tampa’s, Housing and Community Development Division, Housing & Education Alliance, CDC of Tampa Inc., Tampa Bay CDC and Neighborhood Home Solutions will host a foreclosure workshop to help homeowners in need of services that will help with home retention
Miami – January 25, 2015 – (RealEstateRama) — Foreign real estate buyers continue to strengthen the Miami and South Florida real estate market, accounting for 36 percent or $6.1 billion of total sales volume, according to the 2015 Profile of International Home Buyers in Miami Association of Realtors Business Areas, conducted by the 41,000-member MIAMI Association of REALTORS® [...]
Lotus on Orange in Sarasota, Fla., has been selected as the South Atlantic regional winner of the 2015 Best in American Living Awards (BALA) by the National Association of Home Builders (NAHB)
U.S. Sen. Bill Nelson (D-FL) today asked the federal government to look into Florida’s handling of the $1 billion Hardest Hit mortgage assistance program, and provide guidance as needed. Nelson made the request in a letter sent today to Treasury Secretary Jack Lew. His request comes on the heels of a recent report by the Tampa Bay Times finding that tens of thousands of Florida homeowners seeking assistance through the program are still waiting for help.
U.S. Senator Marco Rubio (R-FL) today issued the following statement regarding allegations of lead poisoning at the Eureka Garden HUD housing complex in Jacksonville, FL
Attorney General Pam Bondi Announces New Procedures Banks Must Follow to Help Distressed Homeowners Seeking Relief Under National Mortgage Settlement

~The Banks Are Implementing New Procedures to Reduce Loan Modification Delays, Improve Communication with Borrowers, and Avoid Multiple Requests for Documents~

TALLAHASSEE, FL – October 2, 2013 – (RealEstateRama) — Attorney General Pam Bondi, along with her colleagues on the National Mortgage Settlement Monitoring Committee, today announced that Bank of America and Wells Fargo have agreed to implement new procedures designed to address possible violations of the national mortgage servicing settlement. These improvements come in response to concerns expressed by Attorney General Pam Bondi earlier this year, which were based upon complaints from distressed borrowers, housing counselors, legal aid groups, and foreclosure defense lawyers that the banks were falling short of meeting the servicing standard requirements set forth in the National Mortgage Servicing Settlement. Traffic School for Florida more »

 
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