The days of simply opening up and starting a loan modification business have come to an end in Florida. Individuals or businesses providing loan modification services must now be licensed as a mortgage broker by the Florida Office of Financial Regulation (OFR) in order to conduct business. The Florida Legislature recently passed Senate Bill SB 2226. […]
Monthly Archives: April 2010
7
Apr
Orlando Loan Modification Company & its Principal Served with Order to Cease and Desist
TALLAHASSEE, Fla (March 25, 2010) – The Florida Office of Financial Regulation (OFR) issued and served an Order to Cease and Desist all loan modification services to The Loan Critics, LLC at 1737 Sunset View Circle, Apopka, Florida 32703, and James Palmer. The orders charged that the company is acting in violation of Florida laws […]
1
Apr
Becoming a Florida Certified Residential Appraiser
The candidate must complete 200 classroom hours of board-approved courses covering the topics required by the FREAB in subjects related to real estate appraisal. This must include 15 hours of the Uniform Standards of Professional Appraisal Practice(USPAP). Past courses may be approved by the board and could be substituted on an-hour-for-hour basis. You must provide […]