TALLAHASSEE, Fla. – The Miami Herald reports on June 25, 2010, that after years of lax licensing requirements, all mortgage brokers in Florida – including those who may have just submitted an application – will have to reapply under more probing criteria later this year. No new applications under the current mortgage broker rules will […]
Monthly Archives: June 2010
28
Jun
Florida’s Insurance Commissioner Orders Companies to Cease and Desist the Unauthorized Sale of Health Insurance Products
TALLAHASSEE, Fla. – On June 24, 2010, Florida Insurance Commissioner Kevin McCarty announced that the Florida Office of Insurance Regulation (Office) has issued a Final Order to a dozen entities, including companies and their officers, for the unauthorized sale of health insurance products in Florida. The Office issued the Order after sending a previous Order […]
23
Jun
Florida’s Insurance Commissioner Issues Final Order to Infinity Surety for Unauthorized Sale of Insurance Products
TALLAHASSEE, Fla. – Insurance Commissioner Kevin McCarty announced the Florida Office of Insurance Regulation (Office) has issued a Final Order to Cease and Disist to Infinity Surety (Infinity) of Saginaw, Texas, and its president, George D. Black, for selling unauthorized surety insurance in Florida. This information was announced on June 17, 2010 on the Florida Office […]
16
Jun
THE PROPER DISPLAY OF FLORIDA REAL ESTATE APPRAISER
On Florida’s Department of Business and Professional Regulation’s website, in the Division of Real Estate the following information was given: Florida’s real estate appraisers are being reminded of Florida Statute and Florida Administrative Code (rule) requirements for the proper display of appraiser designations and license numbers. While there have been many recent changes to the […]
15
Jun
Florida’s Office of Financial Regulation’s BROWARD COUNTY INVESTIGATION UNCOVERS $2 MILLION MORTGAGE FRAUD SCHEME
It was announced by the Florida Office of Financial Regulation’s (OFR) Bureau of Financial Investigations uncovered a mortgage fraud scheme of more than $2 million. The alleged crimes were perpetrated by three straw buyers, Susana Marrero, Keith Walker, and Pricila Mercado; one Florida licensed attorney, Roland Cherasard; and a title agent, Leona Womack. All five […]
15
Jun
BROWARD TITLE LAWYER CHARGED IN MORTGAGE SCHEME
Florida’s Office of Financial Regualtion announced that attorney Peter N. Price, 49, of Hollywood, pled guilty to a criminal information charging him with making false statements to HUD, in violation of Title 18, United States Code, Section 1001. In addition, Price agreed to make restitution to Stewart Title Guaranty, the victim of his fraud, in the […]
10
Jun
FLORIDA OFFICE OF FINANCIAL REGULATION SHUTS DOWN MORTGAGE INDUSTRY LICENSING APPLICATION SYSTEM ON JULY 8, 2010
TALLAHASSEE, Fla. –It was announced on June 9, 2010 that on July 8, 2010, the Florida Office of Financial Regulation (OFR) will stop accepting applications for mortgage broker, mortgage brokerage business, mortgage lender and correspondent mortgage lender licenses, so that current applications can be processed before October 1. Beginning October 1, 2010, the State of Florida […]
9
Jun
Florida Real Estate License Information
The following information was obtained from the Florida Department of Business and Professional Regulation’s Website: Real Estate License Renewal Information All licensees must comply with post-licensing or continuing education requirements and pay necessary renewal fees to maintain your real estate license. This also applies to those licensees with a suspended license. In support of the […]
7
Jun
Florida’s Department of Health Investigative Services Unit or ISU
The ISU investigates complaints against health care practitioners and facilities/establishments which are regulated by the Florida Department of Health, and investigates complaints against individuals practicing without a health care license in the State of Florida. The Investigative Services Unit (ISU) functions as the investigative arm of the Florida Department of Health, a Division of Medical […]