Articles Tagged with ''Florida''

Appeals court revives class-action suit against Nationstar for redundant flood insurance

Reverse mortgage borrower alleges "improper" insurance cost her thousands
A federal appeals court in Florida overturned a previous ruling last week that will mean Nationstar will now have to face allegations from a reverse mortgage borrower that it violated Florida law by charging homeowners for unnecessary flood insurance. The ruling could unleash a wave of trouble for the servicer, who now must face the possibility that the class-action suit will bring other such stories to light.
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PulteGroup accused of hiding shoddy homebuilding from buyers

Settles with Florida for allegedly building homes that were not to code
PulteGroup and its subsidiary, Pulte Home Company, allegedly built homes in the state of Florida that were not to code and hid that information from homebuyers, according to the office of Florida Attorney General Pam Bondi. Bondi’s office said that it reached a settlement with the Pulte companies after a two-year investigation found that Pulte allegedly failed to disclose to certain Florida buyers that some of its homes were being built in violation of applicable building codes.
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Florida goes after 14 moving companies for allegedly holding people’s furniture hostage

Movers allegedly promised low prices, then demanded more money once move began
Florida Attorney General Pam Bondi announced last week that her office is taking legal action against more than a dozen moving companies for allegedly using deceptive marketing and sales of household moving services, while also holding people’s belongings “hostage for ransom.”
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HousingJobs: Why the job market for loan officers is promising

The numbers show a rewarding career as a LO
Job hunting can be frustrating. At HousingWire, we want to make the process easier for job seekers in the industry. Our new service, HousingJobs, lists the latest gigs in the housing industry for loan officers, underwriters, processors, loan servicers, and tech and marketing pros. Check out this monthly blog for the latest job postings along with some industry insight.
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Trammell Crow Residential returning to South Florida after years away

First new multifamily development since last real estate cycle
Trammell Crow Residential, a national multifamily real estate developer, is returning to the South Florida market with a new development after shying away from the market for many years. According to the company, the new development is the company’s first in the area since the housing crisis.
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HUD approves Florida's $616M hurricane recovery action plan

Plan targets housing, infrastructure and economic development recovery
The U.S. Department of Housing and Urban Development announced Thursday that Secretary Ben Carson approved a disaster recovery plan to help Floridians recover from Hurricane Irma. The $616 million will help communities build new affordable housing and replace homes lost to the storm, according to Governor Rick Scott.
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Florida homebuilder Park Square Homes partners with FBC Mortgage to launch mortgage firm

PSH Mortgage will offer mortgages to Park Square homebuyers
For at least the third time in as many months, a homebuilder is partnering with a mortgage company to offer mortgage lending services to homebuyers. Florida’s Park Square Homes announced Monday that it is forming a joint venture with FBC Mortgage to provide mortgages to Park Square’s buyers.
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