FLORIDA ASSOCIATION OF MORTGAGE BROKERS OFFERS CONSUMERS TIPS TO AVOID ABUSIVE LENDING PRACTICES
Tallahassee, FL – December 17, 2008 – Deciding to purchase a home is one of the most significant decisions that a consumer will ever make. It is crucial that the consumer work with a licensed mortgage broker, loan originator or other mortgage professional during the home buying process. While most mortgage industry professionals are honest and ethical, it is still important for consumers to be aware of the following tips as they prepare to enter the largest financial transaction of their lives. By becoming knowledgeable about the mortgage process, they can protect their financial investment and find a loan that will best serve their needs.
The Florida Association of Mortgage Brokers (FAMB) offers the following tips to avoid abusive lending practices during the home buying process:
Newly Proposed Constitutional Property Tax Amendment
Tallahassee FL, November 2007 - Senator Mike Fasano and his colleagues have returned to Tallahassee to prepare for the voters a newly proposed constitutional amendment pertaining to property taxes. This past September a circuit judge in Leon County tossed out the Florida Legislature’s previous joint resolution proposing an amendment to the Florida Constitution revising the manner in which property taxes are assessed in Florida. With this action undoing the work of a special legislative session held in June, the Florida Legislature was given a deadline of October 30, 2007 to revise the proposed amendment if consideration of that amendment is to be made available to voters for the January 29, 2008 presidential primary. The Legislature has now wrapped up its latest special session by offering a newly written constitutional amendment.