Mortgage Lenders News

Thousands of Florida mortgages could be at risk because of insurance abuse

If you live in a high-risk flood area, you may end up spending several thousand dollars on your flood insurance–something to consider before buying a home so close to water. Very valuable homes will also have more expensive home insurance policies which can also cost several thousand dollars.

However, elderly who live in residential settings that offer long-term supportive services are at particular risk for abuse and neglect. 1 They are particularly vulnerable because most suffer from several chronic diseases that lead to limitations in physical and cognitive functioning and are dependent on others (Spector et al., 2001).

With much of America struggling economically even before the Great Recession, people were willing to risk travelling to Florida to buy pills to sell for huge profits back home. “If we closed down one.

 · Doctors, medical staff on drugs put patients at risk. investigation shows that more than 100,000 doctors, nurses, medical technicians and health care aides are abusing or dependent on drugs in a.

Every year that we delay fixing [the insurance crisis], we’ll have double-digit rate increases. jay neal, president and CEO of the Florida Association for Insurance Reform “They’re pulling out because.

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It’s been nearly a week since hurricane matthew ravaged the Southeast coast but the insurance industry’s job. that’s because the storm didn’t hit land as the category 4 hurricane that impacted.

"Wells Fargo has long taken advantage of the FHA mortgage insurance program, designed to help millions of Americans realize the dream of home ownership, to write thousands and thousands of faulty loans. Driven to maximize profits, Wells Fargo employed shoddy underwriting practices to drive up loan volume, at the expense of loan quality.

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Insurance fraud crisis in Florida Private mortgage insurance (PMI) protects the lender against a loss if a borrower defaults on the loan. It is usually required for loans in which the down payment is less than 20 percent of the sales price or, in a refinancing, when the amount financed is greater than 80 percent of the appraised value.