Live Breaking News & Updates on Monitorbase William Lebaron

While here in Denver I received an email. “Rob, does what’s going on in Florida impact lenders?” I had to figure out if the author was asking about Disney/DeSantis, new Florida Man news, climate change, or insurance issues. Florida has a lot of cool things: manatees, Dry Tortugas National Park, Epcot Center, and cigar rollers in Tampa who do parties. Unfortunately it now has an additional insurance fee, as Florida has imposed a 1 percent “emergency” fee to property insurance premiums due to property-insurer insolvencies. Lenders in Florida often mention the Agencies, including HUD, and loan amounts. More specifically, many people living in Florida (“locals”) couldn’t buy their own homes due to wages versus values. Many of the Florida home loans that LOs have crossing their desks are now true jumbos. Buyers don’t get much in Tampa for $700k, and eastern Florida is worse. The loan limits are out of adjustment for the locals. ....

Dry Tortugas National Park , United States , Sean Reilly , Wolters Kluwer Closingcenter , Weiner Brodsky Kider , Jim George , Monitorbase William Lebaron , Fran Villarmia Kahawai , Disney Desantis , Mitch Kider , Carla Biancaniello , Tom Gallucci , Todd Tamori , Justin Muscolino , Rob Chrisman , Richard Dwyer , David Colwell , Tortugas National Park , University Of Michigan , Fannie Mae , Head Of Compliance Training At Bank , Fidelity National Financial , Wolters Kluwer , Market Committee , Stewart Lender Services , Epcot Center ,