April 21, 2007
FLORIDA HOME SAFETY A new law, crafted during the Florida Legislature’s special session in January, calls for the creation of a system to rate each home’s ability to withstand storm winds. Lawmakers are working out the details, and one proposal received backing yesterday from the Florida Office of Insurance Regulation.
FLORIDA PROPERTY TAXES If [...]
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April 21, 2007
SUBPRIME MORTGAGES New Century Financial, the nation’s second largest lender specializing in subprime loans, filed for bankruptcy protection yesterday. While 50 lenders have filed for bankruptcy recently, New Century’s fall from grace shook stock traders who watched it go from Wall Street favorite to financial pariah.
CONDO-HOTELS A few years ago, condo-hotels practically sold [...]
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