F.N.B. Corporation Reports Net Income of .7 Million for Fourth Quarter 2011
For the Florida portfolio, net loan charge-offs of $ 9.8 million exceeded provision for loan losses of $ 2.3 million, reflecting the completion of the annual appraisal process during the fourth quarter for the Florida land-related segment and the …
Read more on MarketWatch (press release)
Citizens delivers gale-force blow to wallets with high estimated replacement costs
But because it is not writing new business in Florida, relatively few policies are re-appraised. Another big distinction: Unlike Citizens, "customers have a choice with us," State Farm spokeswoman Michal Connolly said. There are three options: Use the …
Read more on Tampabay.com
Alleged scam could have hiked neighbors' taxes, affected sales
Bay County Property Appraiser Dan Sowell's assessments determine how much tax a homeowner will pay. Recent home sales in a neighborhood carry the most weight in his determination of an area's median home value, and the sales in the indictment caused …
Read more on Walton Sun
Housing and the Economic Recovery
For example, appraisals could be greatly simplified and made less expensive by using automated valuation models. The Home Affordable Refinance Program, or HARP, was set up to facilitate refinancing of high loan-to-value prime conforming mortgages. …
Read more on Insurance News Net (press release)
Top Florida Real Estate Stories of 2011
While the federal government has tried to spark home sales through a number of programs (see No. 7 above), it has also created obstacles to homeownership by boosting mortgage rules, tightening appraisal standards and restricting the amount homeowners …
Read more on Southewest Florida Blog (blog)
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