Florida Newsmakers of the Year
Business - Florida Newsmakers of the Year
• FORECLOSURE FIGHTERS
Lisa Epstein and blogger Michael Redman uncovered fraudulent practices by mortgage holders. [Photo: Steve Mitchell/Newscom]
Forcing the Issue
For many, the bottom line in any mortgage dispute is whether the payments are being made. But Lisa Epstein, a West Palm Beach nurse turned foreclosure activist, focuses on fraudulent practices, backdated documents and robo-signers. Epstein and fellow Florida foreclosure-fighters — blogger Michael Redman in West Palm Beach, attorneys Lynn Szymoniak in Palm Beach Gardens, Matthew Weidner in St. Petersburg and Thomas Ice in Royal Palm Beach — lit the firestorm that pressured major mortgage holders to a brief, self-imposed moratorium on foreclosures until they say they sorted out their paperwork. Attorneys general launched investigations as did the federal government. Epstein, who says she was instructed by her mortgage servicer to stop paying her mortgage in 2008 so she could qualify for hardship assistance, wants a national moratorium, criminal investigations, lots of indictments, breaking up the big banks and more regulation and reform. Some argue slowing foreclosures only slows recovery. To Epstein, that's saying, "keep the criminals in charge and we'll have a recovery."
Florida Business News
Melbourne-based Harris Corp. and Florida Power & Light Co. are teaming up to develop an advanced digital system for FPL's operations.
The county's official public/private partnership reported 20 company relocations and expansions and 2,646 new high-paying jobs.
A year ago, a study about hospitals marking up prices by 1,000 percent generated headlines and outrage around the country.
Florida Trend Video Pick
Last week Mosaic sent a drone with a camera flying above its sinkhole while the company lowered a measuring device using lasers into the hole to determine its width and depth.
Did the final presidential debate sway your opinion any?