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
Since 2010, American Express has been promoting shopping at small businesses by declaring the Saturday after Thanksgiving Small Business Saturday.
Your local fun zone, amusement center and theme park is facing an existential challenge these days.
A new report by the nonpartisan National Priorities Project identified where states rank in terms of their dependence on federal aid.
Florida Trend Video Pick
Developers David and Joshua Wallack are set to build a 570-foot vertical coaster, which will be the tallest in the world, in Orlando.
Did President Obama overstep his executive authority by enacting immigration reform?