Would you let an ex-con originate your mortgage loan?
I’ve wondered about Florida since 2000. Just what is going on in that state?
Now comes this news: The Miami Herald newspaper during an eight-month investigation found that the state of Florida allowed from 2000 to 2007 more than 10,000 ex-convicts work in the mortgage business. Of course, these people with criminal records had access to borrowers’ key personal financial information.
You can read about this story here.
So there you have it, someone else to blame — this time an entire state government — for the mortgage problems the country is currently facing.
Tags: ex-convicts, Florida, mortgage-crisisRelated Stories
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