WHO'S WATCHING THE BROKERS

The Office of Financial Regulation was created by the Florida Legislature to oversee the state's banks and securities and mortgage industries. This includes licensing mortgage brokers and mortgage lenders.

The agency's stated goal: to protect ''consumers from financial fraud, while preserving the integrity of Florida's markets.''

FINANCIAL SERVICES COMMISSION

Comprising the top elected leaders in the state, it is responsible for overseeing the Office of Financial Regulation. The commission includes Gov. Charlie Crist, Attorney General Bill McCollum, Chief Financial Officer Alex Sink and Agriculture and Consumer Services Commissioner Charles Bronson. The group appoints the official who runs the Office of Financial Regulation.

OFFICE OF FINANCIAL REGULATION

Headed by Commissoner Don B. Saxon, the OFR is responsible for regulating the industry by licensing and disciplining individuals and companies, conducting examinations of companies' books and records, responding to consumer complaints and carrying out investigations. Based in Tallahassee, it has eight regional offices across the state.

DIVISION OF FINANCE

Headed by Director Terry Straub, it is the division within the OFR responsible for overseeing the mortgage industry. Earlier this year, Straub replaced former division Director Robert Tedcastle.