State regulators allow thousands with a criminal past to peddle home loans -- costing consumers millions.
Despite pleas from consumers, Florida does not require loan originators to pass criminal background checks.
Even when brokers break the law, they are frequently allowed to keep their licenses -- only to break the law again. Coming in August.
The Herald's investigation found that the state has licensed over a thousand convicted felons as mortgage brokers and has allowed two thousand felons to work as unlicensed loan originators.
The victims of mortgage fraud: meet the economically vulnerable Floridians who suffered as the state's mortgage-fraud rate became the nation's highest.