Humberto Cruz: Financial advice is good for all seasons

There are 3 comments on the South Florida Sun-Sentinel story from Jun 15, 2008, titled Humberto Cruz: Financial advice is good for all seasons. In it, South Florida Sun-Sentinel reports that:

Americans are getting advice on pocketbook issues from lots of people these days, including financial planners, credit counselors, consumer advocates and spokespersons for financial literacy groups.

Join the discussion below, or Read more at South Florida Sun-Sentinel.

OLD REAL ESTATE LAWYER

Washington, DC

#1 Jun 16, 2008
HEY HUMBERTO! The Sun-Sentinel deliberately DISTORTS and INFLATES the monthly Broward FORECLOSURE STATISTICS BY 300% in FRONT PAGE headlines for the past four years scareing away home buyers and killing the local economy and now they want to help! The Sun-Sentinel like most of the media gets the monthly foreclosure stats from REALTY TRAC. Realty Trac VP Richard Sharga stated in response to criticism from mortgage industry officals concerning the media reporting INFLATED FORECLOSURE STATISTICS that his company tracks foreclosure filings NOT foreclosures and there are at least three filings for every home in foreclosure. The news media, including The Sun-Sentinel have mislead readers by incorrectly reporting that the number of gross filings were actual homes being foreclosured!! Realty Trac VP Sharga states that he has WARNED REPORTERS ALL DAY LONG that these were GROSS FILINGS and not actual foreclosures but his warnings "fall on deaf journalistic ears"!! So how can The Sun-Sentinel justify scareing away homebuyers and causing homeowners to panic sell their homes with INFLAMATORY and INFLATED foreclosure statistics!! Try writing a story ACKNOWLEDGING YOUR MISTAKE and telling readers HOW AND WHY YOUR real estate reporter PAUL OWERS, SCREWED UP!! If a public company or public offical INFLATED their earnings or arrests The Sun-Sentinel would be ALL OVER THEM. Does your memory go back far enough to remember BSO and Sheriff Ken Jenne's arrest stat scandal or is your journalistic motto..."Do as we say but not as we do!" If you REALLY want to help people do what's right for a change AND WRITE A CORRECTION STORY ON THE FRONT PAGE which is where PAUL OWERS put the FRAUDULENT FORECLOSURE HEADLINES!

Level 1

Since: Oct 11

Seattle, WA

#3 Oct 18, 2011
You know financial planning is always necessary if you are in limited budget I have seen people who doesn’t care about expenses but in the end they will be seen tense thinking of spending money on unwanted things. So, take help and secure future by taking financial planning advice from a professional because he is going to show you the path of wisdom and wealth in only your little investment. If you start thinking early about the money for retirement than it will be good for you.

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Nissy

London, UK

#6 Mar 26, 2014
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