Florida led nation in 2012 foreclosure activity

Florida posted the highest foreclosure rate in the nation in 2012, eclipsing Nevada for the first time, according to RealtyTrac.

In Florida, 3.11 percent, or one in every 32 homes, received some sort of foreclosure filing last year, the California-based data firm said.

Much of the rising foreclosure activity represents loans that soured a long time ago, rather than a major new round of defaults.

Foreclosure activity in Florida rose 53.5 percent in 2012 from a year earlier, as lenders stepped up activity after a long hiatus during the robo-signing controversy. With the settlement last spring between 49 state attorneys general and five large banks, lenders now have clearer guidelines on how they can press foreclosures.

“With the Miami numbers we’re seeing the expected rise off the artificially low numbers in 2011 as lenders pushed through foreclosures delayed by questions surrounding proper foreclosure documents and procedures,” Daren Blomquist, vice president at RealtyTrac, said in an email.

While the rising number of bank-owned sales of homes creates a headwind for the housing market, the inventory of homes for sale has been so tight that those distressed sales haven’t proved, at least so far, to be the onerous “other shoe” that many had predicted.

The Miami Association of Realtors next week is expected to report the county posted record home sales for 2012, beating a record year in 2011. Median home and condo prices in Miami-Dade are posting consistent gains, instilling confidence that the housing recovery is on strong footing.

Realtors insist they don’t expect the continued, or even accelerated, flow of distressed properties into the market to derail that housing recovery in Florida.

In many cases, professional investors are in the wings to snap up distressed property as soon as it becomes available, making it tough for the average home buyer to get a shot at the properties.

“A lot of investors are buying at the courthouse,” said Liza E. Mendez, a broker and owner of Petro Realty International in Hialeah.

“Everyone talks about the shadow inventory,” said Francisco Angulo, a Coldwell Banker agent and regional coordinator to South America for the National Association of Realtors. “Well, there are shadow buyers to go with that shadow inventory.”

The surge in foreclosure activity in Florida came as half the states saw increases in foreclosure activity and half saw declines. Most of the increases occurred in “judicial” states, those that handle foreclosures in protracted court proceedings rather than the quicker administrative processes.

“2012 was the year of the judicial foreclosure, with foreclosure activity increasing from 2011 in 20 of the 26 states that primarily use the judicial process, and a judicial state — Florida — posting the nation’s highest state foreclosure rate for the first time since the housing crisis began,” Blomquist said.

Twenty percent of the nation’s foreclosure activity centered on Florida last year, with some 305,766 properties in some stage of foreclosure or owned by a bank. California ranked second with 14 percent of the total, followed by Illinois, which had 9 percent. Ohio and New York each had 5 percent.

Florida had eight of the 20 metropolitan areas with the highest foreclosure rate, including Miami at No. 5 in the nation; Palm Bay-Melbourne-Titusville, at No. 6; and Orlando at No. 8, RealtyTrac reported.

Within Florida, Miami-Dade County ranked second only to Okeechobee County in foreclosure activity during 2012. Foreclosure activity in Miami-Dade was up 56 percent in 2012 to 44,284 foreclosure filings.

In tallying foreclosure filings, RealtyTrac includes default notices, scheduled auctions and bank repossessions, thus a single property will log multiple events over the course of a foreclosure proceeding.

Broward had 25,935 foreclosure filings of all sorts in 2012, marking a 26.4 percent increase from a year earlier, RealtyTrac data show.

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Driver in Rickenbacker Causeway cyclist death to be sentenced

A motorist who killed cyclist Aaron Cohen in a hit-and-run crash on the Rickenbacker Causeway will learn his fate Wednesday.

A Miami-Dade judge on Wednesday afternoon will sentence Michele Traverso, 26, who earlier pleaded guilty for the crash that killed Cohen last February.

The fatality, and a similar hit-and-run wreck in 2010, has renewed calls for increased safety for cyclists and joggers on the popular causeway. Fellow cyclists staged a memorial ride and erected a billboard overlooking Interstate 95 in Cohen’s honor.

Members of Miami’s avid cycling community are expected to be on hand for the 1 p.m. sentencing.

Traverso, driving on a suspended license, struck Cohen and cycling partner Enda Walsh as the two rode in the northbound lanes near the crest of the bridge. Traverso surrendered to police 18 hours after the crash.

Though there were reports of Traverso drinking in Coconut Grove that night, investigators could not prove that his blood alcohol content level was above the legal limit because of the delay in turning himself in.

Traverso pleaded guilty to leaving the scene of an accident involving a death, leaving the scene of an accident with great bodily harm, and driving with a suspended license. He also pleaded guilty to earlier cocaine possession charge.

Miami-Dade Circuit Judge William Thomas could sentence him to as little as 22.8 months in prison, and as much as 35 years behind bars.

In May, Thomas told Cohen’s widow, Patricia Cohen, that he would be unlikely to deliver the maximum sentence, although he could consider “20 or 25 years” after hearing from her and Traverso’s own family at a possible sentencing.

The Cohen family is suing Traverso and his father, who owned the car.

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“GameStick” and NVIDIA “Project SHIELD” Consoles-in-a-Controller on Their Way

Both GameStick and NVIDIA’s Project Shield are upcoming game consoles the size of a game controller, which can hook up to a larger display. Both are powered by Android, Google‘s open-source operating system that’s normally used on smartphones and tablets. And both have working hardware prototypes already. But one is a $ 99 Kickstarter project by an indie group, while the other has the backing of two major companies in the PC gaming world — and will probably be a lot more expensive when it comes out.

Here’s a look at two upcoming TV game consoles that you’ll be able to fit in your pocket or handbag.

GameStick: Exactly what it sounds like

Imagine a tiny, rectangular game controller, sort of like a Wii Remote with more buttons and twin analog sticks. On one side is a plastic bump, that when you pull it off it becomes this gadget the size of a USB memory stick that plugs into a TV’s HDMI port. That’s GameStick, and with 19 days left to go in its Kickstarter fund-raiser it’s managed to raise more than three times the $ 100,000 its creators asked for.

GameStick will have 8 GB of flash memory, and a processor capable of handling modern AAA Android games like Shadowgun, plus 1080p video. If you don’t like the controller it comes with, you’ll be able to connect up to four of your own via Bluetooth, or even use your Android or iOS smartphone or tablet as a controller.

Project SHIELD: A controller that can stop bullets

Maybe it can’t literally serve as a shield. But at about the size of the original Xbox’s controller, the “portable” console NVIDIA showed off at this year’s CES sure looks like it can. It’s powered by a next-generation Tegra 4 processor, and features its own built-in 5-inch multitouch screen for gaming on the go. But it can also connect to a TV, and can even stream PC games via Steam’s Big Picture mode, which was designed for controller games.

A not-so-silver lining?

GameStick’s biggest weakness may be its developer support. Its Kickstarter page mentions the hundreds of thousands of Android games out there, but most of those are only on Google Play, which (unlike most of the rest of Android) is proprietary to Google. Time will tell whether its creators can get enough developers to write games for the platform by the time of its planned April launch, or enough gamers to buy games they might already have on their tablets.

In contrast, between full support for the Google Play store and PC game streaming from Steam, Project SHIELD will have thousands and thousands of games, and there will be no need to repurchase titles you’ve already bought from either store. There’s no word from NVIDIA yet, though, on how much its game console will cost or even when it will launch.

Jared Spurbeck is an open-source software enthusiast, who uses an Android phone and an Ubuntu laptop PC. He has been writing about technology and electronics since 2008.

Linux/Open Source News Headlines – Yahoo! News

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Diff'rent Strokes Star Conrad Bain Dies

Conrad Bain, best known for playing Philip Drummond on Diff'rent Strokes, has passed away. He was 89 years old.

Bain died Monday night in his hometown of Livermore, CA, of natural causes, The Washington Post reports.

Related: Gary Coleman's 'Diff'rent Strokes' Co-Stars React to His Death

Bain's television credits include the 1972 series Maude, and guest star appearances on The Facts of Life and The Fresh Prince of Bel-Air, in which he reprose his iconic Mr. Drummond role. The show that made him famous -- Diff'rent Strokes -- debuted in 1978 and lasted eight seasons.

Related: 'Diff'rent Strokes' Star Todd Bridges & Wife Split

He has three sons and one daughter with wife Monica Sloan, who passed away in 2009. He is also survived by his twin brother Bonar Bain.

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Cops hunt sicko wanted in Williamsburg sexual assault

Cops are looking for the sicko, caught on surveillance video, who sexually assaulted a woman in a Williamsburg subway station, authorities said.

The 22-year-old victim can be seen on the video walking thru the turnstyle at the Lorimer stop of the L-train Sunday at 2:35 a.m. The suspect, wearing a red hoodie, follows just behind her.

As the victim was walking up the stairs to leave the station, the creep grabbed her groin and tried to force off her tights, police sources said.

The two tussled for a little while at which point the perp grabbed her cell phone and fled, police said.

The suspect is believed to be in his 30’s, about 5-foot-9 and weighs around 185 pounds, police said.

Anyone with information is asked to call Crime stoppers at 1-800-577-TIPS (8477).

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Miami Dolphins bill would bring state money to aging stadiums

A bill drafted by the Miami Dolphins would give Florida sports teams $3 million a year in state money to improve older stadiums, provided the owner pays for at least half the cost of a major renovation.

Under the law, the stadium would need to be 20 years old and the team willing to put in at least $125 million for a $250 million renovation. That’s less than the $400 million redo of Sun Life Stadium that Dolphins owner Stephen Ross proposed this week, which he hopes will win state approval thanks to his offer to fund at least $200 million of the effort to modernize the 1987 facility.

Miami-Dade and Florida would fund the rest through a mix of county hotel taxes and state general funds set aside for stadiums. Sun Life currently receives $2 million a year through the program, and the Dolphins want to create a new category that would give them an additional $3 million.

While the Miami Marlins and Miami Heat both play in stadiums subsidized by county hotel taxes, the Dolphins receive no local dollars. The bill would change that by allowing Miami-Dade to increase the tax charged at mainland hotels to 7 percent from 6 percent, and eliminate the current rule that limits the money to publicly owned stadiums. Sun Life Stadium, in Miami Gardens, is privately owned but sits on county land.

The bill pits enthusiasm for one of Florida’s most popular sports teams against a lean budget climate and lingering backlash against the 2009 deal that had Miami and Miami-Dade borrow about $485 million to build a new ballpark for the Marlins. Ross also must navigate a Republican-led Legislature that has twice rebuffed his requests for public dollars.

“I would be surprised if that bill even got a hearing in committee,” said Mike Fasano, a Republican representative from the Tampa area and a critic of tax-funded sports deals. “I’m a big Dolphin fan, and have been for years. But with all due respect, we’ve got people who are struggling throughout this state right now . .. The last thing we should be doing is giving a professional sports team or facility additional tax dollars.”

While the bill would open up the $3 million subsidy to other the teams, the Dolphins see it as unlikely that another owner would be willing to put up as much money for renovations as Ross, a billionaire real estate developer.

If the bill were enacted today, any stadium opened before 1993 would be eligible for the money, provided it could show the proposed renovation would generate an additional $3 million in sales taxes.

Ross and his backers are pitching the renovation as a boon to tourism, with Sun Life a magnet for the Super Bowl, national college football games and other major events. The National Football League is considering South Florida and San Francisco for the 2016 Super Bowl, and the Dolphins say approval of renovation funding is crucial to winning the bid.

Sen. Oscar Braynon, D-Miami Gardens, who sponsored the Senate bill, said the funding makes sense because when Sun Life hosts a Super Bowl, the entire state benefits from both tourism dollars and publicity.

“It’s a small price to pay for economic development, and for all the shine we get from major sporting events,” said Braynon, whose district includes Sun Life. Rep. Eduardo “Eddy” Gonzalez, R-Hialeah, is the sponsor on the House side.

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FAMU abruptly cancels plans to name new band director

TALLAHASSEE --
Florida A&M University abruptly canceled plans to name a new Marching 100 band director Tuesday morning, leaving an auditorium full of curious students, faculty and media wondering why the school couldn’t agree on a contract with the remaining finalist.

"Somehow they did not meet the negotiation process and they will not be able to name a candidate," university spokeswoman Sharon Saunders said.

The announcement is certain to draw nationwide scrutiny as the Marching 100 attempts to rebuild after the 2011 hazing death of drum major Robert Champion. The group is on suspension but could return as early as the fall.

The university has refused to say which of four finalists was offered the job, though Saunders said the person is in Tallahassee meeting with school officials to seal the deal.

Saunders said she didn’t know what specifically had hampered contract negotiations other than it had to do with concerns about the role of the band director in light of recent efforts to reorganize the band.

The school is in the process of hiring additional staff to create more oversight. Also, the position of band director has been separated from the position of music department chair.

FAMU announced Monday afternoon that the news conference would happen Tuesday morning. Band members have been buzzing about who got the job.

Many hoped Shelby Chipman, the associate director of bands who had been groomed for years to assume the top position, would be selected. But others suggested North Carolina Central University band director Jorim Reid, a former Marching 100 drum major, was offered the job.

Dontay Douglas, a senior from Miami who served as band president during the 2009 and 2010 marching seasons, said he has nothing against Reid but feels Chipman is the most qualified.

"He’s studied under legends in the world of music in this nation," Douglas said.

Former state Sen. Al Lawson, a longtime FAMU supporter, said overlooking Chipman would mean Interim President Larry Robinson and other university leaders had caved to outside pressure.

Chipman’s resume is full of accolades, Lawson said, and he should not be penalized for being on the Marching 100 staff at the time of Champion’s death.

"You should not let the politics of the band situation prevent a person of his caliber from getting the job," Lawson said.

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Justin Bartha The New Normal Interview

Save for Burt and Kurt Hummel, creating empathetic families has never been Ryan Murphy's strong suit. In fact, he's built an incredibly successful empire on the backs of the dysfunctional McNamara, Harmon and McQueen/McPherson clans. But with The New Normal, Murphy and co-EP Ali Adler have presented one of the most adorable blending broods currently on TV, reminding the world that it truly does take a village.

In tonight's all-new episode, titled Stay-At-Home Dad, that fact is hammered home in both Brian and David as each believes he could trade in his career for a permanent position driving carpool. ETonline caught up with star Justin Bartha to talk about this episode (one of his favorites yet), what it means to be part of a show like The New Normal and why he signed up in the first place.

ETonline: The evolution of the show, and its characters, has been great to watch. What have you thought of the season so far?

Justin Bartha: The first season of a TV show is very hard, and in trying to speak objectively, I think we started off on a high note. It's very hard to get your footing so fast. There's a lot of early episodes that I think are really great television. As everyone gets to know these characters and how they relate to each other, we're settling into something that feels like a family, which I think every show tries to obtain.

RELATED - Ryan Murphy Makes ET's Entertainers Of the Year List

ETonline: What have you enjoyed learning about David as the season progresses?

Bartha: On a TV show, since you get a chance to sit with a character for a long slow burn, there's a certain point where you start thinking as the character, and your point of view changes as the character's point of view changes. The heart of our show is the way this group of people connect and how their points of views change as the characters get to know each other, so that's been the biggest enjoyment for me. David's evolution is such a living thing, and because the other actors are so talented, everything is changing week to week because of what the actors are doing with their characters.

ETonline: I've loved the flashbacks we've seen of Brian and David's pre-pilot lives. How helpful has it been to have a tangible reference point like that?

Bartha: Oh my god, it's absolutely invaluable. Those are some of the most fun things to shoot because the show is about how all these characters from different backgrounds and points of view relate to each other and evolve over this short amount of time. In the episodes coming up, you'll see snippets of them as children, which really helps the audience fill in the pieces of who these people are. And for the viewers stuck on the sexuality aspects, those moments really show how everyone is the same at their core.

RELATED - 6 Best New Shows of 2013

ETonline: There was so much controversy around the show before it actually premiered, now that The Million Moms have marched away, what kinds of reactions have you gotten from fans?

Bartha: The fans have been overwhelming generous and nice. Because of how strong the writing is and how talented this cast is, the material is handled with such respect, so I think the fans are responding because it's kind of a fresh take on what a half-hour comedy is. We didn't want to do the usual sitcom, obviously you can't get away from certain aspects of that, but we wanted to have a different vibe, and I think people are responding to that fresh take while also loving the characters.

ETonline: Would you have been interested in doing a more traditional sitcom?

Bartha: The one thing we all talked about before I even signed on to do the show is that we all [Ryan Murphy, Ali Adler, Andrew Rannells] very much wanted to portray a couple in the most realistic way possible. That includes intellectually, comically, sexually. Everything has to be on the table because the only way people will care about the characters is if they seem authentic. It was a concerted effort to do that, and that's part of the journey -- not everything is funny all the time, you can't always have characters hanging out and making quips. And if they are, they're probably hiding something. We wanted to be as real as possible, and if it's grounded in that reality, even if it's uncomfortable for some people, hopefully it will transcend the usually throwaway entertainment you see on other channels.

ETonline: What can you tease about tonight's episode?

Bartha: For me, this is very much the epitome of what our show is trying to say. I love this episode. You'll see a jumping off point to the guys as fathers, and for whatever fantasy you have about what it's like to be a parent, actually being a parent is nothing like that. It's not to be taken lightly, and they both feel they have what it takes, in different ways, to quit their lives and just be a dad. Brian and David both have these fantasies and they get a chance to practice with Shania. You'll see how they both take on the responsibility of actually being a father and if they have what it takes.

ETonline: Speaking of Bebe Wood [who plays Shania], I am astounded by her performance every week. How cool is it to see such a young actor bring so much to the table?

Bartha: What's interesting about Bebe is you forget she's a child. There are very rare moments on set where she acts like a little kid. Sometimes Andrew and I will turn to one another and say, "Oh yeah, she is a child!" You honestly forget because she's so fantastic -- she's my favorite actress right now. She's such a fun person to be in a scene with and she's genuinely funny. A lot of times, especially with kid actors, they're just reciting lines and those become funny because a kid is saying it. Bebe has the unique ability to actually make something funny. I don't even know how that works. It's so much fun to watch.

The New Normal airs Tuesdays at 9:30 p.m. on NBC.

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Lohan pleads not guilty for allegedly lying to Calif. cops, new court dates set

Lindsay Lohan pleaded not guilty today to charges she allegedly lied to cops and drove recklessly in California over the summer.

The “Mean Girls” star was not in court this morning and entered her “not guilty” statement through defense lawyer Shawn Holley.

LA County Superior Court Commissioner Jane Godfrey set Lohan’s trial for March 1, with a pretrial hearing on Jan. 30. Godfrey ordered Lohan to appear in court on Jan. 30.

This prosecution has put Lohan on the hook for a possible probation violation, which could send her to jail. The probation matter was set for a hearing on Feb. 27.

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Lindsay Lohan

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Lawyer Shawn Holley today in Calif. court.

Holley represented the actress in court despite published reports she’s been fired. Godfrey asked Holley twice in court to confirm she’s still -- and will continue to be -- Lohan’s lawyer.

Holley answered “yes.” But outside court, pressed by reporters if she’d still be Lohan’s mouthpiece by Jan. 30, a seemingly flip Holley said “who knows?”

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Global entrepreneurship nonprofit Endeavor coming to Miami

Flawless execution helped propel Argentine Marcos Galperin’s e-auction site, Mercado Libre, above the competition to become a $3.8 billion company. Some 50,000 small businesses now use it to market their wares.

Leila Velez and Heloísa Helena Assis, cousins who grew up in the slums of Rio, started with one product and one salon. Today their company, Beleza Natural, operates 24 salons that bring in $75 million in revenues, employs 1,500 people and has an eye on U.S expansion.

Both were powered, in part, by Endeavor, a global nonprofit that selects, mentors, supports and accelerates high-impact entrepreneurs in metropolitan areas of 16 countries — and, soon, in Miami.

Endeavor and its local supporter, the John S. and James L. Knight Foundation, announced Tuesday that Knight is providing Endeavor with $2 million in grant funding over five years for Endeavor’s first U.S. expansion. Endeavor’s Miami office could ultimately service dozens of local entrepreneurs, but first a local board needs to be assembled, a managing director hired and offices set up.

Beginning late this year, South Florida’s innovators will be able to apply to become Endeavor Entrepreneurs, connecting them to a global network of mentors and advisors who can help grow their ventures. “We think this is a cornerstone of making Miami more of a place where ideas are built,” said Matt Haggman, Miami program director for the Knight Foundation, which has made entrepreneurship a key focus of its Miami program.

The announcement is an important milestone in Miami’s efforts to accelerate an entrepreneurial ecosystem, which has been gaining momentum, said Haggman, who led the effort for Knight, its largest investment in entrepreneurship to date. Accelerators, incubators and co-working spaces have been opening up, including Launch Pad Tech, which is receiving $1.5 million in public funding and opens for its first class next week. Last month, the first ever Innovate MIA week attracted hundreds of entrepreneurs, investors and other supporters to a packed schedule of daily events, which included the Americas Venture Capital Conference and Endeavor’s International Selection Panel.

“Miami is almost the perfect seeding ground for Endeavor,” said Peter Kellner, co-founder of Endeavor and now an Endeavor board member, an investor and South Florida resident who began discussing the project with Haggman in the spring. “There are commitments from large institutions like Knight, FIU, UM, there is capital, there are people that are interested in making things happen, there are already clusters of activity like accelerators and incubators. That’s where Endeavor thrives.”

Endeavor selects and works primarily with companies from a wide range of industries that are already earning $500,000 to $15 million in annual revenue and ready for the next stage: explosive growth.

“While the vast majority of small businesses employ two or three people, Endeavor businesses employ an average of 237,” said Endeavor co-founder and CEO Linda Rottenberg.

Launched in 1998 and headquartered in New York City, Endeavor now operates throughout Latin America, Africa, the Middle East, Europe and Southeast Asia and supports more than 750 entrepreneurs who are chosen in a rigorous selection process.

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