Florida Bankers Association President and Chief Executive Officer Alex Sanchez, who has run the powerful industry organization since 1998, will be the keynote speaker June 1 at the Condo Vultures® seminar, entitled, "An Insider's Assessment Of Florida Banking ."
The 5.30 pm to 8 pm event will be held at the Miami Marriott Biscayne Bay Hotel on North Bayshore Drive in Greater Downtown Miami.
A lawyer by training with several years of experience, Sanchez's energy is now focused exclusively on guiding the state's 400 financial institutions through one of the toughest economic times in decades as regulators seize banks, borrowers opt not to pay their mortgages, and special assets employees outnumber loan originators.
Sanchez's governmental efforts take him from Florida's capital in Tallahassee to the U.S. Capitol in Washington, D.C., in pursuit of protecting and promoting the interests of the banking industry.
Sanchez, who was nominated by former President George W. Bush and supported by former U.S. Sen. Bob Graham (D-Florida), serves on the Federal Retirement Thrift Investment Boardthat oversees a voluntary program for government workers.
One bill Sanchez and the Florida Bankers Association supported in the last Florida legislature session called for speeding up the foreclosure process by shifting the action out of the courtroom and into an administrative setting.
South Florida bankers have said privately that a typical foreclosure now takes about 18 months to complete at a cost of at least $100,000. Back in 2007 when the foreclosures first began to spike, many bankers estimated the process would take as little as six months and cost a minimum of $40,000.
Register for the seminar online at www.condovultures.com. Tickets are $40 in advance and $50 at the door.
For more information about the June 1 event, please contact CondoVultures.com executive editor John Fakler at 800-750-0517 or by email at jfakler@condovultures.com.
