Since March, Leroy Stennett has spent more than 10 hours talking to seven people in five departments at Bank of America about getting his mortgage modified.

In 2006, Stennett and his wife purchased a house in Port St. Lucie for $285,000, putting $95,000 down and adding another $5,000 in closing costs from the sale of their previous home.

“My house is worth $120,000 now, so, I’ve basically paid it off, but they don’t want to cut me a break,” Stennett said about his lender, Bank of America. “Every time I call, I talk to a different person, so I can’t get any real answers.”

Like thousands on the Treasure Coast, Stennett hoped President Barack Obama’s Making Home Affordable plan would help adjust his house payments after applying for a mortgage modification. But frustrated homeowners, who remain current on mortgage payments despite economic setbacks, say they are confused about the modification process and aren’t getting support or cooperation from their lenders. (more…)

VERO BEACH — Piper Aircraft Inc. is getting a new top executive. The Vero Beach-based plane maker announced Wednesday that James Bass, its president and chief executive officer since 2005, will resign on June 26.

Kevin Gould, Piper’s vice president of operations, will take over as CEO. John Becker, a 20-year Piper veteran and vice president of engineering, will become president.

Bass said his goal when he took the helm at Piper was to turn around the then-struggling company and make it attractive to a buyer. The Asian investment firm Imprimis bought the plane maker in April.

“I have successfully completed my mission at Piper and am leaving the company in very capable hands,” Bass said in a statement. “What I was brought in to do has been done, and it is now time for me to move on to other challenges.”

MARTIN COUNTY — When Martin Memorial Medical Center hired a jet in 2003 to repatriate a brain-damaged patient to his native Guatemala, hospital officials “never took the law into their own hands,” according to documents filed ahead of a June 23 trial.

“They never stuffed Mr. (Luis Alberto) Jimenez in the back of a van under the cover of darkness and drove him out of town,” Martin Memorial attorney Scott Michaud stated in papers detailing Jimenez’s predawn flight to Guatemala City on July 10, 2003.

“When Martin Memorial discharged Jimenez to the facility in Guatemala,” Michaud noted, “Martin Memorial did so with the honest belief based on the evidence it uncovered, that the hospital in Guatemala was properly equipped to care for him.”
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FORT PIERCE — Not much will change Friday when Lawnwood Regional Medical Center & Heart Institute begins serving as a provisional state trauma center.

Much of the $15 million Lawnwood invested in five trauma surgeons, staff training, new equipment and emergency department renovations was earmarked two years ago when hospital officials proposed St. Lucie County taxpayers chip in $7 million a year to pay for the regional, Level II trauma center.

Trauma tax opponents said then Lawnwood’s parent company, Tennessee-based HCA Inc., would find the cash if it really wanted to care for trauma patients. Nearly 75 percent of voters rejected the trauma tax.
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Along with status and prestige, Treasure Coast celebrities and CEOs bring in beaucoup bucks to the local tax collector’s offices.

Pop star Celine Dion just shelled out $171,040 in property taxes for her 3.7-acre oceanfront Jupiter Island estate on the 200 block of South Beach Road.

Dion’s estate, which is registered under her Montreal-based company Renlec Management Inc., is on the same street as Richard Fuld Jr., the former chairman and chief executive officer of Lehman Brothers. He changed ownership of the $13.3 million Jupiter Island home on 265 Beach Road exclusively into his wife’s name almost two months after the company had the largest bankruptcy filing in U.S. history.

Public records show the couple plunked down $197,194 in property taxes on Nov. 11.

Professional golfer Greg Norman, who slashed the price of his famous barrier-island estate from $65 million to $47.5 million last year, also shares the same ZIP code as the Fulds and Dion. Tax records show Norman paid a whopping $326,751 in residential taxes last January on his 8-acre property, named “Tranquility,” at 382 South Beach Road.

Tiger Wood’s 12-acre site on the 400 block of South Beach Road still is under construction, but his future property taxes could beat out Norman’s bill in the future.

County records show Sand Turtle LLC, the entity registered as the owner of the Woods property, paid a $70,744 tax bill in November. Woods is building a 10,000-square-foot, two-story home with an elevator, guest house, guardhouse and boathouse. The property stretches from the Intracoastal Waterway to the Atlantic Ocean.

Taxes seem a little more reasonable in Indian River County. Author and journalist Carl Hiaasen and his wife Fenia paid Vero Beach their $16,988 property tax bill on Nov. 5.

“I think these people, the celebrities, we do have here are very quiet about it,” said Janet Vizzo, a manager at the Martin County Tax Collector’s Office. “It’s not very well known.” (more…)