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SOUTH FLORIDA WAREHOUSE SHAKEOUT WORST IN BROWARD – South Florida. Jr. The loan went into default and title was conveyed to the Albany bank. Now this bank has dumped the property for $975,000, or $19.40 a square foot. Furthermore, the lender took.

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Banks would reduce mortgage debt as part of federal inquiry settlement – About 1 million homeowners could get their mortgages reduced by an average of $20,000 if major lenders agree. homeowners in Florida. Nearly 400,000 single-family homeowners with a mortgage in Palm.

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‘Boomerang buyers’ help shape South Florida’s housing market – In Palm Beach, Broward and Miami-Dade counties. agencies that back more than half of all home loans, used to require a two-year wait after a short sale before a borrower could qualify for another.

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