January Palm Beach County home sales gain in price and volume – The Florida Realtors group. That still left 39.6 percent of homes with mortgages in Palm Beach, Broward and Miami-Dade counties underwater, meaning the homeowner owes more on the loan than the home.
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Lenders to talk to borrowers before foreclosing – Government-owned mortgage giants Fannie Mae and Freddie Mac are considering whether to force loan servicers in South Florida to go to mediation. who cannot make their mortgage payments in Broward.
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Three South Florida-based banks report higher loans – With the merger, Stonegate now has 10 branches in Broward and three in Palm Beach County. Meanwhile, BankUnited, the largest bank headquartered in South Florida. it increased both its commercial.
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BROWARD COUNTY – Hill has joined Florida Housing Corp. as a loan officer in West Palm Beach. Nihart has joined partners brokerage group Inc. of West Palm Beach as vice president of residential and commercial.
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