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As Some Top Metro Foreclosure Activity Rates Decrease, New Foreclosure Hot Spots Emerge in Q3 2009 – “Rising unemployment and a new variety of mortgage resets continued to gradually shift the. and the Florida metro areas of Port St. Lucie (2.63%) and Orlando-Kissimmee (2.57%)..
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A close review of several thousand flips in Sarasota and Manatee counties showed that 40 percent of the flippers were industry insiders — real estate agents, mortgage brokers and attorneys. and.
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Fire Sale – couple had taken out a $465,000 mortgage they couldn’t pay back without. [to lenders] we would get slapped in the face," says broker Brad M. Myers. "But now they say, ‘Oh, you’re from Port St..
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Mortgage Broker White City Lessons of mortgage crisis go unheeded in small-business lending market – There’s a great scene in The Big Short, the movie of Michael Lewis’ book about the mortgage crisis, where two shiny-suited brokers brag about how many. chief executive of World Business Lenders, a.
Foreclosure Starts at 71-Month Low, Bank Repossessions Increase – We’re likely not completely out of the woods when it comes to foreclosure starts, either, as lenders are still adjusting to new foreclosure ground rules set forth in the National Mortgage Settlement ..
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Mortgage Broker Watertown Prudential Securities’ September announcement that it will buy back million worth of mortgage-backed derivatives. says Mary Calhoun, a former broker who is now a securities arbitration.
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