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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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CU Mortgage Lending Hit by Cash Sales – It doesn’t take a Harvard MBA to figure this must impact lenders, who obviously. Barbara Moreno, mortgage loan manager at $863 million south florida Educators Federal Credit Union in Miami, agrees.
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LENDERS GET BOND MONEY – asks information from the Housing Finance Authority of Broward County. Once again county bond money has been used to provide lower-than-normal mortgage rate loans available through a group of seven.
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