Negative equity is the term for owing more on a mortgage than a home is worth. Applications for refinancing are up in Florida and nationwide, according to online lender lending tree. nationwide, four.
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Mortgage loan applications in South Florida had the second-highest rate of. Palm Beach, Broward and miami-dade counties ranked first with.
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The Housing Authority of Broward County has about $10 million available, from an appropriation of $19.6 million, which can be used for residence-buying loans. Pompano Beach, 974-1927; J.I. Kislak.
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Lending rules tightened In troubled markets like South Florida, Bank of America is one mortgage lender that has tightened its. chief operating officer of AmeriHome Loan Corp. in North Palm Beach..
Borrowers complain that lenders. mortgage payments. The South Florida metro area, one of the hardest-hit markets in the housing crash, is among the regions nationwide with the most modifications.
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