Lakeland Leads Florida in Underwater Mortgages – LkldNow

Lakeland Leads Florida in underwater mortgages barry friedman jun 28, 2018 at 1:16 pm florida business daily lakeland-winter Haven is 31st in the nation and first in Florida among 98 large metro in the percentage of "seriously underwater" mortgages – those that owe at least 25 percent more than the property value, according to a recent analysis.

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 · Lakeland-Winter Haven is 31st in the nation and first in Florida among 98 large metro in the percentage of “seriously underwater” mortgages – those that owe at least 25 percent more than the property value, according to a recent analysis. The report by Atom Data Solutions (see a summary here) says 11.2 percent of local mortgages are seriously underwater.

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Lakeland-Winter Haven has had the nation's second-highest rate of new. Lakeland Leads Florida in Underwater MortgagesJune 28, 2018In.

Figure in Loomis investment fraud receives 5-year sentence Loomis is also charged in the same indictment with five other defendants in two related mortgage fraud schemes that caused more than $10 million in losses to mortgage lenders and others. Loomis and Hagener are scheduled to appear in federal court in Sacramento today at 2:00 p.m. before U.S. Magistrate Judge Kendall J. Newman.

 · In the markets hardest hit by the nation’s housing bust – Florida, Arizona, California, Michigan and Nevada – the share of homeowners who are underwater is 40 percent.

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