Lending here ain’t what it was

Palm Beach has seen fewer home mortgage delinquencies in recent years, much like Miami-Dade and Broward.
Palm Beach has seen fewer home mortgage delinquencies in recent years, much like Miami-Dade and Broward.

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From the April issueBankUnited, the largest South Florida-based bank by deposits, exited the home mortgage business in January, raising several questions about the state of single-family residential lending in one of the nation’s most popular real estate markets. [more]