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Here are the biggest loans to close in Palm Beach County during Q3 – A $200 million mortgage. 10 loans to close in the third quarter: #1 Monogram Residential Trust closed on a $200 million loan in September for the Mark at Cityscape, a 208-unit building at 9 Plaza.
FHA Interest Rates – February 2015 Fannie Mae, freddie mac hike mortgage modification interest rate for first time in 2016 – The market mortgage interest rates. followed by the benchmark rate being increased back up to 4% in December 2015. Since then, Fannie and Freddie dropped the benchmark rate on multiple occasions,
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Prospect Mortgage fined $4.16 million for crisis-era FHA lending violations – As a direct endorsement lender, the lender has the authority to originate, underwrite and endorse mortgages for FHA insurance without prior approval from the FHA. Under the direct endorsement lender.
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