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Cash-Paying Vultures Feast on U.S. Housing as Mortgages Dry Up – In Florida’s Broward County, where Theocles is based, deals with no mortgages made up 69 percent of sales in. Short sales, where the bank accepts less than the principal on a loan, and foreclosures.

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BASF OPENS BROWARD OFFICE – The Builders Association of South Florida (BASF) has opened a satellite office in Broward County for. to raise their home loan rates one-quarter to one-half a percent to the 10.5 percent range. If.

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