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Loan Modification

: Mortgage Lender Implode-o-Meter

Hedge funds take aim at Florida real estate

By Implode-Explode Heavy Industries

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``It isn't clear how many funds are taking aim at Florida. But one investment banker who advises banks, Russ Hunt of the Kendrick Pierce firm in Tampa, said he's aware of at least 200. Blount said the real impact of hedge funds may be felt in coming months and years as some banks grow more desperate to sell troubled assets.''

Full post as published by Mortgage Lender Implode-o-Meter on June 01, 2009 (boomark / email).

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