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FRAUD ALLEGED IN S&L; COLLAPSE – Waldron is standing trial on federal charges related to more than $12 million in Sunrise loans. (BU) In St. Lucie County, Sunrise lent more than $23 million to a Broward. mortgage and development.
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Fed too lax, official admits – Subprime lending has a much bigger share of the South Florida market than the nationwide average of 14.7 percent of all home loans at the end of 2006. In Broward County. surge in mortgage.
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