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Firm raises $300M to finance condo purchases by foreign nationals – A South Florida-based joint venture called PYT Lending has raised a $300 million fund to finance condo purchases by foreign nationals. mortgage lender based in Miami Beach that has originated and.
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Mortgage broker convicted in $20M mortgage fraud scheme – Mortgage broker, lender and real estate agent marco laureti has been convicted in a $20 million mortgage fraud scheme in South Florida. Laureti was found guilty. They allegedly falsified mortgage.