Even as South Florida community banks push to work out bad debt, nearly half the borrowers fall behind on their restructured loans. Community banks based in Miami-Dade, Broward and Palm Beach counties have restructured more loans, many of them secured by residential and commercial real estate, but almost half of these second-chance loans were past due at midyear, according to our annual survey.
Despite second chances, more struggles for bank customers
Daily Business Review
October 17, 2011
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