20,000 NYC homeowners face foreclosure, study shows … and more

1. 20,000 NYC homeowners face foreclosure, study shows [NYT]
2. Loan modifications won’t stop foreclosures [Blown Mortgage]
3. Brooklyn’s oldest gay bar, Starlite Lounge, may shutter in Crown Heights [Brownstoner]
4. Health insurer Aetna will take up to $65 million charge to cover layoffs and real estate consolidation [Fox]
5. Norval White, co-author of AIA Guide to New York City, died [NYT]
6. Mortgage software developers rush to meet Real Estate Settlement Procedures Act compliance before Jan. 1 deadline [Housing Wire]
7. Fannie Mae and Freddie Mac worst performers of financial sector [The Street]

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