The federal government may be backing down on tighter regulations meant to remedy the mortgage crisis, after housing industry leaders said that tougher rules will only make mortgages more expensive. The new rules include harsher standards that would force lenders to prove that their customers can afford their mortgage. Opponents say the proposals will cause an increase in lawsuits brought against lenders.
|Brock Development scores loan, breaks ground on Palm Beach Gardens hotel|
|The Weekly Dish: Bocce Bar’s space to become Skorpios restaurant & more|
|South Florida construction starts spike in January: report|
|Can a startup Miami brokerage make the flat-fee model work?|
|General Growth Properties raises its ownership stake in Miami Design District|