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South Florida

Miami condo gets loan extension, Wachovia files foreclosure suit against Cornerstone … and more

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1. Loan extended for condo near Miami’s Freedom Tower [SFBJ]
2. Americans now need to explore alternatives to home equity [AP via Palm Beach Post]
3. Lynn University breaks ground on performing arts center [Sun-Sentinel]
4. Wachovia files another foreclosure lawsuit against Cornerstone Group [SFBJ]
5. Getting a home loan not as hard as people think, agent says [Sun-Sentinel]
6. Orion Bank’s problems continue [Naples Daily News]
7. Housing prices to hit bottom in 2009 [Business Week]

8. Interest rates likely to rise on larger home loans [WSJ]
9. Wall Street starts year with rally [Reuters]