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South Florida

Home Depot to close stores, Lehman’s Fuld sells home … and more

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1. Florida foreclosure modification firm settles in foreclosure scam suit [Miami Herald]
2. Home Depot to close three South Florida stores, cut jobs [Palm Beach Post] and [Sun-Sentinel]
3. Unlicensed school building chief says he passed exams [Broward-Palm Beach New Times]
4. December existing home sales nationwide rise 6.5 percent [Palm Beach Post]
5. Planning council recommends rejection of Davie Commons project [SFBJ]
6. Former West Palm Beach commissioner gets real estate license suspended [Palm Beach Post]
7. Mercedes Homes files for Chapter 11 bankruptcy [Palm Beach Post]
8. Lehman’s Fuld sells Jupiter Island house to wife [Post]
9. Banks sell more than $1 billion worth of troubled residential loans [Bloomberg]
10. Wall Street advances as home sales rise [AP]
11. Commercial property sales to keep falling [Reuters]
12. 68,000 jobs shed in single day [WCBS]