The Real Deal Miami

Miami program will try to stabilize property values, mortgage rules slow sales … and more

February 19, 2009 05:53PM

1. Miami program will try to stabilize property values [Miami Sun Post]
2. State Farm home insurance pullout leading to “turmoil,” insurance broker says [Palm Beach Post]
3. Mercantile Bank files for foreclosure on Hollywood project [SFBJ]
4. Fannie, Freddie rules slow Florida sales [WSJ]
5. Senator calls for drywall investigation [SFBJ]
6. South Florida won’t see much help from Obama’s mortgage plan, analysts say [Sun-Sentinel]
7. AmTrust files foreclosure suit against Miami development [SFBJ]
8. Corus Bank regulatory agreement could limit condo loan renewals [SFBJ]
9. Nationwide, effect of mortgage plan may be limited [Bloomberg]
10. U.S. mortgage rates fall for second week [Bloomberg]
11. Commercial property prices down 16 percent [NYO]
12. Do you qualify for mortgage aid? [Business Week]
13. Obama foreclosure plan could mean relief for banks, overload for lenders [Bloomberg] and [Newsday]
14. CNBC’s Rick Santelli criticizes housing bailout plan [ABC]
15. Is commercial real estate approaching crisis? [San Diego Union-Tribune]
16. Dow Jones fell to its lowest close in six years today [Cityfile]