Palm Beach Mall hit with foreclosure suit, banks still buying toxic mortgage bonds … and more

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1. Palm Beach Mall hit with foreclosure suit [Palm Beach Post]
2. South Florida homeowners challenging property assessments in record numbers [Miami Herald]
3. Real estate firm Reback Engel Volkers opens in Palm Beach [Palm Beach Daily News]
4. Drywall problems hurt finances of Parkland residents, but Lennar says insurance will cover drywall replacement costs [Sun-Sentinel] and [Miami Herald]
5. Miami Herald offers tips for buyers and sellers [Miami Herald] and [Miami Herald]
6. Foreclosure workshop coming up at Miami Beach convention center [Miami Herald]
7. After mortgage losses, BankUnited seeks a buyer [Miami Herald]
8. Southwest Florida office market may rebound fastest [GlobeSt]
9. Houses go quickly at Brevard County foreclosure auction [Florida Today]
10. Real estate experts see advantages in purchasing foreclosed homes [Florida Today]
11. Lennar registers to sell up to $275 million in stock [Miami Herald]
12. Commercial land developer sentenced to 41 months in prison [Mortgage Fraud Blog]
13. U.S. housing market undervalued, report says [SFBJ]
14. Home equity lines of credit disappearing [NYT]
15. Architects taking on smaller jobs to make ends meet [NYT]
16. Home prices affordable again in much of U.S. [WSJ]
17. Foreclosures continue to rise as moratoriums end [Property Wire]
18. Is home ownership a burden? [Seeking Alpha]
19. Which REITs are a good investment now? [Seeking Alpha]
20. JPMorgan Chase, Well Fargo and Citigroup still buying “toxic” mortgage bonds [National Mortgage News]
21. Is mortgage insurance contributing to the foreclosure epidemic? [Realty Times]
22. Foreclosure scams feed on desperation [USA Today]
23. A third of sales are now of foreclosed properties, Freddie Mac says [CNBC]
24. What happens to tenants when landlords fail [Inman]
25. Americans need greater financial literacy, Bernanke says [USA Today]