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South Florida

Mortgage lender reaches agreement with Florida and other states, restructuring firms try to salvage Lehman Brothers … and more

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1. Mortgage lender Taylor, Bean & Whitaker reaches agreement with Florida and 13 other states [SFBJ]
2. Palm Beach County home sales stay steady, prices fall in May [Palm Beach Post]
3. WCI Communities sells interest in Miami Beach’s Regent Bal Harbour hotel [Sarasota Herald Tribune]
4. Lawyer who defends homeowners against foreclosure suing cold medicine manufacturer, alleging medicine took away his sense of smell [Sun-Sentinel]
5. Shifting mortgage rates cause problems [FAR]
6. How restructuring firms are trying to salvage what’s left of Lehman Brothers [Crain’s]
7. Foreclosure starts for Fannie Mae, Freddie Mac mortgages increase [Inman]