Miami warehouse sells for $6.4M, Federal Reserve plans to scale back emergency lending programs … and more

1. Miami’s Tropical Paperbox warehouse sells for $6.4M [GlobeSt]
2. A look at W South Beach [Hotel Chatter]
3. North Miami community redevelopment agency wants to sell $70M in bonds [SFBJ]
4. Hearing scheduled on Chinese drywall class action suit [SFBJ]
5. Low-income families have a shot at low-cost housing in Allapattah [Miami Herald]
6. How the meltdown has affected Palm Beach County, Treasure Coast banks [Palm Beach Post]
7. Mortgage rates up slightly, Freddie Mac reports [SFBJ], [AP via USA Today] and [The Truth about]
8. Authorities, banks not stopping people from stripping foreclosed homes [Naples Daily News]
9. Federal Reserve announces plans to scale back emergency lending programs [USA Today]
10. Attitudes toward home ownership versus renting changing, survey says [WSJ]
11. Legislation for homebuyers is missing [Seeking Alpha]
12. Economy can only improve once housing prices do [WSJ]
13. Jobless claims rise, GDP falls at lower pace [AP via MSNBC]
14. FHA’s insured single-family mortgages rise 8 percent in April [National Mortgage News Online]
15. National Association of Realtors seeks suspension of the Home Valuation Code of Conduct [National Mortgage News Online]

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