The Real Deal Miami

13 South Florida post offices could face closure, Broward County seeks stimulus funds … and more

July 31, 2009 06:41PM

1. 13 post offices in South Florida could face possible closure or
consolidation, says the USPS [Sun-Sentinel]
2.
Palm Beach County Circuit judge upholds injunction against foreclosure
rescue firms [Palm Beach Post]
3. Miami’s 15-story Jenny Tower faces foreclosure auction [South
Florida Business Journal
]
4. Judge agreed to review ballot measure to
protect local playhouse from demolition [Palm Beach Daily News]
5. Survey shows only 10 percent of commercial real estate professionals
expect recovery within the year [South Florida Business Journal]
6. State says Florida property values not as bad as March forecast
predicted [Miami Herald]
7.
Gucci store signs lease for 4,500-square-foot space at Palm Beach’s
150 Worth Avenue [Palm Beach Daily
News
]
8. New report shows 19 of the 20 markets with the top foreclosure rates
are in Florida [WSJ]
9.
Survey of state and local consumer complaint agencies show mortgage-related
complaints most troubling in 2008 [Sun-Sentinel]

10. Broward County officials seek stimulus funds to complete $328 million
courthouse [Sun-Sentinel]
11.
Second-quarter mortgage refinances will reduce payments over the next year by
$3.4 billion, Freddie Mac report shows [The Truth about Mortgage]12. Vornado hopes key bond sale could lead to TALF participation [WSJ]
13.
FHA loan-holders now allowed to receive aid under the Making Home Affordable
program [The Truth about Mortgage]
14.
Deutsche Bank CEO Josef Ackermann says defaulting borrowers will perpetuate
financial crisis [Bloomberg]
15. 15- and 30-year fixed mortgage rates made modest climb, Freddie Mac
says [The Truth about Mortgage]
16. Congress to begin work on possible Consumer Financial
Protection Agency in September [Washington Post]