The Real Deal Miami

Failed Florida condo loans hurting Chicago’s Corus Bankshares, half of mortgage borrowers nationwide will be underwater by 2011 … and more

August 07, 2009 05:27PM

1. Failed Florida condo loans hurting Chicago’s Corus Bankshares [Sun-Sentinel]
2. Watson Island’s luxury marina-resort seems to be succumbing to economic downturn [Miami Herald]
3. Class action lawsuit certified against attorney who collected foreclosure-related fees from Wells Fargo mortgage holders [Miami Herald]
4. A list of foreclosed condos recently listed in Miami [Miami Condo Investments]
5. Feds will open failed bank office in Florida next month [Condo Vultures]
6. Developer of Brickell on the River satisfies construction loan [SFBJ]
7. Broward school building safety inspections two years behind schedule [Sun-Sentinel]
8. Employers in Fort Lauderdale’s building department disciplined for pornographic e-mails [Sun-Sentinel]
9. Half of mortgage borrowers nationwide will be underwater by 2011 [CNNMoney]
10. New federal home valuation code hinders closings, real estate professionals say [Miami Today] 
11. Scammers targeting hard-hit families [MSNBC]
12. Home buying risks decline [Bloomberg]
13. Foreclosure wave is gaining momentum [Orange County Register]