The Real Deal Miami

Homeowners turning to “strategic defaults” … and more

October 01, 2009 09:21AM

1. North Palm Beach to open new $500,000 tennis center this weekend [Palm Beach Post]
2. SLS hotel set for Miami in 2011 [Hotel Chatter]
3. Four-decade-old furniture store to close in Miami [Miami Herald]
4. Some turning to “strategic defaults” as mortgage strategy [Bloomberg]
5.
Senate looks to ramp up mortgage fraud prosecution efforts [The Real Estate Bloggers]