Luxury home sales plummet in Miami Beach … and more

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1. Luxury home sales plummet in Miami Beach [Miamism]
2. North Bay waterfront home takes $7M price cut after three years on the market [South Beach Condo Blog]
3. Developers are the real winners in Miami Beach [Miami Herald via Random Pixels]
4. Freddie Mac announces warehouse lending pilot program [National Mortgage News]
5. Banks face writedowns on $55 billion in mortgage servicing [Bloomberg]
6. 110 Tower owner invests $31 million in green renovations [GlobeSt]