Regulators will set commercial loan modification guidelines … and more

1. Regulators will set commercial loan modification guidelines [Bloomberg]

2. Land prices hold off builders’ recovery [WSJ]

3. Commercial lender CIT Group CEO resigns [Crain’s]

4.German insurer looks for bargains in U.S. commercial real estate[Bloomberg]
5. Starwood CEO eyeing Corus look-a-like in Midwest [Reuters via Condo Vultures] 
6. Vulture firms adjust strategies in response to home builder activity [Herald-Tribune]