Icahn and Beal poised to acquire Trump Entertainment Resorts senior debt, waterfront luxury home sector losing grip on sky-high prices … and more

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1. Icahn, with Beal, poised to make a move to acquire Trump Entertainment Resorts senior debt [The Deal]
2. Waterfront luxury home sector losing grip on sky-high prices [South Beach Condo Blog]
3. Carbon monoxide poisoning for foreclosure victims using indoor gas generator [NBC Miami]
4. Fed balance sheet shows banks’ reliance on government, even without TARP [Business Insider]
5.
MBS purchases by Fed are now 85 percent complete [Calculated Risk Blog]
6. Building materials will continue to see low demand next year [Housing Wire]
7. Shares of Fannie and Freddie soar on speculation [The Street]
8. New Home Affordable Modification Program participants bring servicers list to 88 [Housing Wire]
9. Bank of America vows to ramp up lending by $5 billion in 2010 [American Banking News]
10. Pulte gives up $250M in available debt in new agreement with lenders [The Street]
11. The Donald gets personal with 20 questions [Financial Times]

12. FDIC shutters three more banks, bringing total 2009 closures to 133 [American Banking News]
13. Amendment to potential Consumer Financial Protection Agency targets reverse mortgages [National Mortgage News]
14. Fed Governor says “roadmap” needed for Fannie and Freddie [The Real Estate Bloggers]
15. November foreclosure figures signal possible future recovery [The Mortgage Reports] 
16. Zell, Sternlicht say private equity has come back to the market [GlobeSt]
17. When looking at a home as an investment is a good thing [Seeking Alpha]