The Real Deal Miami

Miami condo conversion goes for $49,000 per unit, three Broward residents charged with mortgage fraud scheme … and more

January 19, 2010 10:13AM

1. Miami condo conversion goes to Pennsylvania family for $49,000 per unit [Condo Vultures]
2. Partners defect at Miami bankruptcy and receivership law firm [SFBJ]

3. Developer sued over $8M mortgage balance on 300 Third condo and office project in Fort Lauderdale [SFBJ]
4. Even with Feds’ help, walking away an option [Palm Beach Post]
5. National Association of Realtors releases free iPhone app with property listings [Washington Post]

6. Three Broward residents charged with staw buying and mortgage fraud scheme [Mortgage Fraud Blog]

7. Fort Lauderdale’s Acqua Marina Residences hit with $4.7M foreclosure suit [SFBJ]
8. Mortgage broker pleads guilty to participating in mortgage fraud conspiracy [Mortgage Fraud Blog]
9. Goldman Sachs profits could flatten in 2010, while Morgan Stanley rebounds [Bloomberg]
10. This decade’s architects likely to focus on building efficiency rather than luxury [Washington Post]
11. Wells Fargo poised to post improved fourth-quarter results tomorrow [Bloomberg]

12. Some question whether mortgage principal reductions are the answer to foreclosure crisis [WSJ]
13. Critic slams Obama’s Home Affordable Modification Plan, says its doomed to fail [Zero Hedge]

14. Banks delay signing contracts on Treasury’s second mortgage mod plan [Bloomberg]