The Real Deal Miami

20,000 underwater homeowners expected at five-day loan modification marathon … and more

February 25, 2010 10:23AM

1. 20,000 underwater homeowners to descend on Palm Beach for five-day loan modification marathon [Palm Beach Post]
2. Lawmakers planning to introduce bills allowing property insurers to raise Florida rates [Sun Sentinel]

3. Fraudster’s family to keep Sarasota home while $162M in other assets seized [AP via NYT]
4. Sunrise commissioners quash recycling plant plan after community protest [Sun Sentinel]
5. Car owners may be more likely to default on homes, report suggests [Inman] 

6. Bernanke testifies that interest rates will stay low for a while [Post]
7. Forget models: new computer program said to transform 2-D building pictures into 3-D [NYT] 

8. Rate of lending drops sharply [WSJ]

9. Geithner says Fannie and Freddie plans won’t be made public till 2011 [WSJ] 

10. Drop in new home sales could hit builders hard [Forbes]