The $1 billion Brickell City Centre, currently under construction, will house condos, a hotel and a retail and entertainment complex. Condo projects are booming in Miami, financed mostly by foreign buyers.
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November 29, 2014 After the bust of the Great Recession, construction cranes once again tower over Miami. The transformation masks a difficult reality: This flashy city also remains one of the nation's poorest.
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June 17, 2014 The bank's mortgage-lending subsidiary agreed to pay $968 million and acknowledged that it failed to comply with federal requirements for processing FHA loans.
JPMorgan Chase & Co. says it will pay a $4.5 billion settlement to investors over mortgage-backed securities.
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November 15, 2013 Institutional investors accused the bank of misrepresenting the true value of mortgage-backed securities, many loaded down with subprime loans.
A "sold" sign outside a home in Pasadena, Calif., in September 2009. New data show fewer such sales that year.
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December 21, 2011 While it says sales of existing homes rose 4 percent in November from October, the National Association of Realtors also reported today that there were about 2.9 million fewer homes sold from the start of 2007 through the end of 2010 than thought.
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