Florida Lawmakers Aim to Speed Up Foreclosures

Florida’s foreclosure courts have made almost no progress in clearing an overwhelming backlog of cases from their dockets despite a $4 million stipend awarded by lawmakers this year. As of Oct.

Florida Foreclosures: Another Disputed Plan to Speed Up Process January 5, 2013 staff 0 comments A proposal to speed up foreclosures in Florida, which now has the nation’s highest foreclosure rate, has surfaced that is similar to a controversial plan axed last year after consumer advocates protested.

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Foreclosures in reverse mortgages climbed to more than 3,600 a month last year, up from less than 500 a month in prior. a subject of correspondence in recent months between Carson and lawmakers.

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Florida became the nation’s No. 1 state for foreclosures last year, and the rising mortgage delinquency rate has caught the attention of lawmakers. One measure being considered would speed up the.

Kansas lawmakers, for example, considered a similar provision to. These common-sense initiatives will help slow outsourcing and speed up insourcing.” Outsourcing – which many businesses have used.

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Florida ends Hardest Hit programs early with millions in foreclosure relied funds unspect.. A federal program aimed at helping struggling homeowners keep. deployed quickly to help speed up Florida's recovery from the crash and. ” Unfortunately, Governor Scott and Republican legislators dragged.

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An example is mentioned in this SRQ article-a concern that foreclosures will face more trouble when the courts hurry through the foreclosure process. Others feel it does not do enough in general to speed up the process that has Florida especially bogged down. Time will tell if this bill is a help or a burden in the Florida foreclosure process.

Florida lawmakers never voted on a chance to speed up the foreclosure process for Fannie Mae, Freddie Mac and the taxpayers who support the mortgage giants.. The Florida House approved a bill in.