Florida Lawmakers Aim to Speed Up Foreclosures

 · It takes about 800 days to complete a foreclosure in Florida, and many legislators believe this agonizingly slow process is inhibiting Florida’s economic recovery. The backlog of pending foreclosures in Florida totals more than 375,000.

TALLAHASSEE, Fla. (AP) — For the second year in a row, Florida lawmakers on Wednesday debated a proposal to speed up the state’s residential mortgage foreclosure process and make it fairer to homeowners. But critics on the panel and in the audience, including former Lt. Gov. Jeff Kottkamp, raised.

– Parker and DuFresne Blog Florida Lawmakers Aim to Speed Up Foreclosures 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.A higher fico credit score can offer lower rates and access to competitive.

According to the Florida House of Representatives, the State of Florida has. as a result, Governor Rick Scott and the Florida Legislature want to minimize. Creates an alternative foreclosure proceeding intended to expedite the.. The NLR does not wish, nor does it intend, to solicit the business of anyone.

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Two Florida lawmakers want to expand protections for renters as the state's. measures SB 1794 and HB 1283, which aim to reform renters' rights and. The bill would require landlords to notify their tenants of a rent increase at least 30. a moratorium on evictions and foreclosures during natural disasters,

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Florida's foreclosure laws changed in 2013-both to the benefit and detriment of. The main goal of this law was to speed up the Florida foreclosure process. In some states, including Florida, the lender can seek a personal judgment (a.