Florida Lawmakers Aim to Speed Up Foreclosures

 · 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.

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Florida’s governor signed a much-discussed foreclosure bill Friday, enacting a series of provisions aimed at speeding up the default process in the state.While the legislation is.

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Florida lawmakers keep trying to speed up foreclosures with a measure that has been debated and modified for four consecutive legislative sessions. The legislative track is taking nearly as long as a foreclosure. Florida is one of the hardest hit states by the national foreclosure crisis that peaked after the real estate collapse of 2008.

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Florida lawmakers passed a measure in attempt to speed up the foreclosure process by making a number of changes to the civil procedures governing the law. Currently, once a foreclosure goes through, a lender has up to 5 years to pursue the homeowner for the windfall between what the homeowner owed on his or her [.]

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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The controversial Florida law intended to whisk foreclosures through court has instead led thousands to pile up, prolonging the agony of the.

Florida lawmakers are working to pick the state’s sinking housing market back up. One proposal to do that would speed up the judicial process of foreclosures, but regan mccarthy reports some worry a move like that could strip homeowners of their rights. Florida was hit.

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