Florida Lawmakers Aim to Speed Up Foreclosures

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TALLAHASSEE, Fla. (AP) — The Florida House voted overwhelmingly Monday to speed up the residential mortgage foreclosure process in a state that was swamped by a rising number of homes taken back by banks during the housing crisis. Rep. Kathleen Passidomo, R-Naples, said her bill preserves due.

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TALLAHASSEE (CBS4)- With Florida atop or near atop the list of foreclosure-ridden states, lawmakers on Thursday began looking again at ways to speed up the handling of foreclosure cases that now.

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Homeowners would be forced to quickly mount a defense to prevent foreclosure on their property under proposals that Florida lawmakers are considering to speed up the legal process in Florida’s still-recovering real estate market. The legislation would allow for fewer hearings and less likelihood of slowing down a final foreclosure judgment.

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.

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.