Articles tagged with: Florida foreclosures
Foreclosure news »
Florida lawmakers want to make it easier for banks to foreclose on abandoned properties as well as make lenders complete foreclosures faster.
Florida is one of the worst hit states with 360,000 foreclosure cases still winding through the courts. The average foreclosure takes about two years to process in Florida with many cases taking three or even four years.
The bill’s sponsor in the Florida House of Representatives, Kathleen C. Passidomo, stated, “We have a lot of property that needs to get back in the stream of commerce and borrowers who need …
