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By Les Christie | @CNNMoney | “The long national foreclosure nightmare is nearing its end, with foreclosure filings hitting their lowest level since before the housing bust.   Total foreclosure filings, including notices of default, scheduled auctions and bank repossessions, dropped to 127,790 in June, down 35% over the past 12 months, according to RealtyTrac. Overall, filings haveRead more

Al Sunshine | Checks earmarked for thousands of Florida foreclosure victims are finally in the process of being sent out and hundreds of millions of additional dollars more are being earmarked for new housing programs statewide. Yet there is a growing debate about where most of the money is going and if foreclosure victims are reallyRead more

BY: ESTHER CHO | “As Fannie Mae and Freddie Mac continue their efforts to prevent millions of foreclosures, delinquency rates are also declining, with 60-plus delinquencies down to the lowest level since the first quarter of 2009, according to a report from the Federal Housing Finance Agency (FHFA).    So far, efforts from the GSEs have led to nearly 2.8 millionRead more

Huffington Post | “My father arrived in this country from Europe in the late 1940s with a love of all things American but was especially fond of the post-war boom in emerging technology. To satisfy this hunger, he bought himself a new-fangled Webcor reel-to-reel tape recorder replete with a throbbing green “magic eye” (to monitorRead more

TampaBay Newspapers | CLEARWATER – “One judge’s caseload will be distributed to other Civil Division judges so that he can work fulltime on clearing the more than 16,000 foreclosure cases that are backlogged in Pinellas County. Effective Sept. 1, Circuit Judge Thomas M. Minkoff’s court dockets and calendars will be filled with foreclosure cases that wereRead more

winknews.com | “RealtyTrac® (www.realtytrac.com), the leading online marketplace for real estate data, today released a report showing that as of June owners had vacated 167,680 foreclosure properties nationwide, representing 20 percent of all U.S. properties in the foreclosure process. These owner-vacated foreclosures are in addition to 544,274 bank-owned homes nationwide that have been foreclosed onRead more

Posted by Kerri Ann Panchuk | “When Florida’s Governor Rick Scott signed House Bill 87 – the so-called foreclosure Rocket Docket bill – he had no idea he was opening another can of worms and potentially giving foreclosure defense attorneys more tools in their arsenal to delay foreclosures. The bill was passed into law to deal withRead more

  Article By: Alexander Dobrev | “House Bill 87, also known as the Florida Fair Foreclosure Act, has successfully made its way through both chambers of the legislature, ordered “enrolled” as of the date of this writing, and should be on its way to the Governor’s desk in the very near future. So what does thisRead more

By Lauren Carroll, Times Staff Writer | “Homeowners facing foreclosure should prepare for speedier judgment than they might expect. Last week, Gov. Rick Scott approved legislation intended to expedite the foreclosure process, which led the Pinellas-Pasco Circuit to make changes that will affect lenders and buyers. Currently, the average Florida foreclosure case lasts about 900 days. ChiefRead more

Reported by: Amanda Warford | JACKSONVILLE, Fla. — “Look around, there’s probably a foreclosure in your neighborhood, and those homes can sit empty for years due to a huge backlog in Florida courts. Since 2008, when the average foreclosure took five months, the process has been known to last as long as 814 days. This week, Gov.Read more