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WJHG | “A fast-track foreclosure will shorten the length a homeowner has to fight a bank. Governor Scott signed the Republican-driven bill and it is now the law in Florida. “It’s going to make sure we have a timely foreclosure process. So our families make sure they can keep their homes,” said Governor Rick Scott. Scott saysRead 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

By Dan Levy & Heather Perlberg | “Home repossessions in the U.S. jumped 11 percent in May after declining for the previous five months as rising prices and limited inventory for sale across the country spurred banks to complete foreclosures . Lenders took back 38,946 homes, up from 34,997 in April, according to Irvine, California-based data firmRead more

HispanicBusiness.com | “A foreclosure bill emerged from Florida‘s legislature and found its way to the governor’s desk. The new law expedites foreclosures on abandoned properties and reduces the window of time for lender to obtain a deficiency judgment. Florida Gov. Rick Scott was busy on Friday, signing 34 state bills into law — including a bill knownRead more

Drew Harwell | Times Staff Writer | “Suffer a foreclosure abuse while losing your home? How does $1,480 sound? That’s how much 72,000 Floridians will receive from a big bank settlement, Attorney General Pam Bondi said Tuesday. The $106 million in checks will be split among homeowners who filed claims of wrongdoing after their foreclosure betweenRead more

By Mary Shanklin, Orlando Sentinel | A homeowner-advocacy group is pressuring Florida Gov. Rick Scott to veto a bill that would expedite foreclosures in the state starting July 1. The new state law would allow banks to complete foreclosures without court hearings, unless a homeowner requests to have a specific case heard by a judge.In the past, allRead more

Drew Harwell, TampaBay Times Staff Writer | “Half a decade since the housing bust, many foreclosures are showing their age.A quarter of cases now in Hillsborough court are at least 3 years old. So who’s keeping Florida’s more than 350,000 pending foreclosures in court?Judges largely blame the banks. State court data show banks regularly delay casesRead more

By: Amy Green | May 13, 2013 | WMFE – A consumer advocacy group is calling on Gov. Rick Scott to veto legislation aimed at accelerating the foreclosure process. Advocates say the bill should focus on banks and funding for judges, not homeowners. The bill allows more parties – like homeowners and condominium associations –Read more

A few lenders are offering loans to borrowers with damaged credit. But, unlike during the boom, they are asking for big down payments and lots of documentation. By Teresa at MSN Real Estate They’re ba-ack. We don’t mean ghosts. But some may see the ghosts of the real-estate crash past in the reappearance of subprime loans.Read more

  “TAMPA — Tampa Bay posted the nation’s fourth-highest foreclosure rate last month as the sludge of bad home loans continues to gum up local courts, RealtyTrac data released today show. More than 5,000 notices of mortgage default, foreclosure auction or repossession were sent across Tampa Bay last month, a 23 percent jump over lastRead more