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“HARP Mortgage Lenders, a national network of mortgage professionals who are approved for the Home Affordable Refinance Program , reported that recent Florida foreclosure rates are improving, but some counties are still swimming in waves of foreclosures and HARP 2.0 may just be the solution to their problem. According to RealtyTrac (the leading online marketplace for foreclosure properties and real estateRead more

MortgageOrb.com | “After five consecutive months of steady decline, the delinquency rate for U.S. home mortgages spiked nearly 10% in June, month over month, according to Lender Processing Services’ (LPS) “First Look” Mortgage Report. The total U.S. loan delinquency rate (loans 30 or more days past due but not in foreclosure) reached 6.68%, an increase ofRead more

Ben Hallman | Huffington Post | “Like millions of Americans who tried to stave off foreclosure in recent years, Lanette Worles says her bank repeatedly lost vital paperwork she submitted, scuttling her chance at saving her home. Now, as Worles attempts to collect on a legal settlement intended as a remedy to just this type of practice, sheRead more

by Kim Miller | “The number of foreclosed homes that have been abandoned by their owners is by far the highest in Florida with 55,503 properties sitting empty and in some stage of a bank takeover. That’s 33 percent of the national total with Illinois coming second with 17,672 vacant and foreclosed homes. In aRead more

Gray Rohrer | “Florida has more vacant homes in foreclosure than any other state in the nation, easily beating out other large states with troubled housing markets, according to a report released Thursday by RealtyTrac, a California company that tracks distressed properties. There are 55,503 housing units in foreclosure in Florida that are vacant. That’s 33Read 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

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

WinkNews | WASHINGTON, D.C.- U.S. Sen. Bill Nelson (D-FL) wants federal regulators to investigate and crack down on the mortgage industry’s inaccurate reporting of short sales as more financially harmful foreclosures in many consumers’ credit reports. The Florida Democrat represents a state that continues to be one of the worst in the nation for theRead more

Julie Schmit, USA TODAY | Foreclosure activity in April fell to its lowest level in 74 months, but action is ramping up in some states, says a national foreclosure tracker. In April, one of every 905 U.S. housing units received a foreclosure filing, market watcher RealtyTrac says. That was the lowest level since February 2007Read more

By ASSOCIATED PRESS |   “TALLAHASSEE — With tens of thousands of foreclosure cases clogged in the state’s courts, the Florida Supreme Court is signing off on a plan to use lawyers — and not judges — to handle them. The court on Thursday issued an order that will allow chief judges across the state to use “generalRead more