Florida governor signs bill to speed up state’s foreclosure process

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GMAC Loses $5bn on Mounting Mortgage Woes  · BankUnited’s CEO Kansas Says U.S. May Lose a Third of Its Banks.. An outcry over questionable foreclosures by GMAC Mortgage and other lenders is likely to hit some states more than others because of major differences in real estate law across the nation.. BETWEEN THE HEDGES

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Florida law provides a procedure designed to speed up the foreclosure process in uncontested cases or in cases where the homeowner does not have a genuine defense. (To learn more, see Fast-Track Foreclosure Process in Florida .)

On June 7, 2013, Florida Governor Rick Scott signed into law House Bill 87, was created to speed up the foreclosure process, but in actuality,

Florida Fair Foreclosure Act is Now the Law by Sarasota.

"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 considered a response to Florida’s untimely foreclosure timelines, it’s a big shift that has attracted a great deal of attention.

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Home / 2013 / June / Florida governor signs bill to speed up state’s foreclosure process Kerri Ann Panchuk, Housing Wire 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.

(WFLA) – There are 12 constitutional amendments up for vote in Florida this year. It also deletes a constitutional provision saying a high-speed ground transportation system be developed in the.

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Governor signs foreclosure bill (HB 87) – What it means for your association? On Friday, June 7, Governor Scott signed House Bill 87 (HB 87) relating to Mortgage Foreclosures into law. What this mean for your association and a new weapon to fight stalled mortgage foreclosures..

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CloseUp:  Inslee says climate change is a top issue Gov. Scott told reporters, "It’s going to help make sure we have a timely foreclosure process so our families can make sure that they can keep their homes and make sure we get back to work. Home prices are up; new home construction is up, just like jobs are back." Florida has one of the nation’s highest foreclosure rates.