Florida Lawmakers Aim to Speed Up Foreclosures

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Homeowners would be forced to quickly mount a defense to prevent foreclosure on their property under proposals that Florida lawmakers are considering to speed up the legal process in Florida’s still-recovering real estate market. The legislation would allow for fewer hearings and less likelihood of slowing down a final foreclosure judgment.

An attempt to speed up foreclosures in florida sparked outcry from both consumer advocates and bankers at a meeting in tallahassee thursday. lawmakers passed a measure that would attempt to speed up the foreclosure process, which now takes 853 days on average, by making a number of changes to the legal procedures governing the law.

An example is mentioned in this SRQ article-a concern that foreclosures will face more trouble when the courts hurry through the foreclosure process. Others feel it does not do enough in general to speed up the process that has Florida especially bogged down. Time will tell if this bill is a help or a burden in the Florida foreclosure process.

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(AP) — Florida lawmakers sent to Gov. Rick Scott on Friday a bill. It also creates a process for others besides mortgage-holders to ask the court to speed up foreclosure cases. Another key.

TALLAHASSEE – Homeowners would be forced to quickly mount a defense to prevent foreclosure on their property under proposals that Florida lawmakers are considering to speed up the legal process in.