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

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The bill makes several revisions to the show cause process. The bill provides that after filing a complaint, the plaintiff may request an order to show cause for the entry of final judgment, and the court must immediately review the request and the court file in chambers without a hearing.

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Read on to learn more about these changes affect Florida homeowners facing foreclosure. house bill 87 Changed Florida Foreclosures. In Florida, foreclosures are judicial, which means the lender must file a lawsuit in state court. The lender initiates the process by filing a complaint with the court and having it served to the borrower, along with a summons. If you lose the case, the court will enter a judgment of foreclosure and the property will be sold to satisfy the debt.

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.

FBI Mortgage Fraud Investigations Jump 400% in Five Years Mortgage fraud investigation by the FBI nets hundreds – Jun. – "Operation Malicious Mortgage," the investigation by the FBI and Justice Department, began March 1, government officials said. It resulted in 144 fraud cases in which 406 defendants were charged.

And even if the foreclosure process has already begun, the FTC and its law. " We have special relationships with banks that can speed up the approval process.". con artists give you papers they claim you need to sign to get another loan to make. Get the name of each attorney who'll be helping you, the state or states.