Inside Lending Vision and Action- Inside the Consumer Lending Summit. As financial institutions approach the turn of yet another decade, the lasting effects of the recession have continued to have an impact on our economy. Regulators have imposed substantial new obligations.

Dreams for Sale: Florida's Foreclosure Crisis One option is a foreclosure sale under Article 9 of the Uniform Commercial Code.. A cooperative article 9 sale, or a friendly foreclosure, is quick, cost-effective,

Florida’s foreclosure mess is made murkier by what analysts and lawyers. They wanted to speed the process up because the faster they get the foreclosures done the better.” But Mr. Stern said: “I.

Before he was born, she had to leave her childhood home in the Gas Plant area when the neighborhood was bulldozed to build the Florida Suncoast Dome in the late 80s. In recent years, he’s seen his.

2nd mortgage loans mortgage payments uk mortgage florida Maher Obagi, 32, of Huntington Beach, was sentenced to 78 months and was ordered to pay more than $10 million in restitution. The second man, Mohamed Salah. To pay for the mortgages, authorities.

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Florida’s "Faster Foreclosure" Law = "Slower And Less Foreclosures" (Told You So!) The controversial Florida law intended to whisk foreclosures through court has instead led thousands to pile up, prolonging the agony of the state’s housing crisis, new court data show..

The problem cuts across social and economic lines, said Francisco Mago, owner of Xima USA, a search site for homes in foreclosure in 19 Florida counties. Isles is one area where the wealthy are.

The real estate market has been crippled by a glut of foreclosed properties with an estimated 368,000 foreclosure cases working their way through the Florida courts. In February, RealtyTrac noted an increase of almost 53 percent for South florida foreclosure filings compared with the same period in 2011.

There’s a backlog of cases in Florida courts because in 2010 some bank. state takes an average of 603 days from the time of a foreclosure filing, though many now are happening much faster -.

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RealtyTrac reports that Florida was the state with the highest foreclosure. Across the nation on average, the foreclosure process is getting faster after peaking at an all-time high of 615 days in.