This week, Florida Housing announced the expansion of a federal foreclosure prevention program called the “Hardest Hit Fund” throughout the State of Florida. On Monday, April 18, 2011, Florida homeowners facing possible mortgage foreclosure will be able to apply …
Hardest Hit Fund will Help More Floridians Avoid Foreclosure Read more »
In fact, in 2010, the Sixth Judicial Circuit used federal stimulus money to hire retired judges to expedite the summary judgment process and set quotas for closing out pending residential foreclosure actions.
While this may be an effective way to clear the backlog of cases created by the throng of foreclosure lawsuits and ease the strain on the judiciary, the banks could have easily prevented this bottleneck by waiting to file suit until their paperwork was in order and until they had complied with all conditions and procedures under federal and Florida law.
In the late summer of 2008, many working families watched their livelihood disappear and the American dream slip away. The harsh realities of the sub-prime mortgage crisis left countless facing home foreclosure and eviction. Shockingly two veteran Real Estate investors in Baltimore Maryland have sought to make profit from the misery of countless local households.
