Florida Lawmakers Aim to Speed Up Foreclosures

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Florida lawmakers never voted on a chance to speed up the foreclosure process for Fannie Mae, Freddie Mac and the taxpayers who support the mortgage giants. The Florida House approved a bill in.

TALLAHASSEE, Fla. (AP) — For the second year in a row, Florida lawmakers on Wednesday debated a proposal to speed up the state’s residential mortgage foreclosure process and make it fairer to homeowners. But critics on the panel and in the audience, including former Lt. Gov. Jeff Kottkamp, raised.

The only problem was 90,000 qualified and wanted to sign up. So the state held a lottery. to determine if they are eligible for the tax credit." Ben Goad in The Hill. Florida runs out of time to.

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And some lawmakers worry that not doing anything now will create problems down the road. Rep. Tricia Farley-Bouvier (D-Pittsfield), who is sponsoring a bill, said the state “played catch up” when it .

Recently, Florida lawmakers passed a plan to begin fast-tracking foreclosures as well as some alternative plans for spending Florida’s $200.

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