Senator requests fed probe of misleading credit reports

WinkNews | WASHINGTON, D.C.- U.S. Sen. Bill Nelson (D-FL) wants federal regulators to investigate and crack down on the mortgage industry’s inaccurate reporting of short sales as more financially harmful foreclosures in many consumers’ credit reports. The Florida Democrat represents Continue reading

Foreclosure activity reaches 6-year low

Julie Schmit, USA TODAY | Foreclosure activity in April fell to its lowest level in 74 months, but action is ramping up in some states, says a national foreclosure tracker. In April, one of every 905 U.S. housing units received Continue reading

Florida court OKs using lawyers, not judges, to handle foreclosures

By ASSOCIATED PRESS |   “TALLAHASSEE — With tens of thousands of foreclosure cases clogged in the state’s courts, the Florida Supreme Court is signing off on a plan to use lawyers — and not judges — to handle them. The court on Continue reading

Florida still leading nation in foreclosures

By John Hielscher | Florida again led the nation with the highest percentage of homes in foreclosure in March, according to a new report. Facts HIGHEST PERCENTAGE: 9.7% of state’s homes were in such distress in March The state’s foreclosure inventory — Continue reading

Millions doled out for new housing, foreclosures

NEWS SERVICE OF FLORIDA | Two hundred million dollars from banks would go for various housing programs, and to help the homeless, under legislation passed Tuesday by the Florida House. The money was earmarked from the national mortgage settlement. Bank of Continue reading

Advocates Call for Veto of Bill Accelerating Foreclosures

By: Amy Green | May 13, 2013 | WMFE – A consumer advocacy group is calling on Gov. Rick Scott to veto legislation aimed at accelerating the foreclosure process. Advocates say the bill should focus on banks and funding for Continue reading