Oct 26 (Reuters) – U.S. housing finance giant Fannie Mae FNMA.OB has paused mortgage foreclosure work that was previously referred to a Florida law firm under investigation by state officials, the.
In Florida, a steep drop in mortgage foreclosure filings is delivering a wallop to the courts. The state collects filing fees of $400 to $1,905 for each foreclosure claim, according to this story in.
But Butler & Hosch apparently bit off more than it could chew. Stressed as well by a drop in foreclosure filings and pressure in the Florida court system to reduce a backlog of foreclosure cases, it.
In the week before Florida Gov. Rick Scott’s deadline to sign a bill that would speed up the state’s residential mortgage foreclosure process, bank employees flooded his inbox with a form letter.
The memo, first reported by Bloomberg news service, comes at the same time the Tampa-based Florida Default Law Group has been withdrawing legal affidavits in its gmac foreclosure cases under "candor.
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Watson in Fort Lauderdale, Shapiro & Fishman in Tampa, and the Law Offices of David J. Stern in Plantation — are among those that handle the vast majority of foreclosures in the state. Another.
Nonetheless, the litigation surrounding foreclosure cases is anything but diminishing. to charge for its attorney fees and costs to do same. Florida courts have adopted the common law “american.
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· In 2013, the State Legislature took steps to remedy the slow pace and mounting backlog by passing House Bill 87, also known as the florida fair foreclosure Act (FFFA). The bill expanded the foreclosure process, thereby making it impossible for Fort Lauderdale and Hollywood homeowners to recover their property after a judgment lien in certain instances.
. trying to figure out what happened but said his questions to Bank of America and to the law firm Florida Default Law Group that handled the foreclosure have not been answered. Florida Default Law.
Watson, the head of a foreclosure firm in Fort Lauderdale, are being investigated by both the bar and McCollum’s office. The Attorney General also is investigating Shapiro & Fishman LLP, with offices.
With a flurry of signatures Friday, Florida Gov. Ron DeSantis approved at least seven pieces of legislation that will leave a mark on Florida’s legal system. Here’s what you need to know: From July 1,