SB 1890 | Senate Committee Adopts Speedy Foreclosure Bill

Senate committee adopts speedy foreclosure bill

by Kim Miller

The Senate Judiciary Committee approved this morning its version of a quickie foreclosure bill that would reduce the amount of time a bank could pursue a homeowner for back debt, and aims to rapidly churn through cases where a home is abandoned.

The 5-2 vote in favor of Senate Bill 1890 adopted much of the language in a similar House proposal, and moves it to the next Senate committee. Sponsors said it has two more committee stops in the Senate and one in the House.

Opponents of the bill say that while the intent is to hasten foreclosures on abandoned homes, it will trample due process rights and put more onus on the homeowner to disprove the bank’s case and on judges to ferret out bogus documents.

Also of concern is that homeowners who lose their home in a fraudulent foreclosure would be limited to monetary reparations, rather than having their property rights restored, and the bill would allow any lien holder to pursue a faster foreclosure.

Lynn Drysdale, an attorney with the Jacksonville-area Legal Aid Society, said the bill is unnecessary because banks already have the power to foreclosure more quickly on an abandoned property, but choose not to.

Rest here…

Copy of the latest bill below…

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4closureFraud.org

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SB 1890

Comments
12 Responses to “SB 1890 | Senate Committee Adopts Speedy Foreclosure Bill”
  1. Gene says:

    Clarification: 1890 begins at 19:33

  2. Gene says:

    YOU MUST SEE IT FOR YOURSELVES:

    Video of today’s Senate Judiciary Committee hearing at http://www.flsenate.gov/Media/VideoPlayer.cfm?VideoPath=201202/sjud_022012.mp4

    Fast forward about 30 minutes to get to S1890.

    One senator had the audacity to judge people facing foreclosure, saying something to the effect “I know none of us (senators) would ever allow something like this to happen to us” (referring to any financial distress, much less financial devastation leading to BK or foreclosure). What gall!

  3. lvent says:

    RT NEWS REPORTING 1 IN 13 AMERICANS HAVE WOKEN UP OR HAVE BEEN FORCED INTO NOT PAYING THEIR FRAUDULENTLY INDUCED MORTGAGE AND ARE NOW IN FRAUDCLOSURE…..LOOKS LIKE PRETTY SOON , IF NOT RIGHT NOW, THAT WOULD MEAN THAT NO ONE IS IN FRAUDCLOSURE…..!!!!

  4. Bobbi Swann says:

    I watched the entire session – start to finish. For one thing, that (chairperson) Florres- just where in the world did she come from? I mean, rude and obnoxious is too polite! While she allowed all the time in the world for the proponents of the bill she kept interrupting all those who opposed it and down right cut some of them off to the point of saying to Drysdayle – “ok, you’ve got 10 seconds!” at the point where Lynn was making the point about the banksters being the problem; not homeowners! We need to motivate those who voted against the bill to see where so many of our constitutional rights will be violated with this bill…2 of them already see it! It was clear that 2 others are sitting on the fence but seem AFRAID to oppose…wonder why? One of them even mentions the banks’ attorneys being held responsible for the mess…well, how about the banks themselves being held accountable??? We need to put the pressure on those 5 remaining. This bill is bad stuff and if we don’t get it defeated we are once again losing more and more of our property rights and our own individual rights under the constitution.

    • incognito123 says:

      Bobbi, I was there and am going back to the house judiciary, and anyone else that can make the trip MUST DO SO!!!! It will be heard @ 8AM Wednesday morning (UGH!!!!! I HATE MORNINGS) in the Florida House Judiciary Committee 404 HOB (think that means House Building)

  5. lvent says:

    ALERT…RT NEWS REPORTING ….RON PAUL IS SAYING SNEAKY FASCISTS FROM WITHIN AMERICA ARE BANKRUPTING AMERICA IN ORDER TO STEAL EVERYTHING FROM THE PEOPLE IN ORDER TO STEAL OUR NATIONAL SOVEREIGNTY FOR THEIR CRIMINAL ELITE OWNERS…..WHO ARE THE NAZIS..!!!!

    • j Alonzo says:

      Ron Paul is a true Patriot. Its to bad the American Sheeple are still being mind fucked by the Republican Neocons and the corrupt Democrats that are in favor of trampling on are civil rights.

      • lvent says:

        J.Alonzo..I liked what Ron Paul said today…CaitlinO……in regards to your remark, as usual I am not entirely sure WTF you are talking about, as is usally the case …..your comments are kinda like Ben Bernankes….vague….or to coin a phrase things that make you go hmmmm…Just in case you were referring to Ron Pauls awesome and truthful remarks today, reported by RT NEWS….All I can say to that sprinkling of the truth is, to me, that proves America is finally waking up….and to Ron.Paul and RT News I say…BRAVO…!!! We need a lot more of the truth ….and we need to put an end to the secrets, lies, deceptions and fraud….So Caitlin please let us know what you think is wrong with America…but please try to keep it real because secrets, lies and deceit are what put us all here and some real evil people…..I have a name for what they do……– USE I
        MORAL AND EVIL TACTICS TO DEFRAUD MANKIND OF EVERYTHING….and my name for them…SPAWNS OF SATAN……….WHO ARE MOSTLY THE MORALLY WEAK OR EVEN THE MORALLY BANKRUPT…. So please dont think for a minute that your College brainwashing can outsmart or outwit us because our bell has already rung enough times in fact, we are way beyond that tactic….In fact most of us already know all about the evil Ideology and the Methodology of Satan himself that preys on the weaknesses of human beings and they use those moral weaknesses to brainwash people in Colleges all across America……to use on all of us…….So lets try and get back to the basics of what America was supposed to be founded on….Things like….Truth…Freedom….Independence…Justice…..Liberty….Prosperity….AKA….THE AMERICAN WAY…GODS WAY..

      • J. Alonzo says:

        What I mean is. Freeeeeeedooooom! Ron Paul Revolution 2012!

      • Gene says:

        Aye, I want peace and a safe place to grow crops and raise my family… but we must fight for it or die trying.

    • CaitlinO says:

      Yeah, that’s what’s wrong with America .

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