HB 87: Florida Homeowners Win on a “Loss” as Banks Scramble to Comply with New “Law”

Star Chamber Unfair

Homeowners get another break as banks scramble

Palm Beach County’s foreclosure filings were down again last month as the state’s new foreclosure law continues to stymie lenders.

Just 547 new foreclosures were filed with the Palm Beach County Clerk of Court’s office in September, down from 578 in August and 1,125 from September 2012.

September was the third full month for the law, which was dubbed the fast-track foreclosure law because it allows any lienholder to request a quickie court proceeding.

But the legislation, which took effect July 1, also requires to lenders to have the notes when they file the foreclosure, or provide proof of how and when the note was lost.

– See more at: http://blogs.palmbeachpost.com/realtime/2013/10/09/pb-county-homeowners-get-another-break-as-banks-scramble



4 Responses to “HB 87: Florida Homeowners Win on a “Loss” as Banks Scramble to Comply with New “Law””
  1. Claudia Mas says:

    Can’t hardly wait for August 28th, when WPB Judge Nancy Perez is to issue her findings on Atty. David J. Stern’s Ethics Bar Trial. :SU CASA MI CASA. What an idiot. Well, I dont hold much hope on the authorities anylonger and much less in our justice system.

  2. yvonne says:

    calling the AG names…

  3. yvonne says:

    And to see how many were against it in progress and panicking…and calling the

    • j Alonzo says:

      The reason everyone was in a panic was that bill was initially proposed with a different twist. Then it had to be tweeked so many times that eventually what became law was a huge mix bag of a mess. Our politicians may serve the banks, but they are lazy and sloppy. In the end this bill is a great example of it.

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