Florida House bill would waive rights of some delinquent home owners
Lenders could bypass plenty of legal legwork when they foreclose on some homes, including abandoned houses, investment properties and vacation homes if a bill in the Florida House becomes law.
The law would create an “alternative foreclosure procedure” that lenders could impose on owners of non-homesteaded properties with values far below their mortgages or properties the lender deems to be abandoned.
Under the proposed procedure, delinquent owners would waive their rights to defend the foreclosure, allowing the lender to more quickly obtain a summary judgement to auction the property.
The owners would have 30 days from the date of the foreclosure filing to opt-out of the streamlined procedure. If they do object, the owner would have the right to fight the lender.
Although the proposed process wouldn’t apply to houses and condos that are primary residences, critics fear a loss of consumer rights and protections.
The Florida Fair Foreclosure Act, HB 1191, is sponsored by Rep. Kathleen Passidomo, R-Naples.
Read more about this here…
~
BOO!! They may under no circumstances be allowed to flout our property rights to steal any more from the American people to COVER UP FOR THE PONZI SCHEME HEIST OF OUR WEATLH. THE U.S. GOVERNMENT MUST FREEZE THE CRIMINAL’S OVERSEAS BANKSTER ACCOUNTS AND RETURN THE STOLEN MONEY BACK TO THE AMERICAN PEOPLE.!!! THEY ARE NO BETTER THAN KHADDAFI. THEY ARE JUST WEARING A MORE DEVIOUS DISGUISE. THEY ARE WHITE COLLAR CRIMINAL FINANCIAL TERRORISTS. A TERRORIST IS A TERRORIST NO MATTER WHAT DISGUISE THEY WEAR TO HIDE THEIR THEIR IDENTITY. RETURN THE STOLEN WEALTH AND HOMES BACK TO THE AMERICAN PEOPLE! RESCIND OUR FRAUDULENTLY INDUCED MORTGAGE LOANS! THEY ARE UNCONSTITUTIONAL.
Part of Kathleen’s surname is SO appropriate: “Majordomo – Definition and More from the Free Merriam-Webster …
a head steward of a large household (as a palace). 2. : butler, steward. 3. : a person who speaks, makes arrangements, or takes charge for another; …”
So Passidomo passed her vote t o the banksters and is now their Majordomo.
I hope this gives people ideas for a campaign slogan to kick Kathleen out of all state offices. Let her name get so connected with being the fraudsters Majordomo that she can not even get a role as a lobbyist.
Now I understand, they have a short fall of money and they may close the courts, some of them, so now they are going to introduce the non judicial foreclosure bill, which is less labor intensive and less expensive to take the house.
With the known problems with service of documents (sewer service as it has been called), this will just be another tactic the fraudsters use to get the homes without due process.
Obviously Passidomo believes the banksters can get her re-elected so she has sold her seat and vote to them.
It seems like the banksters and their minions like attorney Kathleen Passidomo forgot all about due process. Oh, that’s right, the banksters and their puppets don’t care about Constitutional rights or all of the people of Florida who have been victimized in the banksters’ crime spree.