Homeowners who lose their home in a fraudulent foreclosure won’t be able to get it back once the bank has sold it to someone else, if a bill passed by Florida’s House of Representatives today becomes law.  The bill, aimed at speeding up the processing of foreclosures through the Florida court system, would also restrict the right of banks to pursue additional claims after foreclosing on borrowers, reducing the window for filing such claims from five years to one year. Florida lawmakers have been attempting to reform the state’s foreclosure process for three years, and the Senate could still derail the latest attempt.  Source: The Miami Herald.

Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription