Foreclosures a legislative concern again

TALLAHASSEE, Fla. – Nov. 18, 2011 – Florida lawmakers on Thursday began looking again at ways to speed up foreclosure cases that now can take two years or more to wind their way through state courts.

Florida’s requirement that foreclosure cases go before a judge continues to slow the process, according to a senate interim report and statistics compiled by the Mortgage Bankers Association, which on Thursday released its latest findings on foreclosures and delinquent loans.

Florida is one of roughly half the U.S. states that require foreclosure proceedings to be handled in the courts, a requirement that has led to a backlog of cases that critics say is slowing Florida’s economic recovery.

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