Blog post
Florida Fair Foreclosure Act? Fair to Whom?
Feb 24, 2012 16:19 EST
Banks need to get their massive foreclosure backlog off the books. There are over 368,000 cases in Florida. I get that.
Getting these properties into the hands of families who can afford them, that is what I want to see. It’s needed to jump start the economy, and no one wants to see the banks out of the neighborhoods more than me.
But it can’t be allowed to happen on the backs of other homeowners plain and simple. Lenders have tried to thrust these homes back onto the market before, and that’s why they just shelled out $25 billion.
Please continue reading our commentary at the South Florida Law Blog.
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