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Fleysher Law Blog

Foreclosure Bill

Florida Foreclosure Bill Passes Legislature

Despite its defeat, multiple times in past legislative sessions, the bill designed to speed up the foreclosure process passed the Senate on Friday, May 3rd; with a 26-13 vote, largely along party lines. The foreclosure bill has already passed the House and will go to Governor Rick Scott next for final approval. Concerns about the number of foreclosure cases clogging up the court system have been an ongoing issue for

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Foreclosure Settlement

Lucky Few Floridians Get $125,000 from Foreclosure Settlement, Most to Get $300

The first wave of checks from the $3.6 billion dollars federal foreclosure settlement will be mailed this Friday; according to the Office of the Comptroller of the Currency and Board of Governors of the Federal Reserve System, with hundreds of thousands of them going to Florida residents. In fact, out of the 4.2 million borrowers who will be receiving settlement checks, a lucky 1,100 residents nationwide will receive the maximum

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Loss Mitigation Programs

Loss Mitigation Programs Overview

In the wake of the housing crisis, lawsuits against lenders, and settlements between government entities and some of the world’s biggest banks, an alphabet soup of loss mitigation programs have emerged and re-emerged. To help make sense of all of the available loss mitigation programs and how they relate to your situation, I have prepared the below outline. It describes substantially all of the major programs offered on residential loans

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