New legislation aims to address Florida foreclosure crisis
Florida has been hit extremely hard by the foreclosure crisis. According to data published in the Herald-Tribune, 3.1 percent -- or 1 in 32 -- of all housing units in Florida were the target of a foreclosure filing in 2012. In fact, foreclosure filings last year were 70 percent higher than they had been in 2011.
The high rate of foreclosures has left many Florida homeowners fighting with their lenders and struggling to stay in their homes. In addition, the foreclosure crisis has negatively affected the entire real estate market, since a glut of vacant and inexpensive ...






