The Florida Senate has now weighed in with their version of foreclosure “reform” and WOW is it a treasure chest of juicy, wonderful stuff.
They want to dramatically change the rules for foreclosure, not just for all those new mortgages that might be executed after the bill is passed but…
declaring that the act is remedial in nature and applies to all mortgages encumbering real property and all promissory notes secured by a mortgage, whether executed before, on, or after the effective date of this act
requesting the Florida Supreme Court to adopt rules and forms to expedite foreclosure proceedings;
So much wrong here….where to begin?