A “faster foreclosures” proposal that sparked consumer outcry and protest last year has resurfaced in a more moderate form, with a new bill filed this week by Rep. Kathleen Passidomo, R-Naples.
The bill, HB 87, offers a slew of changes to the civil procedures governing foreclosures in Florida, where home repossessions are on the rise again.
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The National Association of Realtors board of directors voted 729-70 on Monday to ban the controversial practice of “pocket listings.”
In 2018, the FHFA proposed a rule to implement new capital requirements for Fannie Mae and Freddie Mac. But a lot has changed since then. As such, the FHFA now plans to do away with the 2018 capital rule and propose new capital rules next year.