Despite gains in housing markets throughout Florida, courts are once again being flooded with foreclosures at a ferocious pace. In the past year, lenders have taken more and more Southwest Florida homeowners into court to settle foreclosures that, like Montwill’s, were tossed during the peak of the crisis.
Florida courts backed up with foreclosures again
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The share of mortgages that were six months or more past due fell to its lowest level in 15 years in February