“The latest news for Florida is horrifying.” That was the headline written by the state’s foreclosure task force in August 2009 in its final report to the Florida Supreme Court. In the first quarter of that year, 374,000 mortgages, or more than 10% of the 3.5 million loans being serviced at the time, were in the judicial foreclosure process. Lenders initiated 98,848 foreclosure cases in the state’s court system for those three months alone — a time when some lenders had a moratorium in place.