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By  ILYCE GLINK / MONEYWATCH/ (MoneyWatch) So-called zombie homes are appearing on the real estate market, but they’re not built to keep out the walking dead. Hundreds of thousands of homes in the U.S. are now labeled as “zombie” foreclosures. That’s when the owner of a foreclosed home leaves only to find out years later that heRead more

Calling Florida’s No. 1 ranking on foreclosures “shameful,” some lawmakers are pushing for reforms to the foreclosure law, hoping to help homeowners keep their properties. At a Tuesday press conference, some Democrats in the Florida Legislature pushed for new changes to laws governing Florida’s hundreds of thousands distressed properties. They say the changes are necessary to protectRead more

  “TAMPA — Tampa Bay posted the nation’s fourth-highest foreclosure rate last month as the sludge of bad home loans continues to gum up local courts, RealtyTrac data released today show. More than 5,000 notices of mortgage default, foreclosure auction or repossession were sent across Tampa Bay last month, a 23 percent jump over lastRead more

BayNews9 | BRADENTON — “Florida’s foreclosure rates led the nation in February for the sixth consecutive month. And the Bay area was among the communities hit hard. According to Bay News 9’s partner newspaper the Bradenton Herald, the Bay area was the fourth-highest for foreclosures in the country. And the Manatee-Sarasota area jumped to 13th. RealtyTrac, which tracks foreclosuresRead more

Big banks are finding a way to benefit from what was supposed to be their punishment in the robo-signing scandal. In Florida, they have spent 75 percent of $7.7 billion in settlement outlays approving short sales and forgiving home-equity loans, earning credit for debts they were unlikely to collect or sales that would have happenedRead more

By The Miami Herald “Florida is ranked No. 1 in the nation for the number of homes in foreclosure and the number of people on the verge of losing their homes. But the Sunshine State is last in the nation when it comes to using the billions of dollars in available housing aid from a nationalRead more