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Florida Courts Are Prepared For A New Wave Of Foreclosures

Law360 (September 18, 2018, 2:53 PM EDT) -- ATTOM Data Solutions, a national property database that aggregates data for over 150 million U.S. properties, recently published its July 2018 U.S. Foreclosure Market Report, leaving many in South Florida with an unsettling sense of deja vu. Its July report indicated Miami experienced a third consecutive month of year-over-year increases in foreclosure starts, with foreclosure starts up 29 percent over the previous year in Miami.[1] The year-over-year increase in foreclosure starts in July for the state of Florida as a whole was up 35 percent.[2] For Florida practitioners who lived (and practiced) through the foreclosure crisis that swept the state beginning...

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