Fla. Lawmakers Decry Expedited Foreclosure Bill

Law360, New York (April 09, 2013, 2:23 PM ET) -- Four Florida lawmakers and an advocacy group for low-income families on Monday criticized proposed legislation that would expedite the foreclosure process and divert foreclosure fraud settlement money to state coffers rather than help struggling homeowners.

Democratic state Sens. Darren Soto, Arthenia Joyner, Audrey Gibson, and Geraldine Thompson, who were joined by housing advocates and the group PICO United Florida at a press conference in Tallahassee on Monday, said the  legislation and plans to divert $200 million of Florida's total $8.4 billion share of the landmark $25...
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