Foreclosure cases clog South Florida courts

Miami /
May.May 06, 2013 01:00 PM

Clearing the dockets of foreclosures can appear a Sisyphean task for South Florida’s courts as new filings keep apace with closed cases, the Palm Beach Post reported.

From July 1 through the end of March, judges moved 168,589 cases out of the system statewide, but 143,772 cases were added during the same period, the Post said, citing a new report by the Office of the State Courts Administrator.

Broward County has the highest backlog of cases in the region with 42,992; Miami-Dade is second with 41,681 and Palm Beach County’s caseload stands at 30,272.

A bill passed the last day of Florida’s annual legislative session that needs the governor’s approval gives $16 million over the next two years to keep staff on hand to manage the foreclosure backlog. A separate bill would make it easier for lenders to foreclose on defaulted borrowers.

Forty-one percent of the cases cleared statewide were dismissed, an indication that more homeowners are working out ways to avoid foreclosure, defense attorney Greg Clark told the Post.

Last year’s $25 billion National Mortgage Settlement required banks to boost short sale approvals and loan modifications.

“In my own practice there is a new spirit of cooperation and settlement, in an even and measured pace, that we haven’t seen before,” Clark said. [Palm Beach Post]Emily Schmall


Related Articles

arrow_forward_ios
Metronomic’s Kelly Beam and Ricky Trinidad along with the GroveHaus apartment building at 3265 Bird Avenue (Getty, Metronomic, Google Maps)
Metronomic loses Coconut Grove project in foreclosure sale
Metronomic loses Coconut Grove project in foreclosure sale
Domenic Gatto and the Banyan Cay Resort & Golf Club at 2020 Banyan Way (LinkedIn, Hyatt)
Banyan Cay Resort & Golf Club is headed toward foreclosure sale
Banyan Cay Resort & Golf Club is headed toward foreclosure sale
Kathleen Passidomo and Ron DeSantis (Getty,  Kathleen Passidomo)
Florida Senate passes industry-friendly homeowners insurance reforms
Florida Senate passes industry-friendly homeowners insurance reforms
From left: Joseph Chetrit and Meyer Chetrit with the Tides hotel at 1220 Ocean Drive
Judge approves foreclosure of Chetrit’s Tides hotel in Miami Beach
Judge approves foreclosure of Chetrit’s Tides hotel in Miami Beach
Mallory Kauderer and 5501 Northeast Second Avenue (The Porosoff Group, Twitter, Getty)
Churchill’s Pub in Little Haiti hits market
Churchill’s Pub in Little Haiti hits market
Joseph Chetrit and The Tides South Beach (Getty, The Tides South Beach)
Chetrit’s lender scores victory in South Beach hotel foreclosure
Chetrit’s lender scores victory in South Beach hotel foreclosure
Moto Capital Group's Marcos Lima with 350 Ocean Drive (Loopnet, LinkedIn, Getty)
Toronto firm picks up Ocean Drive hotel for $39M
Toronto firm picks up Ocean Drive hotel for $39M
Metronomic's Kelly Beam with 3265 Bird Avenue (Metronomic Holdings, Google Maps)
Embattled developer’s Coconut Grove rentals head to auction
Embattled developer’s Coconut Grove rentals head to auction
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...