Foreclosure backlogs taking longer to process

Source: Brady Dennis, Washington Post (Free Registration)

On a recent morning at the county courthouse here, retired circuit court judge Wayne Cobb surveyed the hundreds of files stacked before him, each a foreclosure case waiting to be finalized, dismissed or delayed. “We’re jammed up,” he said. That logjam won’t fade soon. Funding for Florida’s “rocket docket,” which allowed the state’s courts to hire additional staff and bring back retired judges to plow through its foreclosure backlog — but raised questions about fairness for homeowners — ended Thursday. That leaves fewer people and less money to tackle the state’s 300,000 lingering foreclosure cases, with more on the way.

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housing, mortgages, foreclosures, homeowners, homeownership, houses, homebuyers

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