Monday, March 21, 2011

State courts declare financial emergency, seek help - St. Petersburg Times

Could it be.. .the courts WANT foreclosures and won't address fraud because it is PROFITABLE FOR THEM.???? What a world we live in.

State courts declare financial emergency, seek help - St. Petersburg Times: "he problem arises just as lawmakers work to fill a $3.7 billion deficit in next year's budget and amid some of the worst relations ever between the three branches of state government.

The revenue shortage surfaced last month as court budget estimators took a look at mortgage foreclosure filings, which started dropping in late 2010 because of a moratorium that several lenders imposed on themselves. The state collects filing fees for each foreclosure claim that vary from $400 to $1,905, depending on the amount involved, and the numbers have dropped by close to 20,000 each month."

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