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ORANGE COUNTY, Fla. -- Some of the biggest victims of foreclosures in Central Florida don't even own homes, they rent. Florida doesn't have any laws to protect renters if the homes go into foreclosure, but a new federal law does.

Thrift banks want asset foreclosure process simplified (Philippine Daily Inquirer)

The Chamber Of ThriftBanks seeks to work with the next Congress to simplify foreclosure proceedings on assets used as collateral for loans that turned sour as part of continuing initiatives to strengthen the asset quality of banks.

Fighting foreclosure (Washington Post)

THE OPTIMUM policy for the home foreclosure crisis is to modify the loans of as many distressed homeowners as possible. Making mortgage terms more affordable by mutual agreement enables families to stay in their houses, props up neighborhood home values and saves banks the huge costs of seizing and...

Foreclosured Mortgages