Fannie Mae and Freddie Mac FMCC FNMA -0.24% by volume of foreclosed properties in the state of Florida +0.25% at the end of 2010, surpassing the previous peak, reached a new high at the end of March.
Thus, the foreclosure crisis is getting worse, that is a sign? Really. Foreclosure
The housing economist Tom Lawler pointed out by recent research, a new record, to understand the foreclosure process, which is governed by state law, it helps to have a handle on ebbs and flows. Florida through the courts, banks and mortgage companies require to buy the property back.