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Latest on Florida Mortgage Foreclosure Bill

Sen. Jack Latvala, R-Clearwater, sponsor of SB 1666 relating to mortgage foreclosures, is not concerned the bill did not make it onto the next Senate Appropriations Committee agenda, even though the panel is the bill’s last committee reference in the Senate. 

“That’s what blue cards are for,” Latvala said, referring to the process lawmakers use to ask a bill to be withdrawn from committees for a floor vote.

The bill has not yet been withdrawn, and the Appropriations Committee is the bill's final committee of reference. In the other chamber, the House successfully passed HB 87 relating to mortgage foreclosures, sponsored by Rep. Passidomo just this morning (April 29), after resisting an amendment last week, filed by Rep. Mike Fasano, that would have allowed a homeowner unfairly foreclosed upon to regain title to their home even if the title was already sold at auction to an innocent third party. In other foreclosure news, the Senate passed its plan (SB 1852) to spend the $200 million in foreclosure settlement funds, having moved closer to the House plan.