Jacksonville Real Estate Market

Jacksonville, Florida

New Crop of Foreclosures Is Coming

While fewer Americans are falling behind on their mortgage payments, the huge backlog of already delinquent mortgages is finally making its way through the banking system to foreclosure.

Foreclosure ‘Rocket Docket’ Done

Too many foreclosures and too little time. That was the impetus behind the so-called “rocket docket” in Florida, where judges could blow through a thousand cases a day. And they had to, given a backlog of close to 40,000 foreclosures. It was an experim…

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