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City Councilman Leading Fight Against Foreclosures
Kevin Hyde, an At-Large Republican City Councilman, has emerged as one of Jacksonville's leaders in the fight against burgeoning foreclosures. Hyde was one of the first local officials to recognize the impending crisis and has led a series of high-profile foreclosure summits designed to develop working solutions for Jacksonville. The information gathered in those... »
Jax Foreclosures Mentioned in NY Times
Jacksonville's foreclosure problems get another mention in today's New York Times: City officials and housing advocates here and in cities as varied as Buffalo, Kansas City, Mo., and Jacksonville, Fla., say they are seeing an unsettling development: Banks are quietly declining to take possession of properties at the end of the foreclosure process, most often... »
FL Supreme Court takes on foreclosures
According to various reports, including a 2006 Jacksonville Area Legal Aid report, foreclosure rates and murder rates go hand in hand. That's important information to know given that in Jacksonville one out of every 284 homes received a foreclosure filing this past January - that's much higher than the national average of one in 466. Jacksonville... »
Jacksonville: The Nation's Foreclosure Capital
Flog shares with us the prediction (from Forbes) that we are on track to lead the nation in foreclosures. (Yet our Mayor declares that we are defying the national economy?) Forbes Magazine is predicting that Jacksonville will have the highest foreclosure rate in the nation next year because of tanking home prices and accelerating job losses. In a real... »
