Foreclosures jump in Southwest Florida

MANATEE — Southwest Florida’s foreclosure market continued its roller coaster ride in May as more properties fell delinquent but banks kept a tight hold of their release.

Foreclosure starts are picking up again in Manatee and Sarasota counties as lenders work through the logjam of cases created from the fraud probes of 2010, which caused foreclosure activity to essentially freeze.

 

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