According to a report from CondoVultures, foreclosure actions in South Florida have plummeted by 51 percent year-over-year for the second quarter of 2011. Peter Zalewski, CondoVultures principal, says that “lenders appear to be riding the brake when it comes to foreclosure actions” in the region. He added, however, that this might change once “administrative irregularities tied to foreclosure process in Read full article »