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The foreclosure situation has gotten so bad Governor Charlie Crist is setting up a task force to help home owners. Wednesday, Crist announced the Florida Home Ownership Promotes the Economy, or HOPE task force. The task force is made up of experts from mortgage and banking industries, as well as consumer advocates and policy experts. The HOPE members will investigate the state’s foreclosure rate.

“It’s important for consumers to realize if there’s some kind of notice or they get a letter in the mail from their lending institution to try and be responsive to it and they might find that there will be a way for them to keep their home longer. Otherwise they may not have been aware of,” said Crist.

In April, the HOPE task force will present recommendations to Governor Crist, the speaker of the house, and the president of the senate.