Who is Nat Hardwick?

Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros

Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling

Fannie Mae: Lenders ask these 4 questions about MSRs

All about transfer and execution
W S
Lending / The Ticker

Florida efforts only clog foreclosure system further

Florida
/ Print / Reprints /
| Share More
/ Text Size+

An effort to speed foreclosures through Florida courts has only led to thousands of filings piling up, adding to the state’s struggles. Per the Tampa Bay Times:

When the "faster foreclosures" law first took effect in July, Florida courts saw 4,386 new foreclosures, plummeting 70 percent below the state's average of 15,000 filings a month.

The law demands banks prove they own the mortgages and have the right to foreclose in return for a quicker case. But defense lawyers say banks have struggled to abide by the strict new rules, including tracking the ownership of some of the millions of mortgages chopped up and shuffled around amid the financial meltdown.

Source: Tampa Bay Times
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus