Wilbur Ross quits Ocwen Financial

Wilbur Ross quits Ocwen Financial

Distressed asset investor bringing his magic to Bank of Cyprus

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?

CFPB proposes 7 big changes to foreclosure process for mortgage servicers

Adds guidance on extended borrower protections
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Items Tagged with 'Georgia'

ARTICLES

State of Georgia bans two lenders for employing felons

Employing felons violates Georgia state law
Ben Lane
Alabama-based Hometown Lenders and California-based Sun West Mortgage Company have both been ordered to surrender their Georgia mortgage lending licenses and were fined by the Georgia Department of Banking and Finance for the violations.
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Here’s how the top 5 housing markets look for fall homebuying

Future not too promising
Brena Swanson
The housing market is hesitantly moving into the fall homebuying season, and so far the results don't look too promising. These top 5 markets illustrate just where housing is going.
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What’s the latest with Nat Hardwick and LandCastle Title?

We haven’t forgotten about this story, even if everyone else has
Ben Lane
When HousingWire first broke the news of Fidelity National Financial “stepping in” as a 70% owner of LandCastle Title, little did we know what was to come in the following days. Since then, LandCastle's former CEO Nathan (Nat) Hardwick has been accused of embezzling more than $30 million. Where do we stand a week later? HousingWire investigates.
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Who is Nat Hardwick?

Former LandCastle Title CEO owns NASCAR team, rubs elbows with PGA pros
Ben Lane
Since HousingWire first broke the news of his resignation on Tuesday, former LandCastle Title CEO Nat Hardwick’s internet presence has slowly been disappearing, but a HousingWire investigation has revealed exactly what kind of lifestyle Hardwick led prior to the news of this week becoming public.
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Former LandCastle Title CEO’s attorney calls embezzlement charges "false"

Says Nat Hardwick is not guilty of any improper, illegal or unethical conduct
Ben Lane
“Anybody who knows Nat knows that he loves the law firm, its employees, the attorneys and the firm’s many loyal clients,” Ed Garland, the attorney representing Nat Hardwick, said in a statment. “He would never knowingly or intentionally take money he was not entitled to or harm the firm or its clients in any way. The law firm was profitable, and Nat believed that all of the money he received was properly distributed to him as his share of the profits of the firm.”
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Lawsuit alleges former LandCastle Title CEO embezzled $30 million

Nat Hardwick allegedly used funds for private jets, gambling
Ben Lane
The lawsuit alleges that former CEO Nat Hardwick used his access to “systematically deplete” the firm’s and title company’s accounts for “his personal benefit.” According to the court records, Hardwick allegedly misappropriated at least $30 million from the companies’ accounts through various measures. The news came to light after Fidelity National Financial bailed out LandCastle Title and stepped in as 70% owner.
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The top and bottom 5 markets for housing recovery

CoreLogic: Completed foreclosures hit record low, but where?
Brena Swanson
The numbers are in and completed foreclosures are at the lowest level since the Great Depression. So which states came out on top and bottom for the most completed foreclosures?
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The 10 most romantic homes you can buy right now

Who says money can't buy you love?
Sarah Wheeler
With hot tubs, fireplaces and killer views, these homes glow with romance. The best part? You can buy one.
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Foreclosure pipeline drains out

Foreclosure inventory drops by a third year-over-year
Brena Swanson
The total number of homes in foreclosure in the U.S. dropped by almost a third year-over-year in November while falling to 46,000 completed foreclosures from 64,000.
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CoreLogic: 51,000 foreclosures completed in Sept.

Activity mirrors early 2009 levels
Brena Swanson
The U.S. housing market saw only 51,000 completed foreclosures in September, a significant decline from 84,000 in September 2012, research firm CoreLogic said.
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