Florida now has the highest foreclosure rate in the country, beating out Nevada for the first time in five years. Experts say the legal process in Florida is the key reason for the sluggish pace of foreclosures there, according to an NPR article.
Florida foreclosure process needs solutions
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Ginnie Mae denies majority of complaint in Texas Capital Bank lawsuit
Ginnie Mae admits only to core facts of the case, denying all allegations, “inferences, arguments, and legal conclusions” in the complaint.
