Thursday, March 28, 2024

Ex NBA Star Speedy Claxton ‘Had No Idea’ His Home Was in Foreclosure

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*Former NBA star Speedy Claxton claims he had no idea that his home was being foreclosed on.

According to theJasmineBRAND’s exclusive report, Claxton, who was married to ex “Basketball Wives” star Meeka Claxton, filed docs in the case explaining that he was never served by the court. The 39-year-old retired baller is a basketball coach and says he was out working on the night they claim he was served.

Here’s the backstory: Speedy was hit with a 2nd lawsuit demanding foreclosure of a New York home, with the bank demanding he pay up the $630k he owes them. The Bank of New York sued Claxton for defaulting on a $540k mortgage, that he took out back in 2007. He used the money to purchase a home in Rockaway, NY. However, he is accused of defaulting on the loan for failing to make payments since March 2015.

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Back in February, Claxton owed $537,687.59 on the unpaid principal, $82k+ for interest, $14k for an escrow advance and other fees for a grand total of $634,924.21, according to the report.

“The bank is demanding the court allow them to foreclosure on Claxton’s property, force him out of the property and sell off the home at public auction.”

In related news, “Claxton recently lost a separate foreclosure suit with a bank over a home on the same street as the home currently at risk of being taken from him.”

In 2013, he was named as a special assistant to the head coach for the Hofstra University men’s basketball program.

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