Thu., April 5, 2012 9:00am
Millions of dollars in a fund intended to help unemployed Georgia homeowners avoid foreclosure have gone unspent, even as 12,000 residents get foreclosure notices each month.
Thu., March 22, 2012 7:19am
Foreclosure fraud would be a crime under a bill passed unanimously in the state Senate Wednesday. Georgia law currently criminalizes fraud during the mortgage process, but not during a foreclosure.
Wed., February 15, 2012 8:30am
Some of the money in the state’s mortgage settlement with big banks will be paid directly to the state to be used to avoid preventable foreclosures, but there's no legal requirement in Georgia law that it be spent for any particular purpose. Some lawmakers said they want to put the money in reserves.
Mon., December 12, 2011 5:40pm
Mortgage giants Fannie Mae and Freddie Mac are suspending foreclosures and evictions for the holidays starting next week. Several national banks are joining them in a two-week holiday reprieve, but real estate and housing experts said the break will not help most families save their foreclosed homes.
Fri., August 19, 2011 12:00pm
Georgia foreclosures were up in July despite a national downward trend. July foreclosures across the country dropped 7% from June to a four-year low. But in Georgia, they jumped 18%. One expert says, Georgia could be on the leading edge of a forclosure ramp-up after a temporary lull.
Thu., August 12, 2010 4:25pm
Georgia will receive $127 million from the federal government to aid jobless homeowners. The Obama administration announced Wednesday that it will send $2 billion to the states with the worst job markets. Georgia is one of 17 eligible states whose unemployment rates have topped the national average for a year.
Fri., June 11, 2010 4:22pm
The non-profit agency Neighborhood Assistance Corporation of America has set up shop through Tuesday counseling homeowners and acting as a mediator between them and lenders.