Mon., April 15, 2013 9:00am
Nationwide data compiled by Zillow identified the worst 1 percent of ZIP codes for mortgage debt exceeding home value. Georgia has nearly a quarter of the ZIP codes. Michigan is second. Many of the Georgia ZIP codes make a crescent around Atlanta's southern flank.
Thu., April 11, 2013 3:56pm
Just over 18 thousand homeowners in Georgia will start seeing checks from their mortgage servicer starting Friday. The payments are part of a settlement between the federal government and 13 financial institutions which admitted taking shortcuts in the foreclosure process.
Fri., January 4, 2013 11:28pm
Georgia has distributed only a fraction of federal money available to help struggling homeowners pay their mortgages and avoid foreclosure. That’s because few people know there’s money available two years into the program.
Tue., December 25, 2012 9:00am
Three Georgia counties have filed a lawsuit claiming that British bank HSBC engaged in predatory lending that ended up costing them hundreds of millions of dollars.
Fri., October 19, 2012 11:00am
Three Georgia counties are suing a British bank, claiming that predatory lending harmed property owners as the housing market collapsed. Cobb, DeKalb and Fulton Counties filed the lawsuit Thursday against London-based HSBC in U.S. District Court in Atlanta.
Mon., August 6, 2012 11:58am
A court ruling in Georgia could force those foreclosing on homes to disclose who actually owns the loan. The ruling last month said that the name of the owner of a mortgage must appear in foreclosure filings and notices sent to delinquent borrowers.
Thu., June 7, 2012 4:30pm
Research firm CoreLogic reported this week that Georgia home prices fell another 5.6 percent in April compared to a year ago. Some analysts say new Fannie Mae and Freddie Mac rules for short sales could help stabilize Georgia’s housing market, where prices have fallen 36 percent in the last six years.
Thu., May 17, 2012 7:05am
In Georgia, bank repossessions, auctions and default notices jumped 22 percent from April 2011. And the state still has the fifth highest foreclosure rate in the nation.
Fri., April 13, 2012 8:25pm
The HomeSafe Georgia program aims to give relief to unemployed and underemployed homeowners at risk of foreclosure. But many applicants say they aren’t getting the counseling they need.
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.