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.
Wells Fargo says it will help to educate homeowners about managing money. The bank will work with Jesse Jackson’s Rainbow PUSH coalition and other civil rights groups. They have been critical of Wells Fargo’s lending practices in the past.