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Mon., February 13, 2012 12:30pm
U.S. Sen. Johnny Isakson (R-Ga.) wants to see the end of government-owned mortgage giants Fannie Mae and Freddie Mac, and he has filed a proposal to phase them out over 10 years. Isakson’s bill would replace Fannie and Freddie with a single Mortgage Finance Agency to guarantee residential mortgages. After 10 years, that agency would become a private entity.
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Tue., November 1, 2011 3:49pm
Foreclosures by the nation’s 14 top mortgage services are under review. The office of the Comptroller of the Currency said Tuesday that the banks are sending notices about free reviews to four million people. It’s in response to allegations earlier this year that banks wrongly foreclosed on thousands of people.
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Thu., February 10, 2011 6:01pm
Half of metro Atlanta homeowners are upside-down in their mortgages, according to fourth-quarter data from Zillow.com, but the rest of the state is in better shape. Nearly 22 percent of mortgage-holders are underwater in the Augusta metro area, and experts say rural areas probably have fewer than that.
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Wed., September 23, 2009 3:57pm
Businessweek magazine ranks Augusta metropolitan among...
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