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Thu., January 12, 2012 10:07am
About 1.9 million homes entered the foreclosure process in 2011, the lowest level since 2007 when the recession began, according to a report Thursday by the foreclosure listing firm RealtyTrac Inc. The listing firm anticipates that 2012's foreclosure rate will be higher than last year's, but will remain below the peak of 2010.
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Thu., November 10, 2011 3:13pm
Credit agency TransUnion listed Georgia with the ninth highest 60-day mortgage loan delinquency rate in the nation.
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Wed., October 12, 2011 3:18pm
Federal banking regulators are telling The Savannah Bank it needs to reduce its troubled assets. The Office of the Comptroller of the Currency has given the bank its lightest possible action, letting bank officials dictate their own terms for reducing delinquent loans and reposessions. The move speaks to how far Georgia banks have to recover from the Great Recession.
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Tue., October 11, 2011 1:47pm
Millions of dollars in fees paid to the state aren’t going toward their intended purpose,according to a group advocating for local governments. Georgians pay fees on tires for landfill clean up and court fees for indigent defense. But Debra Nesbitt with the Association for County Commissioners of Georgia says the state has diverted millions of those dollars to fill state budget holes during the recession.
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Thu., September 22, 2011 1:26pm
Angel Food Ministries is going out of business. For 17 years the Monroe, Georgia based company provided discounted groceries to families across the country. The organization ran into trouble in 2009 when the FBI searched its offices.
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Wed., August 3, 2011 3:15pm
Savannah-area officials are working to attract another big warehouse. Not much is known about the potential new company and nothing is finalized. But, industry officials say, the area is courting a 1.4 million square-foot distribution center in Pooler.
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Tue., July 26, 2011 3:47pm
A Pew Research Center study shows the wealth gap between whites and minority residents in the U.S. widened sharply during the Recession. The finding is especially notable in Georgia, where the minority population is large and growing.
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Mon., July 25, 2011 1:35pm
The most recent unemployment numbers from the state labor commission show many Georgians still can’t find work. And about 250,000 residents have been out of work for at least seven months. That’s more than half of the unemployed worker pool.
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Tue., June 21, 2011 1:55pm
It will be a slow return to pre-recession job levels for Georgia’s capital city and other major metro areas in the state. That's the conclusion of a recently-released national study.
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Fri., April 1, 2011 3:20pm
Georgia leads the nation in the growth of women-owned businsses. That's the conclusion of a new report commissioned by American Express, looking at the past 14 years. The study uses Census data and figures Georgia has nearly 300,000 women-owned businesses, or 97% more than in 1997.
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