Georgia

Georgia Bank Foreclosures:

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Georgia is one of the states which Freddie Mac extended time for foreclosures. Freddie Mac doubled incentives for mortgage servicers to aid delinquent borrowers to avoid foreclosures.

Georgia has taken a move to protect their borrowers from becoming another Georgia foreclosure. Georgia has instituted a law requiring lenders to file prrof that they own the property before a property or home can go into a Georgia foreclosure sale.