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Georgia Takes the Lead In Protecting Mortgage Consumers

March 4th, 2009 · No Comments

The Financial institutions; S.A.F.E. Mortgage Licensing Act of 2008 bill has just passed the Georgia State House that is aimed at protecting your house by reducing mortgage fraud.
The plan requires that all mortgage lenders undergo a criminal background check. It also calls for more training for loan officers, and allows state lawmakers to investigate them. [...]

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Tags: Mortgage Legislation · Mortgage Scams

Just what is a predatory mortgage?

November 27th, 2007 · No Comments

There has been much talk about predatory lending and how unscrupulous lenders have been taking advantage of unknowing homeowners. In general, the tendency is always to blame the home owner “.. should have read what they were signing..”, unfortunately sometimes people just do not know any better. Here is an example of how one person [...]

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Tags: Foreclosure Information · Mortgage Scams