Author Archives: Win Mims
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An on-going story regarding foreclosures in Georgia and nationwide is that certain lenders have been found to have taken short cuts using unverified documents and flawed procedures in rushing to foreclosures. As a result, phrases such as robo-signing and “back-dated documents” have become part of the vocabulary in the media and in court decisions. When… Read More »
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The housing bubble that began bursting in 2007 created negative equity in many of our homes in Georgia by pushing home values way down below the amount owed on the home. A recent report states that approximately 55% of homeowners in metro Atlanta are experiencing negative equity and owe more than the home is worth…. Read More »
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The Federal Trade Commission (FTC) recently filed a complaint against two individuals and seven companies to stop illegal debt collection activity. According to the FTC, at least $9.4 million had been collected using “abusive and illegal debt-collection practices”. The scammers are accused of calling a person, or calling their employer, family members, friends, and neighbors… Read More »