Foreclosure Law in the Wake of Recent Decisions on Residential Mortgage Loans: The Situation in Georgia
The authors examine several key decisions affecting foreclosure law in Georgia.
Thousands of wrongful foreclosure lawsuits are filed each year in Georgia against banks, lenders, servicers, foreclosure firms, and other entities involved in the non-judicial foreclosure process for residential mortgage loans. There has been recent upheaval in Georgia foreclosure law resulting from several key cases decided in 2012. This article analyzes the decisions' impact on Georgia's non-judicial foreclosure process, pending the Georgia supreme court's response.