Georgia to receive more than $500K in multistate mortgage settlement. Georgia Attorney General Chriss Carr announced a multimillion-dollar settlement with a company over unauthorized withdrawals from mortgage-holders in 2021 would net the state more than $500,000. According to the Attorney General’s office, ACI Worldwide, a payment processor, had a testing error in 2021 that attempted …
Georgia-based Ameris Bank has been accused by the Department of Justice of systematically denying and discouraging home loans and other credit to those living in Black and Hispanic neighborhoods in Jacksonville. Click for details!
Unlocking the Power of Mortgage Seasoning: A Buyer’s Secret Weapon Mortgage seasoning refers to the length of time a mortgage has been in force, often measured in months. It’s a crucial factor in the real estate market, influencing a buyer’s eligibility for various financing options. Typically, lenders prefer mortgages with a seasoning period of at …