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Lenders Win On Foreclosures

Georgia Supreme Court reverses Court of Appeals on need to identify owner of loan in foreclosure notices

, Daily Report

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Mortgage lenders breathed a sigh of relief on Monday as the Georgia Supreme Court issued a ruling that unties the hands of banks seeking to foreclose on borrowers in default. David Ates (above), who represented homeowner plaintiffs in foreclosure cases at high court, said there "is absolutely no check on this process anymore."

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