Commission asks probe of high number of Brentwood foreclosures

South Fulton
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Commission asks probe of high number of Brentwood foreclosures

South Fulton
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Acting on a resolution by District 7 Commissioner William "Bill" Edwards, the Board directed County staff to ask the agencies to look into transactions and circumstances surrounding home purchases and foreclosures in Brentwood, a 125-unit neighborhood in Palmetto. All homeowners obtained mortgages from the same company, which has sent foreclosure notices to at least seven residents.

The County Manager and the Office of Housing will work with the Georgia Department of Banking and Finance, Georgia Insurance Commissioner's Office, United States Department of Housing and Urban Development, Georgia Attorney General's Office, and Metro Fair Housing, Inc.

"We get very concerned when we hear that a sizable number of residents might lose their homes," said Commissioner Edwards. "We want to get to the bottom of this."

Homeowners brought the matter to Edwards' attention at a recent meeting that launched the "Stop Before You Borrow" awareness and education campaign to tackle the record high number of foreclosures that have made Fulton the nation's leader in people losing their homes.

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