In last March’s edition of this newsletter, we discussed the Supreme Court of Georgia’s decision in PNC Bank, National Association v. Smith, in which the Court held that compliance with O.C.G.A. § 44-14-161 “is a condition...more
2/28/2017
/ Banking Sector ,
Banks ,
Consumer Lenders ,
Contract Waiver ,
Financial Institutions ,
Foreclosure ,
GA Supreme Court ,
Guarantors ,
Mortgage Lenders ,
Mortgages ,
PNC ,
Residential Real Estate Market ,
Summary Judgment
As any lender who’s had a loan secured by real property collateral in Georgia knows, in order to pursue a deficiency balance following a non-judicial foreclosure of its collateral, the foreclosure sale has to be “confirmed”...more