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Fulton may extend eviction moratorium
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FULTON COUNTY - If it was up to the Fulton County Board of Commissioners, there wouldn't be any evictions – at least until Jan. 31, 2009.
The commission adopted a resolution in support of asking Fulton County Marshal Antonio Johnson to stop the eviction process of residents in rental housing undergoing foreclosure until the end of January.
The request comes after Johnson already announced he will not serve any eviction notices between Dec. 19 and Jan. 5, 2009 within the county, which has one of the highest foreclosure rates in the state.
The new resolution specifically regards an extension of the eviction moratorium in cases of rental tenants in good standing with their landlords, but who reside in properties that are undergoing foreclosure.
Each week, the Marshal's Office receives hundreds of writs of possession for execution.
The writs are issued by the State Court of Fulton County. According to State Court Judge Louis Levenson, who handles most landlord/tenant dispute cases, these specific cases may be referred to Alternative Dispute Resolution in the new year. In addition to the current county-imposed moratorium, the State Court was approached by three of the nation's largest mortgage lenders – Fannie Mae, Freddie Mac and GMAC – and asked not to serve foreclosures on properties with their mortgages until further notice. The resolution was sponsored by the entire commission.
"This is a matter of intrinsic fairness for the individuals and families losing the roof over their heads through no fault of their own," said Commissioner Robb Pitts, who originally sponsored the resolution. "We appreciate the support of the Marshal and the State Court in helping families maintain stable housing."
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Federal Reserve will Make you Homeless
January 13, 2009 | 04:46 PM
Hahaha, soon Jefferson's prophecy of us being homeless on this continent our forefathers conquered will come true now that the Federal Reserve (a privately owned corporation with a legalized monopoly on the creation of money) buying up Freddie and Fannie. Now if we refuse when they ask for more bailout money for their banks to buy out the bottomed out assets on pennies for the dollar they can threaten us with foreclosing on most of the nation's mortgages. They crash the economy and issue 8+ trillion in emergency loans at 1% interest so that they are the only ones with liquidity to buy up stocks, properties, and real assets that have declined in cost due to the engineered crash. American tax payers are left with more debt and hyperinflation.
Andrew, Milton
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