State Sen. Jack Murphy, R-Cumming, owns a one-acre tract along Tribble Gap Road in downtown Cumming that has been listed for foreclosure on July 5, according to a legal notice published earlier this month in the Forsyth County News.
The loan was originally issued for about $228,000 by Integrity Bank of Alpharetta, which failed in 2008 and where the senator was once a director. Investors later bought the loan.
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1 comment:
I agree with the post. The making home affordable program introduced by the Obama administration set standard guidelines and eligibility requirements aimed
at saving millions of home owners from the clutches of foreclosure. The making home affordable program is funded by $75 billion and it offers a unique way to modify the structure of the mortgage loan to make it more affordable on a monthly basis. This is a very big help for the Americans.
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