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GAFLA

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GAFLAGeorgia Fair Lending Act


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Still others are taking a more legislative view point by asking elected officials to reenact GAFLA (Georgia Fair Lending Act) laws that were passed by Governor Roy Barnes during the middle of the boom.
Fannie Mae and Freddie Mac issued an industry letter advising lenders that they would not purchase Georgia loans covered by the GAFLA.
ComplianceEase's regulatory counsel, Donald Lampe, of Charlotte, NC-based, Womble Carlyle Sandridge & Rice, represented the lending industry in the amendment of GAFLA last year.
 
 
 
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