About Us
History of GREFPAC
The entity that is now called GREFPAC (Georgia Real Estate Fraud Prevention & Awareness Coalition) traces its origin to two Georgia communities – one in DeKalb County and one in Gwinnett County – which were ravaged by mortgage fraud beginning in 1996.
Galvanized by outrage at the impact upon their families’ and neighbors’ quality of life and safety, two women joined together, bound by resolve to fight for their homes and communities rather than flee. They became voices for many, many other communities telling the story of community damage. Their message: Mortgage fraud is not just a white-collar crime issue showing up only as losses to huge lenders. The real victims are the damaged neighborhoods whose families must live and raise children in the midst of irresponsible, dangerous career criminals.
Lists of collateral damages began flooding in from the victimized communities: deteriorated and damaged homes affecting home values, foreclosures cycling again into fraud, skewed tax assessments, squatters, drug traffickers, and prostitution and car theft rings, code violations, dangerous dogs, violence, and shootings. Read more >
Our Mission
The Georgia Real Estate Fraud Prevention and Awareness Coalition (GREFPAC) is comprised of concerned individuals and professionals from all aspects of the real estate industry, working together with federal, state and local regulators and law enforcement agencies, to create environments that promote honesty, openness & fairness in real estate transactions.
Core Values:- Promote public awareness through information and education
- Prevent real estate and mortgage fraud;
- Facilitate cooperation among and between concerned individuals, industry partners, regulators and law enforcement agencies;
- Pursue compliance with, and enforcement of, existing regulations
and statutes;
and - Develop and promote industry practices and regulatory and
statutory reforms
that will benefit consumers and industry partners
