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GBI Searches Altman's Baxley Home, Seeks Fraud Tips

7/18/2026

38 5 Full Breakdown

Summary

Story summary

The Georgia Bureau of Investigation searched 162 Jekyll Road in Baxley, Appling County Thursday.
The search followed the July 8 arrest of co-owner Richard Altman on an illegal fund-transfer charge in Louisiana.
21st Mortgage sued the Altmans on June 25 in Appling County Superior Court for unpaid financing of a manufactured home.
The GBI asks anyone defrauded by Yurezz Home Center in 2025-2026 to tip via its app, phone line, or website.

History

Historical Context

The 2008 subprime mortgage collapse, when subprime loans rose to roughly 20 % of all originations and $1.3 trillion in debt, sparked nationwide foreclosures and exposed lax underwriting. Decades of similar predatory practices resurfaced in the 2025-26 Yurezz Home Center scheme, where Richard Altman, 21st Mortgage and the Georgia Bureau of Investigation allege fraudulent manufactured-home financing, highlighting enduring regulatory gaps.

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Story summary

The Georgia Bureau of Investigation searched 162 Jekyll Road in Baxley, Appling County Thursday.
The search followed the July 8 arrest of co-owner Richard Altman on an illegal fund-transfer charge in Louisiana.
21st Mortgage sued the Altmans on June 25 in Appling County Superior Court for unpaid financing of a manufactured home.
The GBI asks anyone defrauded by Yurezz Home Center in 2025-2026 to tip via its app, phone line, or website.

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