Monthly summary of mortgage activities, July 2000

Monthly Summary of Mortgage Activities
Georgia Department of Banking and Finance 2990 Brandywine Road, Suite 200, Atlanta, GA 30341-5565
JULY 2000
Please review the enclosed list for details on licensee additions and deletions which occurred during July. The Mortgage Division received 27 applications for a new license or registration and 8 applications for reinstatement of previously revoked or withdrawn licenses. Seventeen licenses were either revoked or withdrawn during July. There were 2,955 current licensees/registrants as of July 31, 2000.
NOTE: LICENSES ISSUED IN GEORGIA ARE SUBJECT TO REVOCATION, WITHDRAWAL OR SUSPENSION.
TO VERIFY THE CURRENT STATUS OF A LICENSE, CALL 770-986-1633
OR CHECK OUR WEB SITE AT http://www.state.ga.us/dbf/
The Department has established the initial version of its Frequently Asked Questions (FAQ) page on its web site (see above). You should check this page periodically for changes. The next update should occur in August to reflect this year's legislative changes and the new regulations.
In July, no mortgage regular broker/lender examinations were performed by the Mortgage Division examination team. Our examination teams were concentrating on reviews to assess the prevalence of predatory lending practices within the state. Also, the Mortgage Division received 2,121 mortgage-related telephone calls. Of these calls, 443 were verbal consumer inquiries; and 144 were verbal consumer complaints. The Division of Legal and Consumer Affairs, (770) 986-1633, is charged with the responsibility of handling legal inquiries and consumer complaints.
If you are a current licensee and would like to be notified when the Monthly Mortgage Summary is available on the internet, please E-mail a message to dbfmort@dbf.state.ga.us. Be sure to include your license number and the name of your company in your message. If you do not have E-mail but do have a local Atlanta FAX number (area codes 770, 404, 678, or 800, or 888), have a 9600 or 14400 baud modem, are not currently receiving the Monthly Mortgage Summary by fax, and would like to have the Summary faxed to you, please send a fax to DBFMORT at the Department's Mortgage Division at 770-986-1029.
PER LOAN FEES - "Per loan" fees for the second half of 1999 were due by March 1, 2000. "Per loan" fees for the first half of 2000 are due by September 1, 2000. A copy of the "per loan" fee reporting form can be found in Rule 80-5-1-.04(2) issued by this Department and also on the Department's web site. The fine for late filing of your $6.50 fees more than 60 calendar days late is $1,000. Please remember that your license will not be renewed until these fees and, if applicable, fines are reported and paid.
PLEASE BE SURE TO READ THE FOLLOWING:
The ANNUAL LICENSE RENEWAL process which normally begins in August has been moved to early 2001. Those licensees who have no outstanding issues with this Department will be granted a 6-month extension on their license until June 30, 2001. You will receive an extension certificate in the mail. Those licensees who have outstanding issues pending before this Department (such as fines, $6.50 fee payments and reports, administrative issues, etc.) will need to resolve these issues prior to the extension

fee payments and reports, administrative issues, etc.) will need to resolve these issues prior to the extension of the license being granted. Those licensees who do not resolve these issues will have their licenses expire at the end of this calendar year.
To summarize the changes in the renewal process scheduled for your FY 2002 license, renewal application forms will be distributed on or about February 1, 2001. Renewal Applications Forms must be returned to the Department prior to April 1, 2001. Failure to return your renewal application form prior to the due date may delay the processing of your renewal application until after the expiration date. A $300 late fine will be assessed against your license for failure to return the renewal application form prior to April 1, 2001. As mentioned above, all outstanding issues such as fines, fees, complaint settlements, stale audits, inadequate tangible net worth, etc., must be resolved before your renewal license will be granted. Licensees who do not complete the renewal process by June 30, 2001, will have their licenses expire, and will have to cease operations. Lenders whose license expires will have to divest of Georgia residential loan portfolios and servicing rights.
NOTES TO THE JULY 2000 SUMMARY:
CEASE AND DESIST ORDERS ISSUED
Associates Funding Group, Inc., Decatur, GA - Cease and Desist Order issued 7-6-00, and became final 7-26- 00.
New Atlantic Mortgage, Inc., Stone Mountain, GA - Cease and Desist Order issued 7-7-00, and became final 7-27- 00.
Real Estate MasterMinds, LLC, Roswell, GA - Cease and Desist Order issued 6-8-00, and became final 7-800.
Smith, Rodney, Lawrenceville, GA - Cease and Desist Order issued 6-30-00, and became final 7-30-00.
COUNTERFEIT LICENSES (A new one)
WARNING: Examples of Counterfeit 2000 licenses continue to be sent to this office. This month we received a counterfeit license for #11648 (no such number exists in our database), J. Musgrow Mortgage, d/b/a Musgrow Mortgage & Associates, 880 Timbercrest Court, Suite A, Lithonia, GA 30058. This document is being circulated by an unlicensed individual. This license has never existed. Licensed brokers and lenders are reminded that fines will be issued for dealing with unlicensed brokers. All lenders are advised to call to confirm the license status of each broker with which they do business. Brokers must be aware that it is not legal to co-broker with unlicensed parties. See Rule 80-11-3 for a listing of the fines which will be imposed.
Last month, an entry for a counterfeit license for #14902, Ace Mortgage Corporation, 8998 Montegue Terrace N., Brooklyn Park, MN 55443 was listed. This company is not licensed and has an outstanding fine due.
EXPERIENCE AND EDUCATION (Modified Repeat comment)
Recent amendments to O.C.G.A. Section 7-1-1004 enable the Department to establish experience and education requirements as a prerequisite for the issuance of a Georgia residential mortgage broker license. Numerous requests from individuals in the mortgage industry generated this law. The Department issued rules for comment on April 17, 2000; such rules set out the requirements. Generally, applicants for a broker license will be required to have two years experience soliciting, processing, placing and negotiating mortgage loans, or in the alternative, may complete 40 credit hours of training in courses required and approved by the Department. This requirement only needs to be met once, but in order to use education or experience, such education must have been completed within one year prior to the date of approval of the license, and

the experience must have been completed within the three years prior to the date of approval of the license. Four of the education hours must be on Georgia laws and rules. Current licensees under certain conditions will not be required to satisfy these requirements.
MORTGAGE EDUCATION COURSE PROVIDERS APPLICATION REQUIREMENTS/INSTRUCTOR QUALIFICATIONS
Several inquiries have been made regarding how to become an approved mortgage education provider.
The approval process is as follows:
1. Application will be made on the approved form. The application will include a statement discussing the factors supporting the approval. The application will include a statement agreeing to provide a list of students who have successfully completed training and agreeing to update this list periodically or as required by the Department.
2. The application shall include the following:
a. A biography/resume of the instructor/instructors and a discussion of their experience
and qualifications to be an instructor,
b. A course outline which lists all subjects taught and classroom hours or credit hours for
each course,
c. A detailed description of each course or subject which discusses the topics covered by
the course, the objective of the course, the proposed result of the course, and how the material will be presented (lecture, case study, self study, etc.),
d. Copies of tests administered, if any; copies of problems to be solved as part of the
classwork or homework; copies of handouts; and any other materials necessary to demonstrate the significance of the course,
e. A sample of the Certificate of Completion presented to students who successfully
complete the training.
3. Upon receipt of this information the request will be reviewed to determine:
a. Whether the instructors are qualified to present the courses, b. Whether courses cover the required topics, c. Whether courses provide the minimum required hours of instruction, and d. Whether the school meets standards for approval.
4. Prior to approval, the Department may elect to attend all classes presented to determine that the school meets standards for approval.
Course List as required by 80-11-4-.02(2):

Understanding technical mortgage and financial terminology
Elements of the mortgage brokering process
The mortgage loan interview process Minimum standards for books and records Minimum standards for mortgage loan files Ordering documents Taking a detailed mortgage loan application Preparing a detailed good faith estimate Reviewing and understanding the credit report Reviewing and understanding the appraisal Verification of income and assets Documentation required for a mortgage loan Understanding available mortgage programs Disclosures required by Federal and Georgia Laws, Rules and Regulations
Federal Laws and Regulations applicable to mortgage loans and mortgage lending
Compliance with Federal Law and Regulations
Georgia Law and Rules governing mortgage brokers and mortgage lenders and applicable to mortgage loans and mortgage lending in the State of Georgia
Compliance with Georgia Law and Rules
Instructor qualifications as required by 80-11-4-.02(4):
Instructors must have a minimum of two years experience as a mortgage broker, mortgage lender, mortgage loan originator, mortgage loan processor, compliance officer, mortgage regulator, or the equivalent and must be proficient and have completed formal training acceptable to the Department in the subjects taught. Instructors should also have completed training in the fundamentals of teaching or instructing.

LICENSEES/REGISTRANTS APPROVED OR REINSTATED IN JULY 2000

ID# COMPANY NAME

CITY

ST

CODE

ORIGINAL APPROVAL

RENEW'D

REINSTAT'D

15708 Senior Homeowners Fin'l FT. LAUDERDALE FL L Svcs

07/07/2000 07/07/2000

15719 Mortgage Access Corporation

MORRIS PLAINS NJ L

07/07/2000 07/07/2000

15769 Alease M. Lewis

LITHONIA

GA B

07/07/2000 07/07/2000

15770 Demond Anton Kennedy LITHONIA

GA B

07/07/2000 07/07/2000

15777 Charlie L. Florence

LITHONIA

GA B

07/07/2000 07/07/2000

15803 Triad Financial Services, Inc.

JACKSONVILLE

FL L

07/07/2000 07/07/2000

15818 Jarrett N. Lakes

COLUMBUS

GA B

07/07/2000 07/07/2000

12023 Fidelity & Co. of Georgia ATLANTA

GA L

12/06/1996 07/14/2000 07/14/2000

13427 A-One Home Loans, Inc. AUGUSTA

GA B

15710 Eagle Mortgage Services, JONESBORO LLC

GA L

15747 Kimberly Charmaine Young STONE MOUNTAIN GA B

15766 Jon A. Scaman

ATLANTA

GA B

15771 Ray Jackson

LITHONIA

GA B

15772 Gwendolyn Williams Hudgen

DECATUR

GA B

15774 Jawahn Elise Ware

DECATUR

GA B

15775 Cynthia F. Goodwin

LITHONIA

GA B

15776 Maxine Quarterman

LITHONIA

GA B

15779 Ralph Eugene Lewis, Sr. LITHONIA

GA B

15785 Joe West

MORROW

GA B

15798 E. N. Horton Companies, FT. OGLETHORPE GA B LLC

15799 Mortgage Makers USA, Inc. BOCA RATON

FL B

15822 LoanLeaders of America IRVINE

CA B

15827 Christopher J. Cokley

ATLANTA

GA B

15829 Hubert Terrell Hammack CARROLLTON

GA B

15834 Johnnie S. Mason

PHENIX CITY

AL B

15835 James Wade Nordstrom SNELLVILLE

GA B

15836 Theresa H. Jackson

SNELLVILLE

GA B

15839 Mary Ruth Dubard

DACULA

GA B

15844 Tommy H. Oliver

SNELLVILLE

GA B

15848 Bychkovoy Oleg

ATLANTA

GA B

15849 Sylvester Jones

COLUMBUS

GA B

15850 Folashade Powers

STOCKBRIDGE

GA B

15851 Shirley Merritt

DULUTH

GA B

15852 Jason Sheer

SNELLVILLE

GA B

15853 Northpoint Home Loans, Inc.

ATLANTA

GA B

15854 Danny Keith Goodman

STOCKBRIDGE

GA B

15856 Kenneth Edward Poskey ATLANTA

GA B

15859 Randolph L. Zink

DULUTH

GA B

15860 HomeSouth Lending, Inc. ATLANTA

GA B

15862 Ron Emeneker

SNELLVILLE

GA B

15863 Charles Joseph McCusker JONESBORO

GA B

15868 Tidewater Mortgage Services, Inc.

ST. SIMONS ISLAND GA B

15869 Barbara Dionne Richardson ATLANTA

GA B

15870 Lighthouse Mortgage, Inc. GAINESVILLE

GA B

15872 Geraldine Brown

LUTHERSVILLE

GA B

15875 Gwen Lynn Rideout

WARNER ROBINS GA B

15876 Jennifer Brunswick Carr WARNER ROBINS GA B

15877 Darlene Harper

FORT VALLEY

GA B

04/17/1998 07/14/2000 07/14/2000 07/14/2000 07/14/2000

07/14/2000 07/14/2000 07/14/2000 07/14/2000

07/14/2000 07/14/2000 07/14/2000 07/14/2000

07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000

07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000

07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000

07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000

07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000

07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000

07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000

07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000

15878 Larry J. Ferrell

ATLANTA

GA B

15880 Derek Tyrone Valentine JONESBORO

GA B

15882 Harold E. Robbins, Jr.

DOUGLASVILLE GA B

15883 Fred T. Hanzelik

CHATTANOOGA TN B

15884 Petra Luzia Ellington

UNION CITY

GA B

15886 Cary Jones

UNION CITY

GA B

15888 Donna Marie Conyers

UNION CITY

GA B

15890 Debra Donaldson Scott

ATLANTA

GA B

15891 Moses Lee Bright, Jr.

STONE MOUNTAIN GA B

15892 Lizzie Annette Fowlkes

SNELLVILLE

GA B

15894 Asmura Corporation

ALPHARETTA

GA B

15896 McPhail Tull Mortgage, LLC CHARLOTTE

NC B

15899 Zenobia Delisa Mims

ATLANTA

GA B

15901 Kenneth John Norris

STOCKBRIDGE

GA B

15907 Roy Mitchell Bennett

STONE MOUNTAIN GA B

15910 Bryon Keith Head

ATLANTA

GA B

15911 Alvin Howard

DULUTH

GA B

15912 Stacy Guerrero

DULUTH

GA B

15914 Dean Anderson

SMYRNA

GA B

15916 Carole Ridley

SMYRNA

GA B

15919 Douglas K. Walker

SMYRNA

GA B

15920 Christopher Eaker

ATLANTA

GA B

15923 Terrell Dwayne Mason

STONE MOUNTAIN GA B

15926 Edmund L. Yeargan, III

SMYRNA

GA B

15929 Paul Robert Sherk

SMYRNA

GA B

15933 William E. Mosher

ROSWELL

GA B

15941 Carlos Perez

SMYRNA

GA B

15943 Sandy Earl Day

UNION CITY

GA B

15946 Stacey Lamar Bell

ATLANTA

GA B

15948 Milton Emerson Tatman, Jr. STONE MOUNTAIN GA B

15950 Cheryl Nichols Williams STONE MOUNTAIN GA B

15951 William Albert Estes, II

SMYRNA

GA B

15952 Deborah Grimmett-Harris LITHONIA

GA B

15953 Donna M. Parker

ATLANTA

GA B

15955 Robert Sam Mayo

DULUTH

GA B

15956 Larry Joe Keaton

DOUGLASVILLE GA B

15957 Eileen Patricia Goodman STOCKBRIDGE

GA B

15958 John Monroe Robertson STOCKBRIDGE

GA B

15959 May'Rose Sarah Israel

ATLANTA

GA B

15960 Amanda G. Tarrant

STOCKBRIDGE

GA B

15961 Maggie Ruth Wright

STONE MOUNTAIN GA B

15962 Thomas Anicattu George, STOCKBRIDGE Sr.

GA B

15965 Ruth P. Parks

DULUTH

GA B

07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000

07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000

07/14/2000 07/14/2000

15966 Donald J. Grace 15967 Amira Sa'Di 15969 Kevin Lee Maddox 15970 Brian C. Parks 15972 Belinda Vanessa Burrow 15974 Barbara Jean Shamlin 15976 Sarah Elizabeth Bush 15979 Teresa Karen Bright 15981 Jane Massey 15982 Randy Washington 15983 Staci Lynn Strickland 15984 Judy Rose Tye 15985 Cullen J. Reid 12134 Sean Cavanaugh 12953 Mortgage Store, Inc. (The) 14536 Ira Thomas 15687 Perspective Mortgages
Group, LLC 15802 Lincoln Mortgage
Corporation 15806 Julia Ann Kidd 15807 Dorothy L. Epps 15808 Lane Thomas Sanders 15809 Stanley Bruce Coogler 15810 Walter Dean Duke 15811 Donald Perry Powers 15812 Bobby Gene Patterson, Jr. 15813 George R. Wiggins 15814 Judy M. Bargainnier 15815 Michelle Renee Johnson 15816 Herbert Wayne Huff 15819 Charles Vincent Carroll 15821 Donna C. Turnipseed 15824 Robert Scott Smith 15825 Michael Les Carroll 15826 John W. Tanner, III 15828 Edward Cleve Mitchell, Jr. 15830 Bobby Kim Powers 15832 Kenneth J. Wiggins, Jr. 15833 DeAnn Lyle Duren 15837 Patrick O'Brien McBain 15838 Faye Priehs 15840 Lavina Louise Shields 15843 Terry Stephen Lawson

ATLANTA

GA B

DULUTH

GA B

JONESBORO

GA B

DULUTH

GA B

DULUTH

GA B

STONE MOUNTAIN GA B

STONE MOUNTAIN GA B

SWAINSBORO

GA B

BOWDON

GA B

VALDOSTA

GA B

ROSWELL

GA B

WARNER ROBINS GA B

SMYRNA

GA B

LAWRENCEVILLE GA B

MARIETTA

GA B

FORT VALLEY

GA B

STONE MOUNTAIN GA B

MARIETTA

GA B

CARROLLTON

GA B

CARROLLTON

GA B

CARROLLTON

GA B

CARROLLTON

GA B

CARROLLTON

GA B

CARROLLTON

GA B

CARROLLTON

GA B

CARROLLTON

GA B

DULUTH

GA B

COLLEGE PARK GA B

CARROLLTON

GA B

CARROLLTON

GA B

STONE MOUNTAIN GA B

CARROLLTON

GA B

CARROLLTON

GA B

CARROLLTON

GA B

CARROLLTON

GA B

CARROLLTON

GA B

CARROLLTON

GA B

CARROLLTON

GA B

STONE MOUNTAIN GA B

SNELLVILLE

GA B

COLUMBUS

GA B

STONE MOUNTAIN GA B

07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 12/27/1996 11/14/1997 04/23/1999 07/21/2000

07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/14/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000

07/21/2000 07/21/2000

07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000

07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000

15847 Nationwide Residential Capital, LLC

SANTA ANA

CA L

15871 Susan M. Levy

SMYRNA

GA B

15874 Richard Emory Blake

WOODBINE

GA B

15885 Jason Wade

MARIETTA

GA B

15900 Larry Darnell Durham, Jr. SMYRNA

GA B

15909 Tyrone Javard Stewart

ATLANTA

GA B

15915 David Benton Hendrix

ROSWELL

GA B

15922 Cynthia Carol Kramer

STOCKBRIDGE

GA B

15986 Georgia Walton Andrews TUCKER

GA B

15993 Suzanne Irene Jordan

WINTERVILLE

GA B

15994 Gerald A. Alfredson

SMYRNA

GA B

15995 Brenda Therese Johnson STONE MOUNTAIN GA B

15997 Earl Clinton King

COLUMBUS

GA B

16000 Laurie Pazda

KENNESAW

GA B

16001 Glenn Arnold Craven

JONESBORO

GA B

16003 George Wendell Petty

CARROLLTON

GA B

16004 Jimmy L. Jackson

COLLEGE PARK GA B

16006 Charles G. Jean- Charles DOUGLASVILLE GA B

16007 Diversified Financial Group, NORCROSS LLC

GA B

16009 Jan Vanarsdale

ENGLEWOOD

CO B

6443 Southern Financial Mortgage Corporation

CUMMING

GA L

6955 Veterans Choice Mortgage, MARTINEZ Inc.

GA B

7251 Lindsay Cary Martin

TUCKER

GA B

12282 Douglas James Alexander CARROLLTON

GA B

13299 Embassy Mortgage Group, CLEARWATER Inc.

FL B

13865 America's Choice Mortgage, MARTINEZ Inc.

GA B

14368 Russell Max Samples

DULUTH

GA B

14955 First Choice Financial Services, Inc.

TUCKER

GA L

15340 Homefn Mortgage Corporation

ATLANTA

GA L

15758 Universal Funding Group SPRINGDALE

MD B

15780 Hubert Edmond Wilson

LITHONIA

GA B

15801 Genesis Mortgage Inc.

ST. MARYS

GA B

15820 Allright Mortgage, Inc.

MABLETON

GA B

15841 James Michael Glass

STONE MOUNTAIN GA B

15842 Howard DeLeon Roberts, STOCKBRIDGE Sr.

GA B

15846 Anchor Mortgage, Inc.

WARNER ROBINS GA B

15858 William James Doanes

LITHONIA

GA B

07/21/2000 07/21/2000

07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000

07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000 07/21/2000

07/21/2000 07/21/2000 06/28/1993 07/28/2000 03/17/2000

08/12/1994 07/28/2000 07/28/2000

07/14/1995 02/28/1997 05/01/1998

07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000

08/28/1998 07/28/2000 07/28/2000

02/26/1999 07/28/2000 07/28/2000 08/27/1999 07/28/2000

07/28/2000 07/28/2000

07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000

07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000

07/28/2000 07/28/2000 07/28/2000 07/28/2000

15873 Dunn's Underwriters & Financial Services
15881 John David Ennis 15893 DeCarlos Perez Williams 15903 Jeanne Thomas Mayer 15904 Beverly Francine Sharpe 15905 Ronald Eugene Emerich 15906 Timothy Orion Petty 15917 Edwin Gilbert Perez 15918 Michael Troy Crouch 15921 Ernest Stuart VanHoozer 15924 Hazel K. Dorsey 15927 Ronald Allen McCall 15928 Samuel R. Witherington 15930 Willie James Seals 15932 Lawanda F. McCollum 15934 Ira Presley, Jr. 15935 Kay Karras Guice 15936 Willie C. Gardner 15937 Ronald C. Comer, Sr. 15938 Barbara C. Tillman 15942 Thomas Mosley 15944 Humphrey Chukwunyere
Mbadugha 15964 LaLisa Leary 15971 Donald K. Williams 15975 Rodricus Cortez Walker 15977 Sharon Joan Corsi 15978 Abel Exantus 15980 Wendy L. Smith 15987 Juan Manuel Torres 15996 Linda Sue Smith 16014 Absolute Wholesale
Mortgage, LLC 16016 Colonnade Financial, LLC 16023 James Tracy Aikens 16026 Stephanie L. Wells

LITHONIA

GA B

LAWRENCEVILLE GA B

STONE MOUNTAIN GA B

JONESBORO

GA B

MACON

GA B

CARROLLTON

GA B

CARROLLTON

GA B

CARROLLTON

GA B

SMYRNA

GA B

CARROLLTON

GA B

STONE MOUNTAIN GA B

VALDOSTA

GA B

MORROW

GA B

CARROLLTON

GA B

STONE MOUNTAIN GA B

FORT VALLEY

GA B

CARROLLTON

GA B

MACON

GA B

COLLEGE PARK GA B

MACON

GA B

MACON

GA B

STONE MOUNTAIN GA B

LITHONIA

GA B

MACON

GA B

STONE MOUNTAIN GA B

STONE MOUNTAIN GA B

MORROW

GA B

MACON

GA B

MARIETTA

GA B

GRIFFIN

GA B

HONOLULU

HI L

CHARLESTON DOUGLASVILLE COLLEGE PARK

SC L GA B GA B

07/28/2000 07/28/2000

07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000

07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000

07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000

07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000 07/28/2000

07/28/2000 07/28/2000 07/28/2000

07/28/2000 07/28/2000 07/28/2000

TOTAL: 204

B = BROKER L = LENDER R = REGISTRANT

* Upgrade Broker to Lender + Downgrade Lender to Broker = Downgrade Registrant to Broker

LICENSEES/REGISTRANTS REVOKED, EXPIRED, SUSPENDED, WITHDRAWN OR DENIED IN JULY 2000

ID# NAME

CODE REVOKED EXPIRED SUSPENDED WITHDRAWN DENIED

5751 Equi-Finl LP

LD

07/17/2000

5853 Johnson & Associates Mtg LD

07/20/2000

6034 Guaranty Bank SSB

RD

07/20/2000

6270 EquiCredit Corp of Amer RD

07/13/2000

6837 Delta Mtg Co

BD

07/20/2000

7247 GB Home Equity

LD

07/17/2000

7442 Mtg Cap Resource Corp LD

07/07/2000

11312 Mid Cities Mtg Inc

BD 07/18/2000

11484 Indy Mac Inc

LD

07/20/2000

12142 Currahee Finl Grp Inc

BD

07/17/2000

12390 Loan Works

LD

07/20/2000

12687 GN Mtg Corp

RD

07/21/2000

13025 Online Mtg

BD

07/10/2000

13532 USA Finl Svcs Inc

LD 07/05/2000

14569 Source One Mtg Corp

LD

07/07/2000

14907 Unlimited Mtg Funding LLC BD

07/17/2000

14958 Paragon Mtg & Ln Co Inc BD

07/07/2000

15037 Homes For Better Living o BD

07/01/2000

15491 Sears, Roebuck and Co. BD

15683 Alliance Capital Corp

LD

07/21/2000

15791 Glover Mtg Svcs Inc

BD

15861 Gilmer, David M

BD

15945 Holloway, Willie J

BD

TOTAL: 23

FINES ASSESSED IN JULY 2000

ID#

ISSUE DATE

*FINE REASON

FINE

PAID DATE COMPANY NAME

CITY

ST

5880 07/07/2000 UL

$1000.

Cannon Mortgage Company, Inc. Atlanta

GA

6992 07/05/2000 B&R

$500.

Bayrock Mortgage Corporation

Atlanta

GA

6992 07/05/2000 FILE

$500.

Bayrock Mortgage Corporation

Atlanta

GA

7075 07/06/2000 B&R

$1000.

Fidelity Home Mortgage Corp.

Atlanta

GA

7075 07/06/2000 BR

$250.

Fidelity Home Mortgage Corp.

Atlanta

GA

7075 07/06/2000 FILE

$6500.

Fidelity Home Mortgage Corp.

Atlanta

GA

7075 07/06/2000 FILE

$500.

Fidelity Home Mortgage Corp.

Atlanta

GA

7075 07/06/2000 B&R

$1000.

Fidelity Home Mortgage Corp.

Atlanta

GA

7075 07/06/2000 B&R

$5000.

Fidelity Home Mortgage Corp.

Atlanta

GA

7075 07/06/2000 B&R

$500.

Fidelity Home Mortgage Corp.

Atlanta

GA

7075 07/06/2000 UL

$1000.

Fidelity Home Mortgage Corp.

Atlanta

GA

7215 07/06/2000 B&R

$500.

Southern Atlantic Financial Services, Atlanta

GA

Inc.

7215 07/06/2000 B&R

$500.

Southern Atlantic Financial Services, Atlanta

GA

Inc.

7368 07/06/2000 B&R

$500.

All States Home Improvement Co. Decatur

GA

12252 07/06/2000 UL

$1000.

American Mortgage Services, Inc. Norcross

GA

12252 07/06/2000 B&R

$500.

American Mortgage Services, Inc. Norcross

GA

12252 07/06/2000 B&R

$1000.

American Mortgage Services, Inc. Norcross

GA

12252 07/06/2000 FILE

$500.

American Mortgage Services, Inc. Norcross

GA

13755 07/05/2000 B&R

$500.

HomeAdvantage, Inc.

Atlanta

GA

13755 07/05/2000 B&R

$500.

HomeAdvantage, Inc.

Atlanta

GA

13816 07/06/2000 UL

$7000.

Mortgage Max, Incorporated

Suwanee GA

13816 07/06/2000 FILE

$6000.

Mortgage Max, Incorporated

Suwanee GA

13816 07/06/2000 OTH

$1000.

Mortgage Max, Incorporated

Suwanee GA

13816 07/06/2000 B&R

$500.

Mortgage Max, Incorporated

Suwanee GA

13816 07/06/2000 FILE

$500.

Mortgage Max, Incorporated

Suwanee GA

13816 07/06/2000 B&R

$500.

Mortgage Max, Incorporated

Suwanee GA

13816 07/06/2000 REL

$250.

Mortgage Max, Incorporated

Suwanee GA

14428 07/05/2000 B&R

$500.

Alethea D. Taylor

Atlanta

GA

14428 07/05/2000 B&R

$500.

Alethea D. Taylor

Atlanta

GA

14457 07/05/2000 FILE

$500.

Republic Mortgage, Inc.

Newnan

GA

14847 07/06/2000 UL

$1000. 07/13/2000 Tri Dimensional Services, Inc.

Covington GA

1099 B&R BR CD CIC EMP FEE

*FINE REASON

1099 employees

Books & records

FILE

Unapproved branch

LAR

Violation of Cease & Desist Order NSF

Acq. of 25% ownership without REL

approval

REN

Employer under C&D or

UL

revocation

OTH

$6.50 fees not paid

Loan files not properly maintained Late filing Written Annual Report Check returned for insufficient funds Relocation of office without notice Renewal filed late Doing business with unlicensed entity Miscellaneous other

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