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27 applications for a new license or registration and 8 applications for reinstatement of previously revoked or withdrawn licenses. Seventeen licenses were either revoked or withdrawn during July.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 Return to Bulletins/Summaries Page Return to DBF Home Page