Monthly summary of mortgage activities, Dec. 2003

Monthly Summary of Mortgage Activities
Georgia Department of Banking and Finance
2990 Brandywine Road, Suite 200, Atlanta, GA 30341-5565
FOR THE PERIOD ENDING DECEMBER 2003
SUMMARY OF ACTIVITIES - MORTGAGE DIVISION WEBSITE: www.dbf.state.ga.us
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ONLINE LICENSE RENEWALS - FY 2005
The ANNUAL LICENSE RENEWAL process will soon be underway, and beginning with this FY2005 licensing period, on-line web-based renewal applications will be available to qualifying renewal applicants.
Qualifying applicants generally are those who do not have any outstanding issues, fees or fines, and who have a current surety bond or letter of credit as a means of qualifying for their license, not a qualifying minimum net worth.
If you qualify, an access code will be generated for you to use in accessing the on-line application system. Information regarding the website and the access code will be provided to qualifying licensees along with this year's paper copy application. This package will be mailed in early February. Please contact the office at renewal@dbf.state.ga.us if you do not receive your renewal forms.
Renewals, whether completed on-line or in hard-copy format, are due by April 1, 2004. Failure to properly file the renewal application will result in a $300 late fine. As in prior years, and for all licensees whether renewing on-line or by mail, all outstanding issues such as any fines, fees, stale audits, complaint resolution, etc. must be resolved before your renewal license will be granted. Licensees who do not complete the renewal process by June 30, 2004, will have their licenses expire, and will have to cease operations.
The Department encourages licensees who qualify for the on-line renewal to take advantage of this process, which will reduce processing time, eliminate mailing concerns, and ensure quality data entry. Hopefully, a successful renewal program will enable the Department to provide more on-line functions regarding your license, such as address changes, fee payments, other license changes, etc., and we would like to thank you in advance for supporting the on-line automation efforts of the Department.
GRAMM-LEACH-BLILEY ACT
The Gramm-Leach-Bliley Act requires that financial institutions protect the security and confidentiality of their customer's data. In that regard, the Safeguards Rule which applies to any business that is significantly engaged in providing financial products and services to consumers has been adopted by the Federal Trade Commission (FTC) It does apply to Mortgage Brokers and non-bank lenders and others. It is suggested that persons read the

article detailed at http://www.ftc.gov/bcp/conline/pubs/buspubs/safeguards.htm and also view the content of www.ftc.gov/privacy/glbact . To find out whether your company is considered a "financial institution" under that act review Section 313.3 (k) of the FTC's privacy Rule.
COUNTERFEIT LICENSE FOR #13177
Someone is using a counterfeit FY 2004 "license" for #13177 - Carteret Mortgage Corporation. So far as we can determine, the person circulating this document is not affiliated with Carteret. The document is easy to spot as a fake since it, in no way, resembles an authentic license issued by this Department for 2004. Carteret did not receive any license for 2004 because they withdrew from operations in Georgia in May 2003. Please be on the lookout for this document (as well as other forgeries) and report any attempts to use it to this Department.
VERIFYING LICENSED ENTITIES
Rule 80-11-4-.05 of the Mortgage Division Rules states, in part, that it is the licensee's responsibility to "know" that it is conducting business with a licensed entity.
You run the risk of conducting business with an unlicensed entity if you do not verify the license. The fine for "dealing with unlicensed persons" under Rule 80-11-3-.01 (4) is $1,000 per transaction and your license shall be subject to suspension or revocation. Anyone who purchases, sells, places for processing or transfers a mortgage loan or loan application to or from a person who is required to be licensed but is not properly licensed will be fined.
You can check the license status of any licensee by going to the Department's web site at http://www.ganet.org/dbf/mortgage.html . From there you can check by entering the licensee's name, license number, or city, or leave the selection box blank and you will get a complete listing of licensees. There is also an option to download the entire list into an Excel spreadsheet.
RECORD RETENTION
The Department has recently received several inquires regarding the acceptability of electronic record retention. Rule 80-11-2-.01(5) of the Department of Banking and Finance states that "Any books, accounts or records required to be maintained by Chapter 80-11-2 of the Department may be maintained in their original form, on microfiche or other electronic media, provided: (i) that the records shall be made available to the Department as provided in this Rule; and (ii) at the request of the Department, the records shall be printed on paper for inspection or examination." Therefore, electronic record retention (such as imaging) is acceptable provided items (i) and (ii) listed above are met.
BACKGROUND CHECKS - "MULTI-SOURCE" OFFENDER
The Department has recently been notified by the GBI that they have changed the verbiage that appears on criminal history reports regarding multi-state offenders since the information could be from local, state or federal convictions or warrants. (NCIC, the National Crime Information Center, is the computerized index of criminal justice information maintained by the FBI.)
Please see the notice provided below by the GBI:

The multistate notation on Georgia criminal history really means multi "source". Therefore, the verbiage on the Georgia criminal history will now read multisource offender instead of multistate offender.
The "multisource offender" statement will appear on a Georgia criminal history if: (1) the individual has criminal history records in 2 or more states; (2) has at least one criminal history record and an active warrant on NCIC; (3) has at least one criminal history record and is on the NCIC convicted sex offender file.
Please be aware of this when performing background checks on your covered employees. If you receive a report which now indicates "Multi-Source" you will need to obtain fingerprint cards from that individual for submission to the Department for processing with the GBI and FBI. Please visit the Department's website at www.state.ga.us/dbf/mortgage_forms.html to obtain the Fingerprint Card request form, instructions, and payment information.
OUT OF STATE BROKERS
The Official Code of Georgia Section 7-1-1003.1 states, in part, that if the applicant for a new or renewal mortgage broker license does not have a physical place of business in Georgia, then a license or a renewal may only be issued if the applicant's home state also does not require that in order to be licensed a mortgage broker must have a physical place of business in their home state. This location must be staffed by at least one supervised employee. It can not be a post office box or any other place where the public receives mail, deliveries, or messages. Currently the states of Alabama, Kentucky, Massachusetts, New Jersey, Pennsylvania, South Carolina and Texas have the requirement that brokers have a physical place of business in their home state.
ENFORCEMENT ACTIONS
From time to time, the Department has to resort to enforcement actions against those brokers and lenders who are unable or unwilling to comply with the Georgia Residential Mortgage Act (GRMA). These actions come in a variety of forms, have differing consequences, and are often used to achieve a desired goal. Some actions are used as a preventative or corrective measure, while others are more punitive in nature when it is determined that the licensee deliberately or through negligence violated our law.
The most useful tool available to the Department is the "Memorandum of Understanding". While many applicants object to entering into a MOU with the Department, these documents are often beneficial to them. A well written MOU allows the Department to say "Yes" where the circumstances would normally call for a "No" answer. MOU's are used in situations where there are questionable background issues (such as credit issues subject to legal action or appeal), employment issues, or situations where the proof required for a more punitive adverse action has not been fully developed. The Department benefits from an MOU because the applicant has to sign the form and acknowledge their responsibilities under the MOU. In addition, the applicant has to acknowledge the consequences for failing to provide the desired corrective measures. Since the document represents understanding among the parties, the existence of an MOU is usually not published in the Monthly Summary of Mortgage Activities.
Consent Agreements have a similar effect to the MOU; however, they are usually considered to be more serious and restrictive. They are often drafted by legal counsel and sometimes lenders will choose not to do business with a broker who is subject to a Consent Agreement. The existence of a Consent Agreement is published in our Monthly Summary.

A review of Rule 80-11-3-.01 will reveal a variety of monetary fines that are often levied for infractions of GRMA. Licensees never want to pay fines so it would be wise to review this regulation to become familiar with the types of infractions which carry fines. Some infractions receive a one-time fine, others are "tiered" in that each instance of the infraction results in its own separate fine. Some fines (such as the employment of felons) are accompanied by further actions such as a Cease and Desist Order (see below) and/or License Revocations. Fines levied by this Department are published in our Monthly Summary.
Cease and Desist Orders (C&D) are issued in cases of greater concern. These documents represent an order by this Department for a person who is performing acts covered by GRMA to immediately stop engaging in illegal activities such as employing felons, operating without a license, or doing business with unlicensed persons. Generally, licensed companies (partnerships, LLC's, sole proprietors, and etc.) who are issued a C&D must refrain from the prohibited activity, but their license remains active. However, many of these activities may or could also result in monetary penalties and revocation of the license. Individuals who receive a Cease and Desist Order for engaging in activities requiring a license under GRMA but who do not have one will be barred from working in the residential mortgage industry for THREE YEARS. A listing of those persons receiving a Cease and Desist Order are published in each Monthly Summary. Licensees are prohibited from doing business with individuals who have outstanding C&D Orders.
The most punitive enforcement action is a revocation of the mortgage license. Revocation of a license is pursued against companies whose actions (business activities) pose a threat to Georgia consumers and generally prove to fall into those acts prohibited by the code.
HIRING EMPLOYEES
As a licensee, it is important to realize that you are responsible for the persons you employ. That is why it is very important that, prior to employment, you conduct proper pre-employment checks with previous employers of the prospective employee, conduct Georgia Crime Investigative Center (GCIC) background checks on covered employees, and verify that the person is qualified to work in the mortgage industry. By qualified, in this instance, it means that the individual does not have an outstanding Cease and Desist order issued against them by the Department. Regulation 80-11-.01 (10) states that: "Any licensee or registrant who employs any other person against whom a final Cease and Desist order has been issued within the preceding three (3) years, if such order was based on a violation of Code Section 7-1-1013 or based on the conducting of a mortgage business without a required license or exemption....shall be subject to a fine of $1,000 per such employee and their license or registration will be subject to revocation or suspension."
In order to determine if a prospective employee has an outstanding Cease and Desist order, please check the Department's listing of outstanding Orders at http://www.state.ga.us/dbf/cdorders.html. For individuals, you may enter last name first or part of a name, for example "jo" only for Jones, Johnson, etc. To see all outstanding Cease and Desist orders, simply leave the selection box blank and press "Submit Query".
This is a comprehensive listing of companies that have outstanding orders. It also lists individuals who, because of the outstanding order, are generally not permitted to be employed in the industry for a period of 3 years. Please review this list prior to hiring individuals to work for your business. In the event that you have a question with regard to conducting business with a company on the list, please contact this office.
CEASE AND DESIST ORDERS - Issued
Bennington, George A., IV, Alpharetta, GA - Cease and Desist Order issued November 5, 2003 and became final on December 5, 2003.

Burke, Kimberly, Savannah, GA - Cease and Desist Order issued November 18, 2003 and became final on December 18, 2003.
Davidson, Alfred L., West Point, GA - Cease and Desist Order issued November 5, 2003 and became final on December 5, 2003.
Eiss, Jason, Centreville, VA - Cease and Desist Order issued November 18, 2003 and became final on December 8, 2003.
First Funding Mortgage Co., Inc. (license no. 12196) Charleston, SC - Cease and Desist Order issued November 18, 2003 and became final on December 8, 2003.
Genisys Financial Corp. (license no. 13629) San Diego, CA - Cease and Desist Order issued November 20, 2003 and became final on December 10, 2003.
Janis, Mark, Atlanta, GA - Cease and Desist Order issued November 20, 2003 and became final on December 10, 2003.
Johnson, Earl, Lithonia, GA - Cease and Desist Order issued November 5, 2003 and became final on December 5, 2003.
Johnston, Dawn B., Acworth, GA - Cease and Desist Order issued November 9, 2003 and became final on December 29, 2003.
Johnston, Jon S, Acworth, GA - Cease and Desist Order issued November 9, 2003 and became final on December 29, 2003.
Johnson, Lisa, College Park, GA - Cease and Desist Order issued November 5, 2003 and became final on December 5, 2003.
Jones Family Home Center, Inc. (license no. 16142) Valdosta, GA - Cease and Desist Order issued November 25, 2003 and became final on December 25, 2003.
McCrary, Sheldon, Lithonia, GA - Cease and Desist Order issued November 5, 2003 and became final December 5, 2003.
Moore, Jamie, Snellville, GA - Cease and Desist Order issued November 5, 2003 and became final December 5, 2003.
Mortgage On Call (license no. 17193) Duluth, GA - Cease and Desist Order issued November 24, 2003 and became final on December 21, 2003.
Simmons, Aldon B., Duluth, GA - Cease and Desist Order issued November 5, 2003 and became final on December 5, 2003.
Smith, Whitney, Kennesaw, GA - Cease and Desist Order issued November 18, 2003 and became final on December 18, 2003.
Stanley, William aka Winston Hodge aka David Winston Hodge, Riverdale, GA - Cease and Desist Order issued November 5, 2003 and became December 5, 2003.
Wynn, Vincent D., Lawrenceville, GA - Cease and Desist Order issued December 9, 2003 and became final on December 29, 2003.

CEASE AND DESIST ORDER - Lifted
Thornton, Anthony, Smyrna, GA - Cease and Desist Order issued September 17, 2003 was LIFTED on December 8, 2003.

FINAL CONSENT ORDER
On December 19, 2003, the Department entered a Consent Order with Stone Mountain Mortgage, license #5741 whereby the Stone Mountain Mortgage company will cooperate with DBF during an examination.

E-MAILING THE DEPARTMENT
The Department would like to encourage you to correspond with us using e-mail.
Providing written details in the e-mail regarding any questions or concerns you may have allows the Department to forward the request to the appropriate person who handles that area, and if sufficient details are provided in the request, that person can then more efficiently provide you an answer.
The e-mail address is dbfmort@dbf.state.ga.us
A detailed message which will be distributed to the proper individual will help us help you. In the event you still need additional information, please contact us by phone.

DISTRIBUTING THE MONTHLY SUMMARY
The Monthly Summary of Mortgage Activities is E-mailed each month to licensees. The Department requests that all licensees provide the Department a valid E-mail address in order to receive the Monthly Summary each month in a timely manner. For all other licensees, the Monthly Summary is available on the Department's website http://www.state.ga.us/dbf/bulletins.html each month. This delivers the Mortgage Summary to you more rapidly and efficiently. If you have not already provided the Department with your E-mail address, please contact the Mortgage Division at dbfmort@dbf.state.ga.us or at 770-986-1633 if you have any questions.
Licenses issued in Georgia are subject to revocation, withdrawal or suspension. To verify the current status of a license call 770-986-1269 or check our web site at http://www.state.ga.us.dbf/

2004 HOLIDAY SCHEDULE
In accordance with O.C.G.A. 1-4-1, Governor Sonny Perdue proclaimed the following dates as public and legal holidays for the year 2004.
2004

New Year's Day Martin Luther King, Jr.'s Birthday Robert E. Lee's Birthday

Thursday, January 1 Monday, January 19 Monday, January 19

(Will be observed) Washington's Birthday (Will be observed) Confederate Memorial Day Memorial Day Independence Day (Will be observed) Labor Day Columbus Day Veteran's Day Thanksgiving Day (Alternate observance of Lee's Birthday) Christmas Day (Will be observed) (Alternative observance of Washington's Birthday)

Friday, November 26 Sunday, February 22 Thursday, December 23 Monday, April 26 Monday, May 31 Sunday, July 4 Thursday, December 23 Monday, September 6 Monday, October 11 Thursday, November 11 Thursday, November 25 Friday, November 26 Saturday, December 25 Friday, December 24 Thursday, December 23

LICENSEES/REGISTRANTS REVOKED, EXPIRED, SUSPENDED, WITHDRAWN OR DENIED IN DECEMBER 2003

ID#
7260 7399 12980 13767 15104 15511 15840 16055 16142 16629 17193 17201 17395

NAME
AAA GA HM IMPRVMNT CO 1ST GA MTG & FINL INC UNIVERSAL FINL SVCS INC SOUTHERN HM LENDING GETSMART.COM INC CHASE PREF CAP CORP SHIELDS, LAVINA L GREYSTONE MTG CORP JONES FAMILY HM CTR INC TRANSWORLD MTG CORP MTG ON CALL POWERPLUS MTG INC PLATINUM FINL GRP LLC

CODE
BD BD BD BD BD RD BD BD BD BD BD BD BD

REVOKED
12/08/2003

EXPIRED

SUSPENDED

12/17/2003

12/08/2003
12/29/2003 12/03/2003 12/08/2003

12/17/2003 12/25/2003

WITHDRAWN
12/31/2003 12/23/2003 12/14/2003 12/09/2003
12/01/2003

DENIED

TOTAL: 13

LICENSEES/REGISTRANTS APPROVED OR REINSTATED IN DECEMBER 2003

ID# COMPANY NAME

CITY

6968 18601 18832 18881 18886 18887 18895 18918 18927 18931 18955 18958 18972 18978 18980 18991 19001 19002 19005 19013 19017 19077 19083
5831 14321 18909 18920 18954 18979 18998 19012 19018 15695 18685 18768 18854 18907 18948 18950 14123 18861 18919 19000

Washington Mutual Fin # North American Real Estate Anchor All Realty & Mortgage, Loan America, Inc. Harry Owen Hames, Jr. Marvin Hunter Foster Milton M. Epstein McCalep & Associates, LLC Thomas-Chambers Company Margaret M. Haralson Simeon Okolie Odihe Sharon Annette Franklin Hugh Warren Lawson Deborah L. Switts People's Mortgage & Finance Tsang Li Lin Lee Wayne Stallings, Jr. Christopher Todd Mitchell Christopher McBride-Colvard Stephen Michael Smith First Option Mortgage, LLC Crescent Mortgage Company Community Resource Mortgage, Equity One, Inc. # Piedmont Funding Grp, LLC + Julian Mortgage Corp. Mortgage Processing Solutions, The Private Lending Group, LLC Valerie Primas Mitchell Homestart Financials, Inc. Garland William Morgan Sunshine Mortgage Financial The Mortgage Division, Inc. * Aardvark Financial, Inc. RBC Dain Rauscher, Inc. Atlantic Financial Mortgage, Inc. Antonio D. Wyche Frederick Eugene Polite Tad Richard Possenti Silverton Mtg Specialists, Inc. * Augusta Relocation, Inc. Corestar Financial Group, LLC Jon B. Allen

TAMPA WESTLAKE HARTWELL NORCROSS MARIETTA COLUMBUS MARIETTA DECATUR OAKLAND SENIOA MARIETTA DALTON ATHENS ROSWELL LAWRENCEVILLE ALPHARETTA NASHVILLE COVINGTON HAMPTON CUMMING ATLANTA ATLANTA COLUMBIA MARLTON ATLANTA ORLANDO AVONDALE ATLANTA ATLANTA MARIETTA DULUTH AUSTELL CONYERS NORCROSS MINNEAPOLIS ATLANTA MACON ALBANY SMYRNA ATLANTA EVANS TIMONIUM KENNESAW

ST MB CODE
FL R CA L GA B GA L GA B GA B GA B GA B CA B GA P GA B GA B GA B GA B GA B GA B GA B GA B GA B GA B GA B GA R SC R NJ R GA B FL B GA P GA B GA B GA B GA B GA B GA L GA P MN R GA B GA B GA B GA B GA L GA B MD L GA B

ORIGINAL APPROVAL
08/26/1994 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 06/11/1993 02/19/1999 12/12/2003 12/12/2003 12/12/2003 12/12/2003 12/12/2003 12/12/2003 12/12/2003 06/09/2000 12/19/2003 12/19/2003 12/19/2003 12/19/2003 12/19/2003 12/19/2003 11/20/1998 12/26/2003 12/26/2003 12/26/2003

RENEWAL
12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/05/2003 12/12/2003 12/12/2003 12/12/2003 12/12/2003 12/12/2003 12/12/2003 12/12/2003 12/12/2003 12/12/2003 12/19/2003 12/19/2003 12/19/2003 12/19/2003 12/19/2003 12/19/2003 12/19/2003 12/26/2003 12/26/2003 12/26/2003 12/26/2003

REINSTATED

LICENSEES/REGISTRANTS APPROVED OR REINSTATED IN DECEMBER 2003

ID# COMPANY NAME

CITY

19030 19033 16095

Home First Mortgage Macquarie Mortgages USA, Inc. Available Mortgage Funding,

ALPHARETTA MEMPHIS DALLAS

ST MB CODE
GA B TN L TX L

ORIGINAL APPROVAL
12/26/2003 12/26/2003 09/22/2000

RENEWAL
12/26/2003 12/26/2003 12/05/2003

REINSTATED
12/05/2003

TOTAL: 46

B = BROKER L = LENDER R = REGISTRANT

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

FINES ASSESSED IN DECEMBER 2003

ID#

ISSUE

DATE

FINE

PAID DATE

COMPANY NAME

CITY

ST

5741

12/19/2003

$1000.

Stone Mountain Mortgage, Inc.

Tucker

GA

5741

12/19/2003

$1000.

Stone Mountain Mortgage, Inc.

Tucker

GA

5741

12/19/2003

$1000.

Stone Mountain Mortgage, Inc.

Tucker

GA

5903

12/30/2003

$1000.

Mortgage Associated Lending Corporation

Decatur

GA

5903

12/30/2003

$1000.

Mortgage Associated Lending Corporation

Decatur

GA

5903

12/30/2003

$1000.

Mortgage Associated Lending Corporation

Decatur

GA

6183

12/15/2003

$1000.

Direct Mortgage, Inc.

Norcross

GA

6183

12/15/2003

$1000.

Direct Mortgage, Inc.

Norcross

GA

6342

12/16/2003

$1000.

Caversham Financial, Inc.

Atlanta

GA

6342

12/17/2003

$4000.

Caversham Financial, Inc.

Atlanta

GA

6342

12/17/2003

$500.

Caversham Financial, Inc.

Atlanta

GA

6342

12/17/2003

$1000.

Caversham Financial, Inc.

Atlanta

GA

6342

12/17/2003

$1000.

Caversham Financial, Inc.

Atlanta

GA

6342

12/17/2003

$1000.

Caversham Financial, Inc.

Atlanta

GA

7115

12/30/2003

$1000.

Allied Home Mortgage Capital Corporation

Houston

TX

7115

12/30/2003

$1000.

Allied Home Mortgage Capital Corporation

Houston

TX

7115

12/30/2003

$500.

Allied Home Mortgage Capital Corporation

Houston

TX

11944

12/01/2003

$50.

Independent Realty Capital Corporation

Anaheim

CA

12109

12/18/2003

$500.

Georgia State Mortgage, Inc.

Conyers

GA

12109

12/18/2003

$500.

Georgia State Mortgage, Inc.

Conyers

GA

12109

12/18/2003

$1000.

Georgia State Mortgage, Inc.

Conyers

GA

12109

12/18/2003

$7000.

Georgia State Mortgage, Inc.

Conyers

GA

12109

12/18/2003

$1000.

Georgia State Mortgage, Inc.

Conyers

GA

14043

12/09/2003

$2000.

Principal Mortgage Group, Inc.

Brunswick

GA

14043

12/09/2003

$500.

Principal Mortgage Group, Inc.

Brunswick

GA

14143

12/31/2003

$1000.

Banker's Secrets, Inc.

Marietta

GA

14143

12/31/2003

$2000.

Banker's Secrets, Inc.

Marietta

GA

14143

12/31/2003

$1000.

Banker's Secrets, Inc.

Marietta

GA

14143

12/31/2003

$1000.

Banker's Secrets, Inc.

Marietta

GA

FINES ASSESSED IN DECEMBER 2003

ID#
15622 16629 16629 16629 16629 16629 17779 17999 17999 18540

ISSUE DATE
12/01/2003 12/10/2003 12/10/2003 12/10/2003 12/10/2003 12/10/2003 12/12/2003 12/18/2003 12/18/2003 12/19/2003

FINE
$25000. $5000. $7000. $3000. $7000. $500. $2000. $1000. $1000. $2000.

PAID DATE
12/31/2003

COMPANY NAME
HomeBanc Mortgage Corporation Transworld Mortgage Corporation Transworld Mortgage Corporation Transworld Mortgage Corporation Transworld Mortgage Corporation Transworld Mortgage Corporation Partnership Mortgage, Inc. Total Mortgage Processing, Inc. Total Mortgage Processing, Inc. Georgia Funding Network, LLC

CITY

ST

Atlanta

GA

Lawrenceville

GA

Lawrenceville

GA

Lawrenceville

GA

Lawrenceville

GA

Lawrenceville

GA

Roswell

GA

Marietta

GA

Marietta

GA

Norcross

GA

FINE REASON

3 Licensees fined for Prohibited Acts 11 Licensees fined for Books & Records 1 Licensee fined for Unapproved Branches 1 Licensee fined for Acq. Of 25% ownership w/o approval 1 Licensee fined for $6.50 fees not paid 11 Licensees fined for loan files not properly maintained 1 Licensee fined for check returned for insufficient funds

2 Licensees fined for doing business with unlicensed entity
1 Licensee fined for other miscellaneous 1 Licensee fined for Audit filed late
4 Licensees fined for Advertising violation 2 Licensees fined for Background Check
violation