Monthly summary of mortgage activities, July 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 JULY 2003
SUMMARY OF ACTIVITIES - MORTGAGE DIVISION WEBSITE: www.dbf.state.ga.us
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**ANNOUNCEMENTS**
RETIREMENTS AND APPOINTMENTS
Governor Sonny Perdue has appointed David G. Sorrell as Commissioner of Banking and Finance to serve the remainder of the previous term ending on January 20, 2004, and a four year term to commence thereafter. David G. Sorrell began his career with the Department in 1974 as an examiner in northeast Georgia. Mr. Sorrell served as acting commissioner in January 2002, when his predecessor, Steven Bridges, retired.
It has recently been announced that, Deputy Commissioner for Mortgage, Robley Rigdon plans to retire prior to year-end. In order to provide for a smooth and orderly transition, Robert M. Braswell is being appointed as the Department's new Deputy Commissioner for Mortgage. Rob Braswell has served as District Director in the Department's Northwest examination district (District 1) since October 1997. In this capacity, he has had responsibility for the direct supervision/examination of state-chartered banks, credit unions and holding companies encompassing the northwest area of the State. Rob began his career with the Department in 1984 as an Assistant Financial Examiner. He served as Supervisory Examiner in District 1 for four years prior to becoming District Director, and is well qualified for this new challenge in the Mortgage Division.
In addition, Drexel Beck, Director for Mortgage, has announced his intention to retire after 30 years of service with the Department. His retirement is effective September 1, 2003.
FINAL REGULATIONS Adopted July 28, 2003
Pursuant to the authority granted in O.C.G.A. 7-1-1012, and other sections, and according to the provisions of the Georgia Administrative Procedures Act, O.C.G.A. 50-13-1 et. seq., changes to the rules of the Department of Banking and Finance have been finally adopted on July 28, 2003. They were filed with the Secretary of State on July 28, 2003, and will be effective 20 days following or August 17, 2003.
A copy of the rules can be found on the Department's web site at:
http://www.gadbf.org/pdfdoc/GRMAMtgRules2003.pdf
A synposis and purpose precedes the rule changes, with background information and explanation where applicable.

Please download and review a copy of the changes to these regulations.

Some of the more significant changes involve:

!

Increase in licensing and renewal fees - $500 Broker, $1,000 Lender (note this is the first increase in the

licensing/renewal fee in the 10 year existence of GRMA).

!

Changes to Administrative fines, particularly hiring of felons raised to $5,000.

!

Reporting procedures for GRMA Per Loan fees.

!

Clarification of the definition of what is or is not a branch.

!

Clarification of the definition of covered employees and responsibilities and requirements by employers

for covered employees.

!

Definition of Loan Processors as Brokers.

Other changes were made and we recommend that you review all of the changes to ensure your company is in compliance with any applicable changes.

PER LOAN FEES - "Per loan" fees for the first half of 2003 are due by September 1, 2003. If you have reported the "per loan" fees to the Department during the past 12 months or if you hold a Georgia Residential Mortgage Lender license, you will be mailed a "per loan" fee reporting form in the near future. Please use this form to remit your fees. If you are a licensed mortgage broker or if you are exempt from licensing or registration a copy of the "per loan" fee reporting form can be found on our website under the "Other Forms" option on the "Forms and Applications" page or in Rule 80-5-1-.04 (2) issued by this Department. The fine for late filing of your Per Loan Fees is $1,000. These fines will be posted to the delinquent licensees report. If you do not close the loan in your name, and your name is not on the security deed - you do not owe any "per loan" fees. However, lenders must return the form even if no loans were closed or no fees were due. Proper payment of these fees will be monitored by our examination team.

BACKGROUND CHECK FREQUENCY
The Georgia Residential Mortgage Act (GRMA). O.C.G.A. Section 7-1-1004 (d) prohibits a licensee from employing convicted felons who have not previously sought and obtained the remedies provided for in the Code, such as a pardon or the successful completion and documentation of probation under a first offender statute. In addition, Code Section 7-1-1004 (f) requires that all licensees must conduct background checks on their covered employees, as defined in that same code section, to adequately determine existing and potential employees' criminal histories. Many licensees have asked how often this background check needs to be performed, as neither the GRMA nor the Department's Rules addresses frequency or requires that a licensee run criminal background checks periodically after the initial employment check.
The Department has consistently held that a licensee should do follow-up background checks no less frequently than every 24 months, unless the licensee has reason to believe there is need to review an individual's criminal background record more frequently. In doing so a licensee would demonstrate "due diligence" on their part to ensure that they do not have in their employ a felon who received their conviction after hiring.
In such a case, a licensee who periodically runs employment background checks and who subsequently discovers that they have a felon on staff, and the felony occurred after the initial hiring would, in most circumstances, be assessed a fine for the violation and issued a cease and desist order to preclude future violations of this law if they took immediate steps to correct the violation, but in most cases would not be subject to revocation of their license.
However, revocation could occur if an employer 1) knew, or 2) should have known (based on information received, prolonged absence from work, etc.), that an employee had a subsequent felony conviction but allowed the individual to remain on staff and did not take the appropriate and timely action to correct the violation.

LOAN PROCESSORS
BEGINNING OCTOBER 1, 2003, INDEPENDENT LOAN PROCESSORS WILL BE REQUIRED TO BE LICENSED AS MORTGAGE BROKER IN ORDER TO PROCESS GEORGIA RESIDENTIAL MORTGAGE LOANS.
Licensees please make sure that your processor has a valid license or is an exclusive W-2 employee of your company.
License Applications for loan processors to obtain a Georgia mortgage broker license will be available on the Department's website, www.state.ga.us/dbf, no later than June 1, 2003. For those who wish to apply early, the existing mortgage broker license application may be used.
Mortgage brokers and mortgage lenders who currently utilize the services of an independent loan processor will be required to verify that the independent loan processor is properly licensed. After October 1, 2003, mortgage brokers and mortgage lenders who continue to utilize the services of independent loan processor who is not properly licensed will be fined $1,000 per loan processed in violation of the Georgia Residential Mortgage Act and their license shall be subject to suspension or revocation [Rule 80-11-3-.01 (1) (a)].
Loan processors who work exclusively for a single mortgage broker or mortgage lender, or who work for a licensed mortgage processing company, and who are supervised on a daily basis by that mortgage broker or mortgage lender or mortgage processor and who are compensated on a W-2 basis or who otherwise qualify for the employee exemption in Section 7-1-1001 (11) O.C.G.A. will not be required to be licensed.
Independent loan processors who wish to be licensed and continue to process Georgia residential mortgage loans will be required to meet all licensing requirements necessary to obtain a mortgage broker license. These requirements will include proof of required education, criminal background history, surety bond, satisfactory credit history, use of allowed business name, proper registration of incorporation and trade names, etc.
Approval of the license application will take approximately 10 to 12 weeks; however, some applications will take longer to approve. Applicants should be fully aware of this processing time to avoid possible delays in their ability to conduct business.
CAUTION:
License number 6127 issued to Benjamin Davis expired on July 1, 2003. A license was mailed to Mr. Davis prematurely which is no longer valid.
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.

MORTGAGE APPLICATION
The Mortgage Division has revised several application forms including Change In Management, Change In Address, and Change In Control. Please refer to the following website to review the current forms: http://www.ganet.org/dbf/mortgage_forms.html .
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/
CEASE AND DESIST ORDERS - Issued
The following individuals had Cease & Desist Orders issued on June 11, 2003 and became final on July 11, 2003: Virgilio A. Blades, Denise Taylor and Cynthia Lynn Willis
BNC Mortgage, Inc. (license no. 11379) Irvine, CA - Cease and Desist Order issued 07-02-03 and became final on 07-22-03.
Home America Mortgage, Inc. (license no. 11486) Lawrenceville, GA - Cease and Desist Order issued 07-02-03 and became final on 07-22-03.
MEW Enterprises, Inc.(license no. 14277) Mableton, GA - Cease and Desist Order issued 06-11-03 and became final on 07-11-03.
Misra Group, Inc. (license no. 5622) Kennesaw, GA - Cease and Desist Order issued 06-11-03 and became final on 07-01-03.
CEASE AND DESIST ORDER - Lifted
Beck, Edward and Elizabeth (Lexington Mortgage Capitol Corporation, Inc.) 110 Cedar Hurst Road, Lawrenceville, GA - Cease and Desist Order issued 07-15-02 was LIFTED on 07-29-03.
FINAL CONSENT ORDER
[None]

FINES ASSESSED IN JULY 2003

ID#
5622

ISSUE DATE
07/09/2003

FINE
$1000.

PAID DATE

COMPANY NAME
Misra Group, Inc.

CITY

ST

Kennesaw

GA

FINES ASSESSED IN JULY 2003

ID#

ISSUE

DATE

FINE

PAID DATE

COMPANY NAME

CITY

ST

5636

07/09/2003

$1000. 07/15/2003 American Home Mortgage, Inc.

Atlanta

GA

5867

07/17/2003

$1000.

Pine State Mortgage Corporation

Atlanta

GA

5867

07/17/2003

$250.

Pine State Mortgage Corporation

Atlanta

GA

5867

07/17/2003

$250.

Pine State Mortgage Corporation

Atlanta

GA

5929

07/21/2003

$1000.

Countrywide Home Loans, Inc.

Calabasas

CA

6046

07/07/2003

$2000.

Beneficial Mortgage Co. of Georgia

Alpharetta

GA

6046

07/07/2003

$500.

Beneficial Mortgage Co. of Georgia

Alpharetta

GA

6127 6829 6829 6829

07/30/2003 07/18/2003 07/18/2003 07/18/2003

$35. $500. $500. $1000.

07/30/2003 07/30/2003 07/30/2003

Benjamin Davis Advantage Mortgage, Inc. Advantage Mortgage, Inc. Advantage Mortgage, Inc.

Valdosta

GA

Woodstock

GA

Woodstock

GA

Woodstock

GA

7249 7284 11446 11486

07/01/2003 07/29/2003 07/16/2003 07/10/2003

$48000. $300.
$2500. $5000.

07/29/2003 07/10/2003

Preferred Mortgage Group, Inc. SunTrust Personal Loans, Inc. HomeGold, Inc. Home America Mortgage, Inc.

Peachtree City

GA

Atlanta

GA

Columbia

SC

Lawrenceville

GA

11768

07/07/2003

$250. 07/30/2003 Maximum Property Services, Inc.

Lavonia

GA

11768

07/04/2003

$250. 07/30/2003 Maximum Property Services, Inc.

Lavonia

GA

11768

07/07/2003

$2000. 07/30/2003 Maximum Property Services, Inc.

Lavonia

GA

11822

07/16/2003

$1000.

American Business Mortgage Services, Inc.

Roseland

NJ

11944 11944 12163 12163

07/16/2003 07/16/2003 07/23/2003 07/21/2003

$500. $500. $2000. $1000.

Independent Realty Capital Corporation

Anaheim

CA

Independent Realty Capital Corporation

Anaheim

CA

Mortgage Lenders Network USA, Inc.

Middletown

CT

Mortgage Lenders Network USA, Inc.

Middletown

CT

12196 12310 12310 13416 13416

07/21/2003 07/28/2003 07/28/2003 07/28/2003 07/28/2003

$1000. $500. $500. $250. $500.

First Funding Mortgage Company, Inc.

Charleston

SC

Dream House Mortgage Corporation

Providence

RI

Dream House Mortgage Corporation

Providence

RI

Chateau Mortgage Corp.

Marietta

GA

Chateau Mortgage Corp.

Marietta

GA

13817

07/16/2003

$500.

United California Systems International, Inc.

Atlanta

GA

14333

07/09/2003

$3250.

Academy Financial Services, LLC

Kennesaw

GA

14333

07/09/2003

$3250.

Academy Financial Services, LLC

Kennesaw

GA

14333

07/09/2003

$500.

Academy Financial Services, LLC

Kennesaw

GA

14622

07/01/2003

$300. 07/01/2003 Marilyn Y. Jackson

Griffin

GA

15396

07/31/2003

$500.

American Financial Services Group, Inc.

Savannah

GA

15694

07/02/2003

$35.

Donald Johnson, Sr.

Statesboro

GA

15698

07/28/2003

$500.

Park West Mortgage, Inc.

Marietta

GA

16131 16131 16443 16778

07/31/2003 07/31/2003 07/09/2003 07/09/2003

$3000. $500.
$1000. $1000.

07/31/2003

Interland Associates, Inc. Interland Associates, Inc. HomeOne Credit Corp. Nomura Credit & Capital, Inc.

Savannah

GA

Savannah

GA

Houston

TX

New York

NY

16999

07/16/2003

$1000. 07/21/2003 Intell Mortgage Services, Inc.

Doraville

GA

16999

07/16/2003

$500. 07/21/2003 Intell Mortgage Services, Inc.

Doraville

GA

17117

07/16/2003

$500. 07/30/2003 Amerisave Mortgage Corporation

Atlanta

GA

17306

07/09/2003

$1000.

Manufirst Mortgage, LLC

Perry

GA

17320

07/07/2003

$500.

Financial Mortgage Solutions Incorporated

Lilburn

GA

FINE REASON
2 licensees fined for audit filed late 1 licenseefined for books & records 1 licensee fined for acq. of 25% ownership without approval 4 licensees fined loan files not properly maintained 2 licensees fined for renewal filed late 2 licensees fined for doing business with unlicensed entity 1 licensee fined for unapproved branch 1 licensee fined for unapproved branch manager

LICENSEES/REGISTRANTS APPROVED OR REINSTATED IN JULY 2003

ID# COMPANY NAME

16686 18333 18440 18253 17242 18445 18447 18450 18456 18481 18486 18494 18502 18503 18504 18505 18506 18511 18512 18516 18523 18525 18526 18527 18529 18535 18537 18538

All Access Mortgage * Marion Thomas Boyd Allegiance Housing of the United Capital Lending, LLC Flick Mortgage Investors, Inc. Fitzgerald & Fletcher, Inc. Oaktree Mortgage Group, Inc. RMB Mortgage Solutions, Inc. Minh Van La Charles Thomas Gunnell, Jr. Divinity Financial, Inc. Capital Funding & Mortgage AKIT Mortgage Company John Phillip Hughes Frederick D. Horne Arthur Earl Ratliff, Jr. Johnny Detalboto Lewis AMB Brokers, LLC Sunrise Mortgage Services, Inc. All American Mortgage Brokers, Thomas Grover Lunsford E. Christopher Clay Van Meter Richard M. Taylor Dana Mochel Shivalier Donald Dale Mason Complete Choice Financial Marvin Simmons, Inc. Five Star Funding, Inc.

CITY
ATLANTA SAVANNAH THOMSON MACON MIAMI ATLANTA DURHAM DULUTH CALHOUN LILBURN JONESBORO SUWANEE ATLANTA ALMA TIFTON DECATUR NORCROSS ALPHARETTA NORCROSS WOODSTOCK CALHOUN PEACHTREE CITY MARIETTA ATLANTA BRUNSWICK LITHONIA MARIETTA SNELLVILLE

ST MB CODE
GA L GA B GA B GA B FL L GA B NC B GA B GA B GA B GA B GA B GA B GA B GA B GA B GA B GA B GA B GA B GA B GA B GA B GA B GA B GA B GA B GA B

ORIGINAL APPROVAL
08/03/2001 07/04/2003 07/04/2003 04/04/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003

RENEWAL
07/04/2003 07/04/2003 07/04/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003 07/11/2003

REINSTATED

LICENSEES/REGISTRANTS APPROVED OR REINSTATED IN JULY 2003

ID# COMPANY NAME

CITY

ST MB CODE

5999 6641 7406

Wells Fargo Finl GA, Inc. # Wells Fargo Finl Accept # Wells Fargo Finl Sys Fl, Inc. #

DES MOINES DES MOINES DES MOINES

IA

R

IA

R

IA

R

7407 11594 16435 16509

Wells Fargo Finl TN, Inc. # Wells Fargo Finl AL, Inc. # Wells Fargo Finl Accept TN # Best Home Mortgages, Inc *

DES MOINES DES MOINES DES MOINES CHAMBLEE

IA

R

IA

R

IA

R

GA L

18363 18399 18401 18451

Gene Arrant Mark Gerard Bartley Candra S. Warren Leeworth Mortgage Corporation

DULUTH JONESBORO ELLIJAY ATLANTA

GA B GA B GA B GA B

18487 18497 18508 18530

North Star Mortgage Corporation TM Capital, Inc. KB Home Mortgage Company Isaac Chadwick Painter

WILMINGTON NORTH AUGUSTA LOS ANGELES DALTON

NC B SC L CA L GA B

18533 Georiga Capital Mortgage

ATLANTA

GA B

18539 Ultimate Mortgage Services, Inc. STONE MOUNTAIN GA B

18550 One Source Lending, Inc.

WOODSTOCK

GA B

18552 Endeavor Financial Services,

LOGANVILLE

GA B

18555 Malcolm Wade Brewer

HAMPTON

GA B

18557 Columbus Housing Initiative, Inc. COLUMBUS

GA L

18560 NFS Loans, Inc.

IRVINE

CA L

18561 Floyd Williams, Jr.

STONE MOUNTAIN GA B

18567 18570 18573 18585 18273

Mortgage Magic, LLC Wei Kao Abraham Mortgage and Beacon Hill Financial, LLC Lexington Mortgage Capitol

FLOWERY BRANCH GA B

ATLANTA

GA B

AUSTELL

GA B

VALDOSTA

GA B

LAWRENCEVILLE

GA B

18400 18449 18489 18568

Hubert Eddie Causey Robert M. Zsembery Jacqueline Andrews Utah Financial, Inc.

WARNER ROBINS SMYRNA LITHONIA SALT LAKE CITY

GA B GA B GA B UT L

18569 18606 18608

VDC Mortgage Group, Inc. Elaine Anne Niederquell New America, Inc.

AUSTELL CLEVELAND RINCON

GA B GA B GA B

ORIGINAL APPROVAL
06/18/1993 09/10/1993 10/27/1995 10/27/1995 05/10/1996 07/06/2001 06/01/2001 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/25/2003 07/25/2003 07/25/2003 07/25/2003 07/25/2003 07/25/2003 07/25/2003 07/25/2003

RENEWAL
07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/18/2003 07/25/2003 07/25/2003 07/25/2003 07/25/2003 07/25/2003 07/25/2003 07/25/2003 07/25/2003

REINSTATED

TOTAL: 63

B = BROKER L = LENDER R = REGISTRANT

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

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

ID# NAME
5813 1ST REALTY MTG CORP

CODE REVOKED
BD

EXPIRED SUSPENDED
07/01/2003

WITHDRAW N

DENIED

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

ID# NAME

CODE REVOKED EXPIRED SUSPENDED

5855 IND CREDIT CORP

LD

6075 ALL STATE FINL & COMM

BD

6127 DAVIS, BENJAMIN

BD

6166 NASH, STEVEN A

BD

6388 GOLDEN DOME INV CO INC

LD

6635 STEWART FINANCE CO

BD

6677 INTERSOUTH MTG INC

BD

6836 LOANS BY SUMMERVILLE

LD

6876 MCKNIGHT, LEROY W

BD

6868 ATLANTIC SOUTH MTG

BD

7033 MTG CONNECTION LLC

BD

7058 GRIFFIN LOANS INC

RD

7065 A-HOUSE PROGRAM

BD

7244 HOBBS, CHARLES D

BD

7255 SECURITY HOME

BD

7278 RELIABLE INVESTORS INC

BD

7332 BARON HOMES N GA INC

BD

7341 SHOWCASE HOMES INC

BD

7361 SIDING FACTORY INC

BD

11311 CITISTREET MTG SVCS INC BD

11365 TABOR, JOHN J

BD

11380 PALMETTO BK

RD

11386 RHI SUNROOMS INC

BD

11446 HOMEGOLD INC

LD

11464 JOE'S POOL & CONCRETE

BD

11492 NATL HOME LOAN CORP

LD

11565 ATL CAP MTG INC

BD

11574 WOODBAI INC

LD

11591 HOBBS, JACK R

BD

11754 GREAT SOUTHERN MANF

BD

11858 OAK RIDGE MTG INC

BD

11862 LEBHEQ MTG CO INC

BD

11945 DIVERSIFIED CAPITAL CORP LD

12053 WARD, LELAND HUBERT

BD

12132 MID AMERICA MTG INC

LD

12144 MILLER, ERIC M

BD

12249 LIVING, GABRIEL JOSEPH JR BD

12282 ALEXANDER, DOUGLAS

BD

12341 CHRISTIAN MTG

BD

12384 CARE FREE HM CTR INC

BD

12395 AMER CAP MTG CORP

BD

12436 BROWN, THOMAS W III

BD

12467 ATL WINDOW & ENERGY

BD

12552 WINTERS, EMILY D S

BD

12586 AUSTIN, MITCHELL A

BD

12631 SIMS, BRANDON GARRETT

BD

12662 RUCKER, PRISCILLA A

BD

12684 ATM FUNDING INC

BD

12706 BALTIC MTG

BD

07/17/03 07/01/2003
07/01/2003

07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003
07/01/2003 07/01/2003 07/01/2003 07/01/2003
07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003
07/01/2003

WITHDRAW N

DENIED

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

ID# NAME

CODE REVOKED

12755 JOHNSON, REGINALD

BD

12883 MOUNTAINSIDE MTG LLC

BD

12908 EQUITY DIRECT MTG CORP BD

12922 MONEY 1ST FINL SVCS INC LD

13058 DISCOUNT FUNDING ASSOC BD

13126 SALOMON SMITH BARNEY

RD

13128 WAYNE FRIER HM CTR

BD

13195 QUINN, ROY L

BD

13357 MTG TEAM GA INC

BD

13365 MIOLEN, PATRICIA J

BD

13381 JACKSON, VANESSA R

BD

13410 CMTY HM MTG CORP

LD

13413 JOHNSON, VALETTE M

BD

13427 A-ONE HM LOANS INC

BD

13450 NASON, PHILLIP B

BD

13504 CUMMINGS, MARVIN

BD

13559 MCGRANE, THOMAS J

BD

13566 CITIZENS FIRST MTG CORP BD

13582 MARLIN HM CTR

BD

13584 MCCLENDON, PAMELA S

BD

13626 JOHNSON, ELIZABETH G

BD

13645 MTG AMENITIES CORP

LD

13671 SUN SOUTH LENDING INC

BD

13687 POTTS FINL SVCS INC

BD

13693 KIRKPATRICK, L JONATHAN BD

13743 OLDS, RICHARD A

BD

13760 MTG TOWN USA INC

LD

13775 FETTER, THOMAS E

BD

13796 KENNEDY MTG CORP

BD

13810 MONEY MORTGAGE INC

BD

13811 AMER HOMEOWNERS UNION BD

13813 MADDOX, STEVEN C

BD

13879 HALL, MARIE R

BD

13898 INTL MTG NETWORK INC

BD

13937 DUNAGAN, KENNETH D

BD

13938 BISHOP, ANNIE L

BD

13959 CAMBRIDGE MTG INC

BD

13971 EDWARD D JONES & CO LP

RD

13998 GA HOME LOAN & MTG CO

BD

14011 NUNN, WINSTON

BD

14025 BARRETT, RONNIE L

BD

14104 CITY FINANCE COLUMBUS

BD

14106 HOWE GRP INC

BD

14130 MARCHINEY, JOSEPH E

BD

14145 FAIRE, JAMES E

BD

14184 ALSTON, ANITA D

BD

14218 WILKINS, MARCUS L

BD

14247 BRYSON, JAMES

BD

14276 JOHNSON, THOMAS H

BD

EXPIRED SUSPENDED
07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003

WITHDRAW N

DENIED

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

ID# NAME

CODE REVOKED

14288 14349 14368 14372 14461 14489 14513 14516 14522 14534 14587 14695 14734 14770 14787 14875 14876 14888 14895 14915 14916 14952 14957 14983 15006 15048 15049 15065 15079 15101 15107 15108 15109 15111 15131 15153 15189 15197 15200 15214 15222 15228 15230 15247 15304 15305 15307 15312 15345

EASTERN EQUITY INC

BD

D'URBANO, CHRISTOPHER E BD

SAMPLES, RUSSELL M

BD

MEDALLION SECURITY DOOR BD

PONDER & ASSOC MTG INC BD

ALLIANCE SAV KLUB INC

BD

DISCOVER MTG CO

BD

AMERICORP CREDIT CORP

LD

CRAWFORD, CHERYL L

BD

ATKINS, TERESA N

BD

KLEM, KEVIN

BD

FAUGHT, FRED

BD

WESTSIDE MTG CO

BD

BUSINESS MTG INC

LD

SOUTHERN HOMES OUTLET BD

CROSSFIRE FINL NTWRK

LD

RESOURCE BK

RD

FEDERATED FIRST MTG CORP BD

KEYES-PENN MTG CO

BD

SUTTON, CHARLES D

BD

LEWIS, ALVIN JR

BD

CARTER, GWENDOLYN F

BD

HOME SAVERS LLC

BD

BROWN, SHELDON M

BD

NEVAR CAP CORP

BD

SMART MTG

BD

IGWT MTG CORP

BD

SOUTHERN MTG & REALTY BD

NFI INC

BD

BEST HOME LOAN INC

BD

ALVAREZ, TY L

BD

SOBEL-SORRELL MARK N

BD

JUST SECONDS INC

BD

HOWELL, DANNY

BD

FRANKLIN FINL MTG INC

RD

RIVER MTG CO

BD

J & S FINANCIAL SERVICES

BD

AASEN, PAUL M

BD

INFINITY MTG CO INC

LD

PENTIUM MTG LLC

BD

MUSA, BRYAN

BD

JOHNSON, BARBARA J

BD

JONES, KEITH A

BD

MTG LENDING ADVISORS INC LD

HARRIS, PATRICIA M

BD

REAVES, BELINDA B

BD

BMTLOANS.COM INC

LD

HARBOUR, RICK P

BD

SOVEREIGN FINL CORP

BD

EXPIRED SUSPENDED
07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003

WITHDRAW N

DENIED

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

ID# NAME

CODE REVOKED

15378 GILLEY, MARTHA W

BD

15435 ANDERSON, LESLIE C

BD

15455 HIGGINS, JAMES R

BD

15467 LIGHTHOUSE MTG SVC CO

LD

15492 STATEWIDE MTG & FINL

BD

15503 HALL, PATRICIA E

BD

15513 INVESTORS MTG SVCS INC BD

15529 BILL KING'S MOBILE AMER

BD

15546 GEORGE, ARTHUR A

BD

15577 MOODY, ROBERT B III

BD

15579 LUCAS, BEVERLY A

BD

15587 BLACKBURN, CATHY D

BD

15613 COX, GARY M

BD

15616 DBSA HOLDINGS INC

BD

15666 DAVIS WINDOW & DOOR CO BD

15694 JOHNSON, DONALD SR

BD

15704 BLAKE, IRMA H

BD

15722 ELLISON, SUSAN

BD

15739 GREEN, CHRISTINE

BD

15766 SCAMAN, JON A

BD

15770 KENNEDY, DEMOND A

BD

15780 WILSON, HUBERT E

BD

15785 WEST, JOE

BD

15787 WILKINSON, ANNETTE

BD

15788 RUSSO, JAMES D

BD

15789 EQUITY FINL MTG INC

BD

15807 EPPS, DOROTHY L

BD

15808 SANDERS, LANE T

BD

15824 SMITH, ROBERT S

BD

15843 LAWSON, TERRY STEPHEN BD

15849 JONES, SYLVESTER

BD

15851 MERRITT, SHIRELY

BD

15881 ENNIS, JOHN D

BD

15888 CONYERS, DONNA M

BD

15932 MCCOLLUM, LAWANDA F

BD

15979 BRIGHT, TERESA K

BD

15981 MASSEY, JANE

BD

15984 TYE, JUDY R

BD

15985 REID, CULLEN J

BD

16001 CRAVEN, GLENN A

BD

16008 VICTOR MTG CO

BD

16026 WELLS, STEPHANIE L

BD

16043 STANDERFER-LEONARD FINL BD

16069 SKYE MTG GRP LLC

BD

16095 AVAILABLE MTG FUNDG LLC LD

16115 HERITAGE MTG CORP

BD

16138 AABLE MTG SVCS INC

BD

16180 1ST CONS MTG & FIN CORP BD

16198 MTG MAKERS

BD

EXPIRED SUSPENDED
07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003

WITHDRAW N

DENIED

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

ID# NAME

CODE REVOKED

16201 16244 16419 16420 16426 16434 16446 16516 16528 16530 16531 16545 16562 16565 16574 16590 16624 16628 16655 16657 16683 16693 16705 16733 16748 16757 16763 16768 16801 16802 16803 16810 16827 16854 16860 16867 16872 16873 16894 16896 16916 16928 16929 16942 16955 16959 16998 17020 17022

SECURITY MTG FUNDING INC LD

NATIONS STANDARD MTG

LD

NUCKOLLS, MICHAEL C

BD

PRESSLEY, GREGORY

BD

AVERITT, ANGELA M

BD

25 HOURS A DAY INC

BD

SAVAGE, JAMIE D

BD

CONSUMER DISCLOSURE

LD

STANLEY, WILLIAM CURTIS BD

WILDES TODD FAYE

BD

SMART, DOROTHY E

BD

DIVERSIFIED MTG FUN LLC BD

GREATER POTOMAC MTG CO LD

WHALEY, TRACEY L SR

BD

DIYA FINL & MTG SVCS INC BD

DAVIS, DONALD RAY

BD

CROSSROADS MTG INC

LD

KEY WEST FUNDING CORP

BD

CARTER, SANDRA C

BD

LADUE STACIA KAY

BD

SOUTHEASTERN

BD

QC MTG SVCS INC

BD

HEGWOOD, JACKIE FAY

BD

PARTNER FIN SOLUTIONS INC BD

HEADRICK, LINDA GAIL

BD

HARRIS, BARVIA LEE

BD

MOUNTAIN HOME MTG INC

BD

SULLIVAN, ADDIE

BD

PHILLIPS GORDON TODD

BD

LANE, BRIAN VINCENT

BD

WELTING, EVAN ALBERT

BD

ROBINSON, DANEILLE LULA BD

JORDAN SE RA

BD

CHRISTIAN, TIFFANY M

BD

COILE, DAVID ISOM

BD

SMITH, DANIELLE M M

BD

LUCAS, PAMELA K

BD

HUTCHINSON, LARRY C

BD

IMPACT LENDING INC

LD

LOANCENTS FINL SVCS INC BD

MASTERLINK US & INTL LLC BD

DESIGN MTG LLC

BD

WILSON, PATRICIA

BD

AMER LENDING CORP

LD

POLK BUSINESS SVCS INC

BD

HOSEY, PEGGY ROWE

BD

CHANDLER, JASON ROYCE

BD

MMBI INC

BD

YU, ANGELA NILE

BD

EXPIRED SUSPENDED
07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003
07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003

WITHDRAW N
07/09/2003

DENIED

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

ID# NAME

CODE REVOKED

17027 YU, JOHN CHUNG SHENG

BD

17066 ASAP MORTGAGE

BD

17069 WILLIS, LEONARD

BD

17089 COMMAND MTG LLC

BD

17097 TUSZYNSKI, VICTOR J

BD

17100 ALGEE, BLAYNE

BD

17132 CONSOLA, VIRGINIA MILNER BD

17154 LANDRY, DONALD G

BD

17169 HURLEY, LEON A

BD

17181 REDMAN, GERALD W

BD

17182 STOVALL, MATTHEW

BD

17184 PETERSON, JOHN R

BD

17189 DORAN, THOMAS E

BD

17206 HERITAGE FINL INC

BD

17226 EMMANUEL MTG & FINL

BD

17244 RELIANT MTG CO LLC

LD

17267 JEFFERSON CAP LENDING

BD

17281 BERGEVIN, KATHLEEN E

BD

17303 CRAWFORD, KARL J

BD

17311 GANN, JASON D

BD

17324 WOOD, BENTON ADAM

BD

17331 STEELE, TONY M

BD

17333 KOTTMANN, STEPHANIE K

BD

17336 THOMAS, AYANA JAWAUN

BD

17347 HO MTG CORP

BD

17363 COUREY, JONAS M

BD

17364 ANDREWS, VERA JANE

BD

17374 AMERICAN MTG BROKERS

BD

17383 CALDWELL, RITA

BD

17388 JOHNSON, JUNE IRIS

BD

17391 FINGER, JUDITH OLSHEFSKI BD

17399 CASEY, GEORGE SR

BD

17401 THOMAS, DENNIE R

BD

17417 SAPRANAUSKAS, ALVYDAS BD

17436 NEUHART, ANDREA CAMILLE BD

17438 DRIGGANS, JIMMY A

BD

17448 CABDI, CABDILADIFF M

BD

17468 MTG 911 INC

BD

17538 NORTHLAKE MTG INC

BD

17576 BARRON, TIM

BD

17609 MANOUS, JOE D

BD

17691 HINSON, BETSY A

BD

17719 VISTA LENDING INC

BD

17783 HARRIS, JANET L

BD

17788 PASCHALL, ROBERT L

BD

17893 QUEST CAP VENTURES LLC LD

17900 TORRES, CARLOS J

BD

17905 ATHAKHAN,

BD

17922 COLCOMM INC

BD

EXPIRED SUSPENDED
07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003 07/01/2003

WITHDRAW N

DENIED

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

ID# NAME
17969 SAPIENZA MTG INC 18054 SMITH, VIRGINIA R

CODE REVOKED
BD BD

EXPIRED SUSPENDED
07/01/2003 07/01/2003

WITHDRAW N

DENIED

TOTAL: 297