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 ---------------------------------------------------------------------------------------------------------------------------------------------------- **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