Monthly mortgage summary, Dec. 2008

NDFI

MONTHLY MORTGAGE SUMMARY

December 2008
Georgia Department of Banking & Finance-- Non Depository Financial Institutions Division Monthly SMuomnmthalryy SoufmMmoarrtygaogfeMAocrttigvaigteieAs cftoirvitthiees PfeorriothdeEPnedriinogdDEencdeimngbeArp2ri0l028007

Inside this issue:

Page 1

NEWS

NEWS ITEMS

GEORGIA NEWS

Renewals & NMLS Record Transition

1

Adopted Rules 4

Renewals & NMLS Transition Plan
Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E.)

mortgage business in Georgia. Such new application would require submission through the NMLS.
As noted herein, an account must be established through the NMLS prior to beginning completion of your renewal. Please follow those instructions to establish an account and then file your renewal.

Continuing Education--Brokers

4

ADMINISTRATIVE ITEMS

Administrative 5Actions 6

Fines 7

Licenses Approved & Reinstated

7

Licenses Revoked, 8Expired...Denied 9

Contact Information

10

Useful Links MORTGAGE FORMS: DBF.GEORGIA.GOV/
DBFMTGFORMS
UPDATING LICENSE INFORMATION
DBF.GEORGIA.GOV/
DBFMTGFORMS
MORTGAGE SUMMARY DBF.GEORGIA.GOV/
DBFMTGSUMMARY

A Reminder to Licensees and Registrants
As you should be well aware of by now, in order to provide for compliance with the SAFE Act, the Georgia Department of Banking & Finance (Department) has begun using the CSBS/AARMR Nationwide Mortgage Licensing System (NMLS) as of January 2, 2009. Renewal notices were distributed on December 18, 2008 by e-mail providing you with renewal/transition information specific to your license or registration. If you did not receive your notice, please make certain that information from the Department does not go to your junk mail and that your e-mail address on file is kept current with the Department. The Department is utilizing e-mail for most information sent to regulated companies. Should you need a copy of the renewal notice, please contact this office.
Georgia's Transition Plan
As a part of the implementation of NMLS, each company holding a Georgia mortgage lender or broker/processor license or registration must create a company record (Form MU1) in NMLS for themselves and a record for each approved in-state Georgia branch (Form MU3), and electronically submit those to the Department between January 2, 2009 and April 1, 2009. Licensees and Registrants have from January 2, 2009 to April 1, 2009 to renew and transition their license with no penalty. Beginning April 2, 2009 and through to June 30, 2009 you may renew and transition but the late renewal fee of $300 will be assessed. Should you fail to renew and transition by the June 30, 2009 expiration of your current license or registration, the license or registration is considered to be expired, and a new/reinstatement application will be required to do residential

Completing and submitting this transition record through NMLS will also be the submission of your application for the Department's license and registration renewals for a half year licensing period. A copy of Department's transition plan can be found on the NMLS website at:
www.stateregulatoryregistry.org/NMLS.
Also note that, along with new license and registration applications, the following applications previously submitted to the Department must now be submitted through the NMLS:
Branch - New BRANCH Application
Branch - New MANAGER Application
Change in Business Structure/Name
Change in Control
Change in Management
Registration of a d/b/a Name
The following miscellaneous record changes previously made through the Department's website must now be completed through the NMLS:
Main Office Relocation/Address Change
Branch Office Relocation/Address
Mailing Address Changes
Office Closure
Contact Changes: Company, Complaint, Registered Agent , and other miscellaneous changes.
Any of the foregoing applications or changes in information after transition must be submitted as an amendment filing through the NMLS.
Please note that there is a checklist of required items that must be submitted outside of the NMLS or
("Renewals"--Continued on page 2)

Page 2

December 2008

News Items

("Renewals" Continued from page 1)
completed on-line at the Department's website in order to approve your renewal/transition. The checklist is on the NMLS website, and includes the items noted below. Remember to have your ID and password for Department access to report the on- line items to be submitted outside of the NMLS. This information was contained in your renewal notice.
Bond or Letter of Credit: One of these items, as applicable to your circumstance, must be on file and current. Submission required ONLY if not on-file and current.
Fines: All outstanding fines must be paid. Should you have unpaid fines, these are payable on-line at the following site and are charged to your credit card or drafted from your bank account, depending upon your payment type.
Website: https://bkgfin.dbf.state.ga.us/MortgageDocs/ MtgFinePay.html

business days. The Primary Account Administrator for your company will have full rights to (1) access the System, (2) submit information to this Agency and other participating state mortgage regulators, and (3) set-up other company users in the System. Instructions and tutorials on how to access and use the System are also available on the NMLS website.
The Nationwide Mortgage Licensing System is online at: www.stateregulatoryregistry.org/NMLS.
Loan Officers It is anticipated that there will be a bill proposing Georgia specific Loan Officer/Originator legislation in early 2009 in order to comply with the Federal SAFE Act. If passed, loan officers requiring a LO's license in Georgia will have to obtain that license through the NMLS. No action is currently required in NMLS for Georgia loan officers.

$6.50 per loan fees: All per loan fees must be paid. Payments can be made on-line. Available January 2009.
Website: https://bkgfin.dbf.state.ga.us/GRMAFee.html
Continuing Education (CE) Brokers/Processors *ONLY*: 12 CE hours are required to renew.
**CE requirement information is available on the internet at: http://dbf.georgia.gov/dbfmtgforms
Post CE info at Website: https://bkgfin.dbf.state.ga.us/ MortgageDocs/MortgageRenewal.html . Available January 2009.
Annual Questionnaire: Calendar year 2008 operating and disclosure data must be completed. .
Post at Website: https://bkgfin.dbf.state.ga.us/ MortgageDocs/MortgageRenewal.html Available January 2009.
Failure to complete these requirements will result in a delay in the issuance of your renewal license/registration until the deficiencies are corrected.
How to Access NMLS
In order to gain access to NMLS for the first time you must complete a Company Account Request Form and identify a Primary Account Administrator and a Secondary Account Administrator. This form can be submitted electronically through the NMLS website in the "Getting Started" section. This form needs only to be submitted once per company, regardless of the number of NMLS participating states in which you are licensed. IF YOUR COMPANY ALREADY HAS ACCESS TO NMLS, THEN YOU DO NOT NEED TO DO THIS STEP.

Forms to Complete and Fees Once you access NMLS, you can complete the following MU Forms and submit the filing to the Department between January 2, 2009 and April 1, 2009 to avoid a late renewal fine. Instructions and tutorials on how to complete these forms are available online at the NMLS website listed herein.
1st. Licensed/Registered companies submit a Form MU1. Remember to enter your GEORGIA LICENSE NUMBER to ensure you only pay renewal fees, not new license fees!
2nd. Companies submit for each Control Person1 (in Georgia these include director, officer, partner, agent, employee, or ultimate equitable owner of 10 percent or more of the applicant or licensee or any individual who directs the affairs or establishes policy for the applicant or licensee) a Form MU2, as part of their Form MU1 filing. (1Before a Control Person's Form MU2 is submitted to the Department, the subject individual must first attest to the information contained in the form.)
3rd. Licensees submit for each approved Georgia Branch a Form MU3, along with the MU2 for each branch manager. Branch filing is not required for REGISTRANTS. In addition, Licensees DO NOT have to have approval of or file information for branches NOT located in Georgia. Only Georgia branch filings are required for Georgia licensees.
If you have submitted these forms in another state, then you do not need to re-enter your company, branch, or loan officer records into NMLS. You will only need to identify the appropriate license or registration type in Georgia that you are renewing and complete a few state specific fields.

Once you complete and submit this form, the Primary Account Administrator will receive the NMLS login information within 3

( "Renewals"--Continued on page 3)

December 2008

Page 3

News Items

("Renewals"--Continued from page 2)
However, if you have not registered your in-state Georgia branches by means of filing Georgia branch information with any other state filings, or if this is your first NMLS filing for the branch, forms for these branches and the managers will need to be submitted as previously noted. If you have Georgia branches to transition, log into https://bkgfin.dbf.state.ga.us/ MortgageDocs/MortgageRenewal.html and select the BRANCH button after logging in.
Branch numbers will be displayed as noted below.

MAKE A NOTE OF ANY BRANCH RECORD NUMBER(S) PRIOR ENTERING A GEORGIA FILING FOR THE BRANCH IN NMLS IN ORDER TO PROPERLY TRANSITION YOUR BRANCH(ES) ONTO THE SYSTEM. Failure to use/enter each branch's unique number when transitioning that branch will result in payment of the
$350.00 new branch application fee!! Each of your approved branches has a unique DBF ID record number.
The NMLS refers to branch ID numbers as LICENSE numbers. This unique record ID number for your branches will be the number you should use.
If you have Georgia branches that have not been pre-approved for operation in Georgia, the application for those branch approvals will have to be submitted as new branch applications through the NMLS. See branch application information on the NMLS website for Georgia.

Interim License Year---Costs

Renewal fees noted below are for an interim period license. To meet legislative requirements and to comply with the NMLS system requirements, the licensing period for licenses and registrations are being moved from the current fiscal year period of July 1 to June 30 to a calendar year period of January 1 through December 31. The renewal deadline is moving from April 1 to December 1. These changes were approved in the regulation changes which were approved in December 2008 and are effective January 5, 2009.
Please note the schedule of license and registration fees for the interim FY2010 licensing period (July 1 to December 31, 2009):

Brokers/Processors

$350.00

Lenders

$600.00

For companies and sole proprietor licensees and registrants transitioning an existing license or registration onto NMLS, a system processing fee of $100 per company license/registration

and a system processing fee of $20 per approved Georgia branch (licensees only) will be required to be paid electronically through NMLS upon submission. These costs are included in the license/ registration fee noted previously. The NMLS processing charges are applied on a per license/registration per state basis. The system processing fees for Georgia entities and branches will be deducted from the licensing and registration fees noted above. (Reminder-Registrants are not required to report or register Georgia branch locations).
On an ongoing basis, NMLS will annually charge at renewal a processing fee of $100 per company license and a $20 per licensed branch location, both of which are included in the annual licensing fees.
There are no other NMLS processing fees at present for Georgia companies. These processing fees pay for NMLS operations, including licensee system access 362 days per year, ability to maintain, renew and run reports on your licenses, and call center support. Georgia licensing, registration and other investigation/ processing fees at the state level will still apply.
NMLS Website The NMLS website (www.stateregulatoryregistry.org/NMLS) provides step-by-step instructions on how to access the system, guides on how to complete the MU Forms, each state's transition plans and requirements, tutorials, current and future participating states, system alerts, system processing fees and general background information. The phone number is noted on the web.
Correspondence regarding renewals/transition requirements will be sent to licensees through NMLS.
THE OFFICES OF THE DEPARTMENT OF BANKING AND FINANCE WILL BE CLOSED FOR OBSERVICE OF THE MARTIN LUTHER
KING, JR. HOLIDAY ON
ZZZ
JANUARY 19, 2009

Page 4

December 2008

News Items

ADOPTED RULES

continuing education hours consistent with a calendar year li- censing period.

80-11-4-.06 Wholly Owned Subsidiaries of Lenders; Notifi-

Pursuant to the authority granted to it in the Georgia Adminis- cation Statement; When Registration Required.

trative Procedures Act, Official Code of Georgia Annotated (O.C.G.A.) Chapter 50-13 and by authority of O.C.G.A. 7-1-61, A change to this Rule has been made reflecting the due date for O.C.G.A. 7-1-663; O.C.G.A. 7-1-1012, and other cited stat- registration consistent with a calendar year registration period.

utes, the Rules of the Department of Banking and Finance pro-

posed November 14, 2008 have been finally adopted on Decem-

To read the adopted rules changes, go to the following URL on our website: http://dbf.georgia.gov/vgn/images/portal/

ber 15, 2008. They were filed with the Secretary of State on cit_1210/35/15/129054121DBFAdoptedRules12-15-08.pdf

December 15, 2008, and will be effective 20 days following or

January 5, 2009.

Specific to Mortgage Licensees are the following changes:

2009 CONTINUING EDUCATION

80-5-1-.02 License, Registration and Supervision Fees for

Check Cashers and Sellers, Money Transmitters, Represen-

tative Offices and Mortgage Lenders and Brokers; Due Based on the changes noted above to the continuing education

Dates.

requirements and renewal periods, and in conjunction with the

In order to accommodate participation in the Nationwide Mort- interim licensing period in place to convert to a calendar year

gage Licensing System, changes have been added which will limit licensing period, the Department will not be requiring that bro-

an application and license fee for mortgage lenders and brokers kers obtain any additional continuing education credits in order

to cover the main office; each branch office will be assessed a to file for their 2010 calendar year License , which must be filed

fee; and date changes have been made for renewal applications for beginning November 1, 2009 through December 31, 2009.

and license and registration fees which now must be received That filing must be made through the NMLS, and the late filing

before December 1 of each year instead of April 1.

fee of $300 will be assessed on December 1. Continuing Educa-

tion credits will NOT be required for that renewal filing.

80-5-1-.07 License Renewal Periods and Requirements for

Beginning with the renewal period for the 2011 Calendar Year

Mortgage Brokers and Lenders.

license, licensees will be required to obtain 12 hours of continu-

This Rule has been added to facilitate the transition of mortgage ing education credits. For that period ONLY, credits obtained

brokers and mortgage lenders to the Nationwide Mortgage Li- from April 1, 2009 to October 31, 2010 can be used to qualify for

censing System (NMLS) and the conversion from a fiscal year renewal. After the 2011 renewal period (filings made November

licensing period to a calendar year licensing period. All licensees 1 to December 31, 2010), all continuing education credits must

and registrants will be required to set up an account on NMLS as be obtained between November 1st thru the following October

referenced in this Rule. There will be a transitional six-month 31st in order to qualify for the 2012 and forward licenses.

licensing period to complete the conversion from the current

renewal due date of April 1 to a December 1 renewal due date. In any year after the 2011 renewal, licensees failing to obtain

After the conversion year period, all licenses and registrations credits in the allowed time period noted will receive a $1,000

will expire on December 31 of each year.

fine, but will be allowed to make up the credits from November 1st to December 31st in order to qualify for the upcoming calen-

80-11-4-.01 Initial Experience and Education Require- ments; Continuing Education. A change has been made to this Rule reflecting the due date for

dar year license. However, those credits may not be used for the subsequent year. Only credits obtained between January 1st through October 1st of the next year would qualify for licensing.

SPEAKING ENGAGEMENTS
Director for Mortgage Licensing Melinda Kinard will be speaking at the Georgia Mortgage Broker's Association luncheon at Cobb Galleria Centre, 2 Galleria Parkway, Atlanta, GA. on January 15, 2009

Page 10

December 2008

Georgia Department of Banking and Finance
2990 Brandywine Road Suite 200
Atlanta, Georgia 30341-5565
Phone: (770) 986-1136 Fax: (770) 986-1654 or 1655
Email: dbfmort@dbf.state.ga.us

LICENSE STATUS CHANJGuEdINgDmICeAnTtO/CRSla&imMONRoTtGifAiGcEatLiIoCnENSE CODES--(In Tables)

As a reminder to licensees during the renewal period, O.C.G.A. 7-1-1007 requires reporting to the

Department on certain actions brought against licensees, and states the following:

License Status Indicators

(MB CD) - Mortgage License Codes

"(a) A licensee shall give notice to the department by registered or certified mail or statutory over-

night delivery of any action which may be brought against it by any creditor or borrower where such

action is brought under this article, involves a claim against the bond filed with the department for the

purp*oses of cUopmgprliaadneceBwroithkeCrotdoe LSeecntdioenr 7-1-1003 or 7-B1-1004, or involves a clBarimokfoerrdamages in
excess of $25,000.00 for a broker and $250,000.00 for a lender and of any judgment which may be

entered against it by any creditor or any borrower or prospective borrower, with details sufficient to

identify the action or judgment, within 30 days after the commencement of any such action or the

entry+of any sDucohwjundggrmadeentL. "ender to Broker

L

Lender

The Department often obtains information regarding judgments and claims from public sources or other regulators, not from the licensee. It is important to remember that such notification to the
Depa#rtment bUyptghreadliceeLnseenediesrretoquRireegdisbtyralanwt, and any lPicensee subject to suPchrocclaeimssoorrjudgment
must report details to the Department according to the law as noted above.

We're on the Web! dbf.georgia.gov



Downgrade Registrant to Lender

R

Registrant

Sign-up to Receive this Publication
This publication is delivered to interested parties via e-mail and is also available from the Department's website at:
http://dbf.georgia.gov. If you would like to be added to our distribution list, please send an e-mail to dbfpress@dbf.state.ga.us and indicate your name, the company you are with, and your phone number. Also, please indicate which publication(s) you would like to receive. See the list under PUBLICATIONS on our home page.

December 2008
Administrative Actions
FINAL CEASE AND DESIST ORDERS

Page 5

First Choice Funding Group, Ltd., Ontario, CA (license no. 22912) Cease and Desist Order issued October 31, 2008 became final on December 3, 2008.
First Ohio Banc and Lending, Independence, OH Cease and Desist Order issued November 21, 2008 be- came final on December 22, 2008.
Ace Mortgage Services, LLC, Decatur, GA (license no. 20275) Cease and Desist Order issued November 7, 2008 became final on December 10, 2008.
Affordable Realty & Mortgage Group, Inc., Hollywood, FL (license no. 22320) Cease and Desist Order issued November 26, 2008 became final on December 29, 2008.
America's 1st Mortgage Services, Inc., Martinez, GA (license no. 19968) Cease and Desist Order issued November 7, 2008 became final on December 10, 2008.
AmeriDream Mortgage Group, Inc., Suwanee, GA (license no. 21961) Cease and Desist Order issued November 7, 2008 became final on December 10, 2008.
Aspen Home Loans, LC, American Fork, UT (license no. 19892) Cease and Desist Order issued November 4, 2008 became final on December 4, 2008.
Coastal Mortgage Services, Inc., Alpharetta, GA (license no. 14035) Cease and Desist Order issued No- vember 10, 2008 became final on December 10, 2008.
Corporative Mortgage, Inc., Atlanta, GA (license no. 22067) Cease and Desist Order issued November 25, 2008 became final on December 25, 2008.
Dennis, Floyd Dean, Bremen, GA (license no. 23383) Cease and Desist Order issued November 10, 2008 became final on December 10, 2008.
Gaddh, Sumit, Fort Lauderdale, FL Cease and Desist Order issued May 15, 2008 became final on Decem- ber 18, 2008.
Georgia Home Mortgage, Inc., Holbrook, NY (license no. 7256) Cease and Desist Order issued November 20, 2008 became final on December 23, 2008.
Landmark Mortgage Corporation, Winder, GA (license no. 6020) Cease and Desist Order issued Novem- ber 24, 2008 became final on December 24, 2008.
Metro One Mortgage Corp., Lauderhill, FL (license no. 21387) Cease and Desist Order issued November 14, 2008 became final on December 15, 2008.
MillCreek Mortgage, LLC, Dawsonville, GA (license no. 22633) Cease and Desist Order issued November 13, 2008 became final on December 13, 2008.
Mortgage Capitol Funding, Inc., Norcross, GA (license no. 21503) Cease and Desist Order issued Novem- ber 14, 2008 became final on December 15, 2008.

Page 6
Administrative Actions

December 2008

FINAL CEASE AND DESIST ORDERS

Nationwide Mortgage Services, Inc., Atlanta, GA (license no. 5779) Cease and Desist Order issued No- vember 7, 2008 became final on December 7, 2008.
Network Unlimited, Inc., Columbus, GA (license no. 22731) Cease and Desist Order issued November 25, 2008 became final on December 25, 2008.
Professional System Services, Inc. dba The Bennett Group, Sandy Springs, GA (license no. 20938) Cease and Desist Order issued November 6, 2008 became final on December 8, 2008.
Security General Capital Corporation, Snellville, GA (license no. 18754) Cease and Desist Order issued November 20, 2008 became final on December 23, 2008.
Taylor Mortgage Broker Consulting, Inc., Alpharetta, GA (license no. 21963) Cease and Desist Order issued November 7, 2008 became final on December 9, 2008.

CEASE AND DESIST ORDERS--LIFTED, RESCINED, WITHDRAWN
Community Home Financial Services, Inc., Jackson, MS Cease and Desist Order issued August 4, 2008 was lifted on December 11, 2008. First Capital Mortgage of Central Florida, Inc. dba First Capital Mortgage of Georgia, Maitland, FL (license no. 18467) Cease and Desist Order issued July 15, 2008 was rescinded on December 5, 2008. SN Commercial, LLC, Eureka, CA (license no. 20746) Cease and Desist Order issued October 28, 2008 was rescinded on December 5, 2008. SN Servicing Corporation, Eureka, CA (license no. 12519) Cease and Desist Order issued October 28, 2008 was rescinded on December 16, 2008.
FINAL CONSENT ORDERS
Davis, Christie, Woodstock, Ga - - Consent Order issued on December 18, 2008 became final on Decem- ber 1, 2008. First United Lending, LLC, Woodstock, GA (license no. 19246) - Consent Order issued on December 18, 2008 became final on December 18, 2008.

December 2008
Administrative Actions
SUPERIOR COURT INJUCTIONS--ISSUED

Page 7

Moka Financial, Inc., East Point, GA-- The Superior Court of Fulton County issued a Final Consent Order December 15, 2008 and became final December 15, 2008.
Moka Mortgage, LLC., East Point, GA--The Superior Court of Fulton County issued a Final Consent Order December 15, 2008 and became final December 15, 2008.

FINE INFORMATION
Information regarding fines assessed against a specific licensee, against whom there are no pending administrative actions, is available on an individual licensee basis by submitting a written request to the following e-mail address: dbfmort@dbf.state.ga.us

1 Licensee fined for Background Checks Violations 2 Licensees fined for Books & Records 1 Licensee fined for $6.50 Fees not paid

FINE REASON
1 Licensee fined for Loans Files not properly maintained 1 Licensees fined for Prohibited Act 1 Licensees fined for doing business w/ unlicensed entity

LICENSEES/REGISTRANTS APPROVED OR REINSTATED IN DECEMBER 2008

ID#

COMPANY NAME

23622 23679 23680 23694 23744 23709 23751 23755
6808

TheEquityNetwork.com, Inc. Phillip Wayne Wiggins, Jr. Shannon Marie Upton TS Mortgage, Inc. Cherry Bell Westbrook The Money Source, Inc. (NY) Brian D. Brakefield Chimera Investment Corporation
Crown Mortgage, Inc. +

CITY
Clearwater Dunwoody Duluth Jacksonville Duluth Melville Duluth New York Martinez

ST

MB CD

FL L

GA B

GA B

FL B

GA B

NY L

GA B

NY L

GA B

ORIGINAL APPROVAL 12-05-2008 12-12-2008 12-12-2008 12-12-2008 12-12-2008 12-19-2008 12-26-2008 12-26-2008 02-25-1994

RENEWAL
12-05-2008 12-12-2008 12-12-2008 12-12-2008 12-12-2008 12-19-2008 12-26-2008 12-26-2008 12-12-2008

REINSTATED
09-28-2007

18467 20746

First Capital Mortgage of Central Florida, Inc SN Commercial, LLC

Maitland Eureka

FL B CA L

06-27-2003 09-16-2005

12-05-2008 12-05-2008

12-05-2008 12-05-2008

20505 Academy Mortgage Corporation

Sandy

UT L

07-15-2005

12-12-2008 12-12-2008

12519 SN Servicing Corporation

Eureka

CA L

10-03-1997

12-19-2008 12-19-2008

TOTAL: 13

Page 8
Administrative Actions

December 2008

LICENSEES/REGISTRANTS REVOKED, EXPIRED, SURRENDERED, WITHDRAWN OR DENIED IN DECEMBER 2008

ID# COMPANY NAME

CODE REVOKED EXPIRED SURRENDERED

5720 5779
5805 5901 6020 6381 6520 7256 11543
12310 14035 14143 14161 16968 18079
18754 18808
18881 19246 19589
19889 19892 19968 20032 20275
20422 20622 20863
20874 20938
20980
21251

FAMILY MTG SVC INC
NATIONWIDE MTG SVCS INC JAM CONSULTANTS INC
SOUTHERN RES MTG
LANDMARK MTG CORP
COLE MTG & INV CO INC
T&M BUS & FINL SVCS INC
GA HM MTG INC
BEAR STEARNS MTG CAP CORP DREAM HOUSE MTG CORP
COASTAL MTG SVCS INC
BANKERS SECRETS INC
MIDLAND MTG CORP
S GA MTG CO INC
EMPLOYER-ASSISTED HOUSING SECURITY GEN CAP CORP
COUNTRYSIDE MTG & FINL SV LOAN AMER INC
1ST UNITED LENDING LLC
PROGRESSIVE LENDING CORP LIME FINL SVCS LTD
ASPEN HM LOANS LC
AMER 1ST MTG SVCS INC
GRANGER MTG CORP
ACE MTG SVCS LLC
SUNNYMTG.COM 866-768- CASH PRIME FINL GRP INC (MI)
HOME DEPOT FINL MTG SVCS QUEST PROCESSING LLC
PROFESSIONAL SYSTEM SVCS ALLSTATE MTG & LOAN CORP GREATER UNITED HM FUNDING

BD

LD

12-07-2008

BD

BD

LD

12-24-2008

BD

BD

BD

12-23-2008

LD

LD

BD

12-10-2008

BD

BD

BD

BD

BD

12-23-2008

BD

LD BD 12-18-2008 07-01-2008

BD

LD

BD

12-04-2008

LD

12-10-2008

LD

BD

12-10-2008

LD

BD

BD

BD

BD

12-08-2008

LD

LD

12-18-2008

WITHDRAWN 12-29-2008
12-15-2008 12-01-2008 12-15-2008 12-15-2008
12-10-2008 12-01-2008 12-22-2008 12-15-2008 12-05-2008 12-10-2008
12-22-2008 12-09-2008
12-09-2008 12-30-2008
12-22-2008
12-31-2008 12-09-2008 12-01-2008
12-22-2008 12-22-2008

DENIED

December 2008
Administrative Actions

Page 9

LICENSEES/REGISTRANTS REVOKED, EXPIRED, SURRENDERED, WITHDRAWN OR DENIED

IN DECEMBER 2008

ID# COMPANY NAME

CODE REVOKED

EXPIRED

SURRENDER WITHDRAWN DENIED

21387 METRO ONE MTG CORP

BD

21503 MTG CAPITOL FUNDING INC

LD

21548 GBT & ASSOC LLC

BD

21620 HOME SOLUTIONS NETWORK

BD

21882 GRAND PRIX CREDIT CORP BD

21961 AMERIDREAM MTG GRP INC

BD

21963 TAYLOR MTG BROKER CONSULT

BD

22016 FRANK J WEAVER INC

LD

22067 CORPORATIVE MTG INC

BD

22213 HARFORD CAP MTG LLC

BD

22320 AFFORDABLE REALTY & MTG G

BD

22401 PRIME AMER MTG INC

BD

22586 TRILOGY LENDERS LLC

BD

22633 MILLCREEK MTG LLC

BD

22731 NETWORK UNLIMITED INC

BD

22853 PRIORITY PARTNERS LENDING

BD

22912 1ST CHOICE FUNDING GRP

LD

23009 LOANEXPERT LLC

BD

23383 DEAN, DENNIS FLOYD

BD

23441 FORTES FINL INC

LD

12-15-2008 12-15-2008
12-10-2008 12-09-2008 12-25-2008 12-29-2008
12-13-2008 12-25-2008 12-03-2008 12-10-2008

12-31-2008 12-01-2008 12-01-2008
12-22-2008 12-04-2008 12-12-2008 12-22-2008
12-31-2008 12-29-2008 12-09-2008

TOTAL: 52