Monthly mortgage summary, Oct. 2014

Monthly Mortgage Summary

Georgia Department of Banking & Finance ~ Non-Depository Financial Institutions Division
Monthly Summary of Mortgage Activities for the Period Ending October 2014

Inside this Issue:
MLO Renewal - 2 Credit Report Required
Mortgage Call 2 Report Reminder
Department Issues 2 Proposed
Rulemaking and Provides
Opportunity to Comment
Administrative 2 Actions
License Denials 3
Fine Information 3
Licenses Approved 3 or Reinstated
Licenses Revoked, 4 Withdrawn or Surrendered
Contact 7 Information

2015 Mortgage License/Registration Renewal Timeline
Please refer to the September Monthly Mortgage Summary for more information on streamlined mortgage renewals.

CE Deadline Renewal Period Begins Renewal Period Ends Late Renewal Begins
Late Renewal Ends License and Registration Expiration

10/31/14 11/1/14 12/1/14 12/2/14
12/31/14 1/1/15

Broker Licensees and MLOs
Late Renewal Application Fee--$100 (MLO) and $300 (Company)
Expired licensees and registrants must re-apply for licensure or registration to be reinstated.

Mortgage Renewal Fees

Mortgage Broker/Processor License or Registration $500 annual license fee (includes NMLS processing fee)

Mortgage Lender License or Registration

$1,000 annual license fee (includes NMLS processing fee)

Mortgage Branch Approval

$20 NMLS processing fee

Mortgage Loan Originator

$100 annual license fee plus $30 NMLS processing fee (MLOs may also be required to pay $15 to authorize a credit report)

These fees must be paid electronically through NMLS upon submission of the license
renewal request. Requests must be submitted by December 1, 2014 for a timely renewal. Renewal requests submitted on or after December 2nd will be considered late and will be subject to an additional $300 (Company Licensees and Registrations) or $100 (MLO) late renewal application fee that will be invoiced through NMLS.

"Safeguarding Georgia's Financial Services"

Page 2

October 2014

MLO Renewal - Credit Report Required
A credit report request is required as part of your renewal application. Please ignore any conflicting information provided by NMLS on either the Resource Center or Renewals Tab. Georgia will accept a credit report requested within the 90 days preceding your renewal request. If you have requested a credit report during the renewal period for Georgia or another state during that time period no further action is required. If you have not requested a credit report within the past 90 days, you must make a credit report request through the Filings Tab (Indivdiual (MU4) Credit Report Request Guide) as the opportunity to request a credit report through the renewals tab may not be available to you. The fee for a credit report charged by NMLS is $15. Renewal applications will be considered incomplete without a recent credit report (within the past 90 days). License items will be placed on all records where a renewal request has been submitted without a recent credit report. Failure to obtain a recent credit report may result in the termination of your license as your renewal application will be considered incomplete.

Mortgage Call Report Reminder
This is a reminder that the Mortgage Call Report ("MCR") required by O.C.G.A. 7-1-1004.1 is due within 45 days of the end of every calendar quarter. Third quarter data (July 1 September 30, 2014) must be filed through the NMLSR by November 14, 2014.
Companies that fail to file quarterly MCRs prior to the deadline will be assessed a fine and may subject their Georgia license to revocation. Failure to file a timely MCR will also delay the processing of your renewal application.
For more information about the requirements surrounding the MCR, please refer to the NMLSR website at: http://mortgage.nationwidelicensingsystem.org/slr/common/mcr/Pages/default.aspx

Department Issues Proposed Rulemaking and Provides Opportunity to Comment
On November 3, 2014, pursuant to the provisions of the Georgia Administrative Procedure Act, O.C.G.A. 50-131 et seq., and by the authority of O.C.G.A. 7-1-61, 7-1-1012, 7-9-13 and other cited statutes, the Department of Banking and Finance ("Department") gave notice of its intent to adopt new rules. Comments to the Department must be received by the close of business on Thursday, December 4, 2014.
The Proposed Rules may be viewed or downloaded from the Department's website at: http://dbf.georgia.gov/documents/2014-dbf-proposed-rulemaking-11-3-2014.
ADMINISTRATIVE ACTIONS
Consent Orders Which Became Final
HomeTown Lenders, LLC, Huntsville, AL (license# 21441) - Consent Order issued 10/01/2014 became final
10/01/2014.
Quick, Bryon Heath, Huntsville, AL - Consent Order issued 10/01/2014 became final 10/01/2014. Taylor, William Jr., Huntsville, AL - Consent Order issued 10/01/2014 became final 10/01/2014. Taylor, William Sr., Huntsville, AL - Consent Order issued 10/01/2014 became final 10/01/2014.

October 2014

Mortgage Loan Originator License Denials

NMLS# 101650 989670 1217416 1122397 1169686
Total

NAME Jonathan James Cecil Hector Escobar Justin Daniel Cressell Tonio Cortez Humphries, Sr. Andrew Bittner Shufelt
5

CITY Charlotte Corona Centreville Statesboro Herndon

Page 3
ST DENIED NC 10/16/2014 CA 10/16/2014 VA 10/16/2014 GA 10/30/2014 VA 10/30/2014

Fine Information
1 Fine for Books and Records 1 Fine for Background Checks

FINE REASON AND COUNT
51 Fines for GRMA Fees Not Paid 1 Fine for Loan Files not Properly Maintained

MORTGAGE BROKERS, PROCESSORS, LENDERS AND REGISTRANTS APPROVED OR REINSTATED IN OCTOBER 2014

GRMA# NMLS#
43006 1121650 43354 330511 43396 1192051 43420 1223023 43660 1229691

CODE NAME
L ETHOS LENDING LLC L Avex Funding Corporation B Frontline Capital Mortgage, Inc. B Expert Financial Enterpise, Inc. B LoanPro Mortgage Solutions, LLC

Total 5

CITY

ST

SAN FRANCISCO CA

Milpitas

CA

Jasper

GA

Morrow

GA

Duluth

GA

ORIGINAL APPROVAL
10/02/2014 10/03/2014 10/06/2014 10/15/2014 10/17/2014

REINSTATED

Page 4

October 2014

MORTGAGE LOAN ORIGINATOR LICENSES APPROVED OR REINSTATED IN OCTOBER 2014
A total of 122 MLO licenses were approved during the month, including 14 reinstated licenses and 108 new license approvals. A separate document is provided on the Department's website for licenses approved in October 2014: http://dbf.georgia.gov/documents/october-2014-mortgage-loan-originator-license-approvals

MORTGAGE BROKER AND LENDER LICENSEES/REGISTRANTS WITHDRAWN OR SURRENDERED IN OCTOBER 2014

GRMA# NMLS# 21441 65084 32182 458287 16826 45012 24073 158550 34421 13677 22922 3507 36073 122701 11580 3510

CODE NAME LD HomeTown Lenders, LLC LD Military Family Home Loans, LLC LD First Financial Services, Inc. (North Carolina) LD R. H. Lending, Inc. LD Continental Home Loans Inc. LD Crossline Capital Inc. LD Hamilton Residential Mortgage Company LD Mortgage Investors Corporation

CITY Huntsville West Des Moines Charlotte Colleyville Melville Lake Forest Wayne St. Petersburg

ST WITHDRAWN SURRENDERED

AL

10/01/2014

IA 10/02/2014

NC 10/07/2014

TX 10/14/2014

NY 10/20/2014

CA 10/23/2014

PA 10/28/2014

FL 10/29/2014

Total

7

1

GRMA# 25900 28866 41222 38121 39520 37764 40544 40851 42365

MORTGAGE LOAN ORIGINATOR LICENSEES REVOKED OR WITHDRAWN IN OCTOBER 2014

NMLS# 5682 28414 815128 993822 1003874 1044628 1135898 1147953 1165082

CODE NAME OD Michael Andrew Heckman OD Indrit Bleta OD Joshua Stephen Mazalewski OD Andrew Lalonde OD Ashley Nicole Dirks OD Joshua Leon Stanbrough OD Thomas Charles McCoy OD Andrew Michael Nardella OD Moriah Erin Van Vlerah

CITY Folsom Bloomfield Hills Owings Mills Washington Chicago Crownsville Gaithersburg Gaithsburg Halethorpe

ST REVOKED PA MI MD DC IL MD MD MD MD

WITHDRAWN 10/01/2014 10/01/2014 10/01/2014 10/01/2014 10/01/2014 10/01/2014 10/01/2014 10/01/2014 10/01/2014

UPCOMING 2014 HOLIDAY CLOSINGS
This is a reminder that the Department will be closed on Tuesday, November 11th for Veterans' Day, Thursday, November 27th for Thanksgiving Day, and
Friday, November 28th in observance of Robert E. Lee's Birthday.

October 2014

Page 5

GRMA# 42842 39335 41879 36616 41098 36917 35128 42747 40069 40569 41576 25438 36742 38950 38611 39801 33204 34206 39725 36429 36312 42506 37225 27565 34600 28185 28423 41481 34281 41872 41600 39705 30906 41445 25546 28633 24346 37679 34848

MORTGAGE LOAN ORIGINATOR LICENSEES REVOKED OR WITHDRAWN IN OCTOBER 2014

NMLS# 1202141 198631 230015 251920 841978 847827 913807 1090459 1109106 1135910 1165083 4135 905185 206619 1012251 1037441 824923 874049 1010327 975131 998912 951242 992377 84938 891530 28547 32986 728303 862840 1028767 1077150 1104962 184993 374007 16692 168780 231751 1047192 917951

CODE NAME OD James Alexander Dalrymple OD Rory Anthony Medina OD Elaine Sue Honegger OD Brian Colin Girrbach OD Wenzhen Cai OD Amelia Rose Hubble OD Michael Anthony Dobbins OD Matthew Brandon Zarin OD Carmelo P. Poliandro OD Victoria Janeen Bednarek OD Loncastro Obinna Nwaneri OD Justin Lee Donley OD Eric Thomas Yancey OD John Daniel Brooks OD Timothy Scott Dial OD Jeneen Farha OD Steven Patrick Lemmon OD Vadim Potafiy OD Eileen Rose Scudder OD Kevin Thomas Wilson OD Ronica An Minc OD Kyle Andrew Mason OD Beth Wollek Mergens OD Scott A. Sopko OD Jamie Lynn Luck OD Guy Michael Dake OD Michael Engstrom OD Mikial Jonah Bey OD David Wesly Wilkerson OD Catherine Ann Savoie OD Briana Kanesha McSwain OD Jennifer Ann Michiko Pitts OD ETHEL MARLEEN BARLOW OD Jonathan Zachary Scherer OD Eric Jon Carden OD Brian Scott Eichhorn OD Tony James Rogers OD Cody Ryan Cooper OD Brannon Marshall Biddy

CITY College Park Detroit Hilton Head Island Allen Park Edison Brownstown Akron Ellicott City Boca Raton Forest Hill Washington Twinsburg Germantown Silver Spring Murfreesboro Macomb Fort Worth Tulsa Sacramento Mount Laurel Marietta Scottsdale Citrus Heights Greenville Detroit Sandy Phoenix Aldan Midland City Bedford Clinton Twp Frisco Centennial Park Santa Monica Coventry Richmond Hill Lawrenceville Austin Atlanta

ST REVOKED WITHDRAWN

MD

10/01/2014

MI

10/03/2014

SC

10/03/2014

MI

10/03/2014

NJ

10/03/2014

MI

10/03/2014

OH

10/03/2014

MD

10/03/2014

FL

10/03/2014

MD

10/03/2014

DC

10/03/2014

OH

10/06/2014

MD

10/06/2014

MD

10/07/2014

TN

10/07/2014

MI

10/07/2014

TX

10/08/2014

OK

10/08/2014

CA

10/08/2014

NJ

10/09/2014

GA

10/09/2014

AZ

10/10/2014

CA

10/10/2014

SC

10/14/2014

MI

10/14/2014

UT

10/15/2014

AZ

10/15/2014

PA

10/15/2014

AL

10/15/2014

TX

10/15/2014

MI

10/15/2014

TX

10/15/2014

AZ

10/16/2014

CA

10/16/2014

RI

10/17/2014

GA

10/17/2014

GA

10/20/2014

TX

10/20/2014

GA

10/23/2014

Page 6

October 2014

MORTGAGE LOAN ORIGINATOR LICENSEES REVOKED OR WITHDRAWN IN OCTOBER 2014

GRMA# 38787 41951 41143 42924 42731 42890 40280 41817 37559 37748 33897 37860 37698 39704 40389 40338
Total

NMLS# 1055205 1147185 1054170 1086619 1107572 246201 395415 217528 48815 181255 813605 920439 1054185 1098697 1122055 1122925

CODE NAME OD Taylor Nicole Deppe OD Ann Marie Samball OD Ryan David Mathe OD Mohamad Ahmad Ballout OD Reed Alexander Wilkin OD Said Djahanbin OD Elizabeth Hansen Thompson OD Benjamin Todd Cohen OD Jacob Allen Adams OD Amber Rochelle Lozano OD Audrey Jade Selburn OD Mitchell Curtis Casteel OD Kevin Lee Smith OD Jeffrey Michael Parrett OD Emily Rebecca Albers OD Robin Lynn Turner

CITY Columbia Orlando Westland Dearborn Trenton Dana Point Columbia Chicago Kure Beach Whittier Harper Woods Columbia Columbia Columbia Columbia Columbia

ST REVOKED WITHDRAWN

MO

10/23/2014

FL

10/23/2014

MI

10/27/2014

MI

10/27/2014

MI

10/27/2014

CA

10/29/2014

MO

10/29/2014

IL

10/30/2014

NC

10/31/2014

CA

10/31/2014

MI

10/31/2014

MO

10/31/2014

MO

10/31/2014

MO

10/31/2014

MO

10/31/2014

MO

10/31/2014

0

64

COMMONLY USED ACRONYMS

CE -- Continuing Education Department -- Ga. Department of Banking and Finance GRMA -- Georgia Residential Mortgage Act MCR -- Mortgage Call Report

MLO -- Mortgage Loan Originator NMLS or NMLSR -- Nationwide Mortgage Licensing System & Registry
O.C.G.A. -- Official Code of Georgia Annotated

October 2014
Georgia Department of Banking and Finance
2990 Brandywine Road Suite 200
Atlanta, Georgia 30341-5565
Phone: (770) 986-1269 Fax: (770) 986-1029 or 1655
Email: dbfmort@dbf.state.ga.us
We're on the Web! dbf.georgia.gov

Page 7
The Department is the state agency that regulates and examines Georgia statechartered banks, state-chartered credit unions, and state-chartered trust companies. The Department also has responsibility for the supervision, regulation, and examination of Merchant Acquirer Limited Purpose Banks (MALPBs) chartered in Georgia.
In addition, the Department has regulatory and/or licensing authority over mortgage brokers, lenders and processors, mortgage loan originators, check cashers, sellersissuers of payment instruments, money transmitters, international banking organizations, and bank holding companies conducting business in Georgia.
Our Mission is to promote safe, sound, competitive financial services in Georgia through innovative, responsive regulation and supervision.
Our Vision is to be the best financial services industry regulator in the country Progressive. Proactive. Service-Oriented.

Sign-up to Receive this Publication
This monthly publication highlights topics and activities pertaining to the Department's regulation of state-licensed or registered mortgage brokers, lenders and loan originators. It is delivered to interested parties via e-mail and is also available from the Department's website at: http://dbf.georgia.gov under Publications, Mortgage Summary.
If you would like to be added to our distribution list, send an e-mail to dbfpress@dbf.state.ga.us stating your name and e-mail address. Please be sure to include "Subscribe to Monthly Mortgage Summary" in the Subject line.