- Collection:
- Georgia Government Publications
- Serial:
- Monthly summary of mortgage activities / Georgia Department of Banking and Finance.
- Title:
- Monthly mortgage summary, Feb. 2014
- Creator:
- Georgia. Department of Banking and Finance
- Contributor to Resource:
- Georgia. Department of Banking and Finance.
- Publisher:
- Atlanta, GA : Georgia Department of Banking and Finance, 2014-02
- Date of Original:
- 2014-02
- Subject:
- Georgia. Department of Banking and Finance
Mortgage loans--Georgia - Location:
- United States, Georgia, 32.75042, -83.50018
- Medium:
- state government records
- Type:
- Text
- Format:
- application/pdf
- Description:
- Nov. 1999; title from caption.
June 2005. - External Identifiers:
- Call Number GA B100 .P1 M6 2014/2
- Metadata URL:
- https://dlg.galileo.usg.edu/id:dlg_ggpd_i-ga-bb100-b-pp1-bm6-b2014-s2-belec-p-btext
- Digital Object URL:
- https://dlg.galileo.usg.edu/do:dlg_ggpd_i-ga-bb100-b-pp1-bm6-b2014-s2-belec-p-btext
- Language:
- eng
- Holding Institution:
- University of Georgia. Map and Government Information Library
- Rights:
-
Monthly Mortgage Summary
Georgia Department of Banking & Finance ~ Non-Depository Financial Institutions Division
Monthly Summary of Mortgage Activities for the Period Ending February 2014
Inside this Issue:
Forgot you 2 Password? (continued)
Licenses Approved 2 or Reinstated
License Denials 3
Fine Information 3
Licenses Revoked, 4 Expired or Withdrawn
Contact 7 Information
Non-Georgia Branches
Department approval is not required for branches located outside Georgia. Only submit an MU3 Branch Form to Georgia via the NMLSR for branches located within this state. License/approval requests for out-of-state branches will be administratively withdrawn. Fees remitted in connection with a branch request are non-refundable.
Please be reminded that adequate supervision of out-of-state operations is required. Failure to adequately supervise out-of-state Georgia mortgage activity could result in fines and/or administrative action.
Forgot your Password?
Paying fines and fees, as well as accessing your license/registration certificate on the Department's website, requires a Department issued password. This password is provided upon approval.
If you forgot your password, please visit https://bkgfin.dbf.state.ga.us/MBForgotPassword.html
The Forgot My Password webpage requires a Georgia license number, which can be obtained from your license or registration certificate or from NMLS. Using your NMLS number will generate an error message.
Mortgage Loan Originators: After entering your mortgage loan originator license number, your password will be e-mailed to the e-mail address you provided for regulatory contact.
(Continued on page 2)
"Safeguarding Georgia's Financial Services"
Page 2
February 2014
Forgot your Password?
(Continued from page 1)
Mortgage Companies: After entering your mortgage company's license or registration number, your company's password will be e-mailed to the primary contact designated on NMLS. Note, this is not an NMLS webpage, please be sure to use your Georgia issued license or registration number and not your NMLS number.
MORTGAGE LOAN ORIGINATOR LICENSES APPROVED OR REINSTATED IN FEBRUARY 2014
A total of 307 MLO licenses were approved during the month, including 25 reinstated licenses and 282 new license approvals.
A separate document is provided on the Department's website for licenses approved in February 2014: http://dbf.georgia.gov/documents/february-2014-mortgage-loan-originator-license-approvals
COMMONLY USED ACRONYMS
CE -- Continuing Education Department -- Georgia 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
February 2014
Page 3
MORTGAGE BROKERS, PROCESSORS, LENDERS AND REGISTRANTS APPROVED OR REINSTATED IN FEBRUARY 2014
Mortgage Loan Originator License Denials
Fine Information
FINE REASON AND COUNT
1 Fine for Background Checks 1 Fine for Books and Records 1 Fine for Doing Business with an Unlicensed Entity
50 Fines for Mortgage Call Report Filed Late in NMLS 2 Fines for Advertising 1 Fine for Miscellaneous Other
Page 4
February 2014
MORTGAGE LOAN ORIGINATOR LICENSEES REVOKED, EXPIRED OR WITHDRAWN IN FEBRUARY 2014
February 2014
MORTGAGE LOAN ORIGINATOR LICENSEES REVOKED, EXPIRED OR WITHDRAWN IN FEBRUARY 2014
Page 5
Page 6
February 2014
MORTGAGE BROKER AND LENDER LICENSEES / REGISTRANTS REVOKED, EXPIRED OR WITHDRAWN IN FEBRUARY 2014
February 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 banks, credit unions, and trust companies chartered by the State. The Department also has regulatory and/or licensing authority over mortgage brokers/processors, lenders and loan originators, money service businesses, internaonal banking organizaons, and bank holding companies
conducng business in Georgia.
Our MISSION is to promote safe, sound, compeve financial services in Georgia through innovave, responsive regulaon and supervision.
Our VISION is to be the best financial services industry regulator in the country Progressive. Proacve. 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.