Georgia Department of Banking and Finance Enters into a Consent Order with Dependable Mortgage, LLC and its Owner, Gbenga Ibisanmi
Atlanta, GA - February 3, 2010 - (RealEstateRama) – On January 27, 2010, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Dependable Mortgage, LLC, License Number 19425, formerly located at 6030 Dawson Boulevard, Suite A, Norcross, Georgia 30093, and its owner, Gbenga Ibisanmi, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act and agency rules.The Consent Order includes the following terms:
- The revocation of Dependable Mortgage, LLC’s mortgage broker’s license became effective on January 27, 2010. Dependable Mortgage, LLC can never apply to the Department for another license to be a mortgage broker or to be a mortgage lender;
- Gbenga Ibisanmi is prohibited from directing the affairs of a Georgia mortgage broker or Georgia mortgage lender or from acting as a director, officer, partner, employee, equitable owner, or any other equivalent role for a mortgage broker or mortgage lender for 5 years. Further, Mr. Ibisanmi is prohibited from acting as a branch manager for a Georgia mortgage broker or Georgia mortgage lender for 5 years; and
- Gbenga Ibisanmi is prohibited from applying for a Georgia mortgage broker’s or Georgia mortgage lender’s license, either in his individual capacity or as the owner or officer of a corporation, partnership, limited liability company, or other business association, for 5 years.
Contact:
Rod Carnes
Deputy Commissioner for Non-Depository Financial Institutions
Phone: (770) 986-1371
E-mail: ">
The Department has regulatory and/or licensing authority over state-chartered banks, credit unions, trust companies, mortgage brokers, mortgage lenders, mortgage processors, mortgage loan originators, check cashers, sale of check companies, money transmitters, international banking organizations, and bank holding companies conducting business in Georgia. Visit us on the Web at: http://dbf.georgia.gov/
Related posts:
- Department of Banking and Finance Enters into a Consent Order with Gateway Mortgage Group, LLC and its President, John Kevin Stitt
Atlanta, GA - December 1, 2009 - (RealEstateRama) -- On November 23, 2009, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Gateway Mortgage Group, LLC, License Number 20712, located at 6910 E. 14th Street, Tulsa, Oklahoma 74112, and its president, John Kevin Stitt, to resolve allegations pertaining to violations of the Georgia Residential Mortgage...
- Department of Banking and Finance Enters into a Consent Order with America’s Mortgage Broker, LLC, and its owners, Mark Collins and Axiom, Inc.
Atlanta, GA - December 3, 2009 - (RealEstateRama) -- On December 1, 2009, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with America’s Mortgage Broker, LLC, mortgage lender’s license number 15600, located at 324 North Dale Mabry Highway, Suite 203, Tampa, Florida 33609-1266, and its owners, Mark Collins and Axiom, Inc., to resolve allegations of...
- Department of Banking and Finance Enters into a Consent Order with Metro Home Mortgage Corporation and Roland Collymore
Atlanta, GA - July 8, 2009 - (RealEstateRama) — On July 6, 2009, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Metro Home Mortgage Corporation, License Number 20433, formerly located at 6075 Roswell Road, Suite 605, Atlanta, Georgia 30328, and its chief executive officer, Roland Collymore, to resolve allegations pertaining to violations of the...
- Department Enters into a Consent Order with Central Fidelity Mortgage Corporation and its Owner, Kim Strain
Atlanta, GA - July 31, 2009 - (RealEstateRama) -- On July 30, 2009, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Central Fidelity Mortgage Corporation, License Number 20543, formerly located at 3215 Haleys Way SE, Conyers, Georgia 30013, and its owner, Kim Strain, to resolve allegations pertaining to violations of the Georgia Residential Mortgage...
- Department of Banking and Finance Enters into a Consent Order with First-Rate Mortgage Inc. and its President, Steven Post
Atlanta, GA - December 1, 2009 - (RealEstateRama) -- On November 23, 2009, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with First-Rate Mortgage Inc., License Number 13134, located at 2377 Terrell Drive, Atlanta, Georgia 30341, and its president, Steven Post, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act and agency...
Comments
No comments yet.
Leave a comment