Yearly Archives: 2009

Atlanta, GA - December 7, 2009 - (RealEstateRama) -- On December 4, 2009, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Groupers Property Management Associates located at 1050 E. Piedmont Road, Suite E-167, Marietta, Georgia 30062 became final.

Atlanta, GA - December 4, 2009 - (RealEstateRama) -- Homeowners seeking to take a "payment holiday" from their mortgage need to consider other alternatives to make certain they do not become delinquent on their most important asset - their home.

Atlanta, GA - December 4, 2009 - (RealEstateRama) -- On December 2, 2009, the Georgia Department of Banking and Finance’s Amended Notice of Intent to Revoke Annual License of America’s First Home Mortgage Company, Inc., located at 405 North Robinson Street, Richmond, Virginia 23220, mortgage lender’s license number 5682, became final.

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 Act and agency rules.

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 rules

Atlanta, GA - November 18, 2009 - (RealEstateRama) -- On November 16, 2009, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Mortgage Help Solutions d/b/a www.mortgagehelpsolutions.com located at 160 Clairemont Avenue, Suite 268, Decatur, Georgia 30030 became final.

ATLANTA, GA - November 10, 2009 - (RealEstateRama) -- As the colder winter months approach, the Georgia Department of Human Services (DHS) will once again help Georgians struggling to keep up with the cost of heating their homes.

Washington, DC - November 9, 2009 - (RealEstateRama) -- Congressman David Scott voted to stimulate the local economy and provide stability to Georgia families hit hardest by the recession by extending unemployment benefits, the homebuyers' tax credit, and tax relief for military families. The Emergency Unemployment Compensation Extension Act will provide immediate assistance to millions of families.

Atlanta, GA - November 5, 2009 - (RealEstateRama) -- On December 18, 2008, the Georgia Department of Banking and Finance (“Department”) agreed to a settlement with SunnyMTG.com 866-768-CASH, LLC (“SunnyMTG”), License Number 20422, located at 1910 East Oakland Park Boulevard, Fort Lauderdale, FL 33306, and its owner Sumit Gaddh, to resolve alleged violations of the Georgia Residential Mortgage Act and agency rules.

Atlanta, GA - November 3, 2009 - (RealEstateRama) -- On October 26, 2009, the DeKalb County Superior Court issued a Final Consent Order enjoining Mortgage First, LLC of Layton, Utah, from further violation of the Department of Banking and Finance’s (“Department’s”) order requiring that it cease and desist from engaging in unlicensed residential mortgage activities in Georgia.On October 15, 2007, a Cease and Desist Order issued by the Department became final against Mortgage First, LLC after it was determined that this company was engaging in residential mortgage activities without the appropriate license. After the Cease and Desist Order became final, Mortgage First, LLC continued to engage in mortgage broker and lending activities for which a license was required by the Department.

ATLANTA, GA - November 2, 2009 - (RealEstateRama) -- Federal Emergency Management Agency (FEMA) mitigation specialists will be providing Georgians with disaster-resistance advice as they move to new outreach locations throughout disaster-impacted counties.

Atlanta, GA - October 30, 2009 - (RealEstateRama) -- On October 29, 2009, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Mountain States Mortgage Centers, Inc. located at 1333 E. 9400 South, Sandy, Utah, 84093 became final.

October 21, 2009 - (RealEstateRama) -- House Ways and Means Oversight Subcommittee Chairman John Lewis (D‑GA) today announced that the Subcommittee on Oversight will hold a hearing on administration of the first‑time homebuyer tax credit. The hearing will take place on Thursday, October 22, 2009, at 10:00 a.m., in the main Committee hearing room, 1100 Longworth House Office Building.

Washington, DC - October 19, 2009 - (RealEstateRama) -- Congressman Jack Kingston (R-GA/1) announced today that Economic Opportunity Authority (EOA) for Savannah-Chatham County is the recipient of two grants from the Department of Housing and Urban Development (HUD). The grants will be used to support services related to housing counseling to homebuyers, homeowners and low to moderate income renters.