Yearly Archives: 2009

Atlanta, GA - August 11, 2009 - (RealEstateRama) -- On August 7, 2009, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with W.J. Bradley Mortgage Capital Corporation f/k/a Morgan Financial, Inc. (“W.J. Bradley Mortgage”), mortgage lender’s license number 20233, located at 201 Columbine Street, Denver, Colorado 80206, to resolve allegations of violations of the Georgia Residential Mortgage Act.

Atlanta, GA - August 10, 2009 - (RealEstateRama) -- On August 06, 2009, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Allied Home Mortgage Capital Corporation (“Allied Home Mortgage”) mortgage lender’s license number 7115, located at 6110 Pinemont Drive, Suite 215, Houston, Texas 77092, to resolve allegations of violations of the Georgia Residential Mortgage Act.

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 Act and agency rules.

Atlanta, GA - July 31, 2009 - (RealEstateRama) -- The newest online video report, highlighting the latest news and statistics about the metro Atlanta summer real estate market, is now available for free viewing at. Other information available for download from this site includes information on a Job Loss Protection program offered exclusively by Prudential Georgia Realty, the federal government’s $8,000 First-Time Home Buyer’s Tax Credit and a video on Prudential’s award-winning Advanced Property Marketing System for sellers

Atlanta, GA - July 31, 2009 - (RealEstateRama) -- American Real Estate University, the exclusive school for the Real Estate Owned Specialist (REOS) and Real Estate Short Sale Specialist (RESS) designations, has recently surpassed the 10,000-graduate mark for real estate professionals earning these designations. To date, AREU has had more than 25,000 real estate agents enrolled in its classes over the last two years. These courses are all designed to either teach a new area in which an agent can diversify and specialize or to keep agents up to speed on changes and developments in the industry.

WASHINGTON, DC - July 30, 2009 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today announced that it is charging an Atlanta condominium association, a local real estate company, and its agent with housing discrimination for refusing to sell to families with children. HUD's charge of violating the Fair Housing Act is against Georgian Manor Condominium Association, Inc., HN Real Estate Group, Jennifer Sherrouse, and the Estate of Jean Branch.

Atlanta, GA - July 30, 2009 - (RealEstateRama) -- On July 30, 2009, the Notice of Intent to Revoke Annual License issued by the Georgia Department of Banking and Finance (“Department”) became final against Capital Mortgage & Financial Group, Inc., mortgage broker’s license number 14639, formerly located at 3405 Piedmont Road, Suite 525, Atlanta, Georgia 30305.

Atlanta, Georgia - July 27, 2009 - (RealEstateRama) -- On July 23, 2009, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Mortgage Relief Group, LLC of Tucker, Georgia became final.

Atlanta, GA - July 16, 2009 - (RealEstateRama) -- On July 14, 2009, the Georgia Department of Banking and Finance’s (“Department’s”) Amended Notice of Intent to Revoke Annual License of Georgia Mortgage & Realty, LLC, located at 203 Hilderbrand Drive, Sandy Springs, Georgia 30328, mortgage broker’s license number 5633, became final.

Washington, D.C. - July 10, 2009 - (RealEstateRama) — Congressman John Barrow (GA-12) announced today that the Georgia Housing Authority will receive $76 million in funding from the American Recovery and Reinvestment Act (Recovery Act) to increase the development of affordable housing units. These funds will support the construction, acquisition, and rehabilitation of housing for low-income families and individuals throughout the state. It will also create and preserve construction and non-construction jobs. The Recovery Act was passed by Congress with Congressman Barrow's support and signed into law by President Obama earlier this year.

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 Georgia Residential Mortgage Act and agency rules

Atlanta, GA - July 7, 2009 - (RealEstateRama) — Mark Spain, the top-producing Realtor® with RE/MAX Greater Atlanta, has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable expertise to offer at a time when the area has numerous “distressed” homes in the foreclosure process.

New York, N.Y. - July 6, 2009 - (RealEstateRama) — Turner Construction Company, the nation’s leading general builder, was selected by the Cobb County to provide design/build services for the $57 million Superior Court Building in Marietta, Ga. Completion is scheduled for December 2010

Fayetteville, GA - July 2, 2009 - (RealEstateRama) — Fayette County resident Kavita (Kay) McInroe, an award-winning Realtor with Prudential Georgia Realty in Fayetteville, was recently honored as the 2009 Realtor of the Year for the Fayette County Board of Realtors

Atlanta, GA - July 1, 2009 - (RealEstateRama) — Prudential Georgia Realty just introduced the first Job Loss Protection program for real estate to metro Atlanta home buyers and sellers. The HELP Program (Homeowner Education and Loan Protection) is administered by the Rainy Day Foundation and includes up to six monthly payments of $1,800 over a 24-month coverage period. That translates to $10,800 of protection in the event of an involuntary job loss. This program is only available from certified Prudential Georgia Realty agents.