Yearly Archives: 2011

June 13, 2011 - (RealEstateRama) -- Former business partners Melvin Hullett and Antonio Lewis pled guilty yesterday in DeKalb County Superior Court to Racketeering, O.C.G.A. § 16-14-4(c), before Judge Courtney L. Johnson for their role in fraudulently profiting from the sale of a Clayton County home

Atlanta, GA - June 2, 2011 - (RealEstateRama) -- On May 31, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Xcelerated Financial Solutions, LLC fka Georgia Foreclosure Center fka Foreclosure Crisis Center, LLC located at 6505 Shiloh Road, Suite 301, Alpharetta, Georgia 30005 became final.This Order to Cease and Desist was issued by the Department after it obtained evidence that Xcelerated Financial Solutions, LLC fka Georgia Foreclosure Center fka Foreclosure Crisis Center, LLC engaged in residential mortgage brokering activities without a license or under an applicable exemption in violation of O.C.G.A. § 7-1-1002.

Alpharetta, GA - May 26, 2011 - (RealEstateRama) -- Realtor Mark Spain and his award-winning team of 14 agents and staff have partnered with Keller Williams Realty North Atlanta. They are based out of the Keller Williams located at 5780 Windward Parkway in Alpharetta. The Mark Spain Team had been with RE/MAX International since 1997 and was annually honored as one of the top-producing real estate teams in Georgia and the entire United States. In addition, the team has been the #1 team with the several-thousand-member Atlanta Board of Realtors for the last seven consecutive years

Washington, DC - May 23, 2011 - (RealEstateRama) -- Congressman David Scott [GA-13], in partnership with the U.S. Departments of Treasury and Housing and Urban Development (HUD), will host the powerful two-day “Help for Homeowners Community Events” on Friday, June 17, 11am-7:30pm and Saturday, June 18, 9am-3pm. These events will take place at the Georgia International Convention Center in College Park.

Atlanta, GA - May 13, 2011 - (RealEstateRama) -- On May 10, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Charles Lee Carter aka Bo Carter (NMLS# 204264) of Bogart, Georgia became final.This Order to Cease and Desist was issued by the Department after it obtained evidence that Charles Lee Carter aka Bo Carter engaged in mortgage loan origination activities without a license or under an applicable exemption in violation of O.C.G.A. § 7-1-1002 despite the Final Order of Denial entered by the Department of his mortgage loan originator license application on July 1, 2010.

ATLANTA, GA - May 9, 2011 - (RealEstateRama) -- Several thousand Georgia residents are expected to seek federal assistance for their losses from the severe storms and tornadoes that began April 27, according to disaster recovery officials.

ATLANTA, GA - May 6, 2011 - (RealEstateRama) -- To help people displaced by the recent tornadoes find rental housing, the Georgia Emergency Management Agency (GEMA) and the Georgia Department of Community Affairs (DCA) are encouraging displaced survivors to use www.GeorgiaHousingSearch.org.

Torrance, CA - April 18, 2011 - (RealEstateRama) -- Lee & Associates, one of the largest commercial real estate firms in the country, has named Thomas “Tommy” C. Hiles, SIOR as the newest principal of the Atlanta office.

Atlanta, GA - April 18, 2011 - (RealEstateRama) -- Georgia Realtor® and entrepreneur say the drama in today's housing market calls for a HUGE dose of positive stimulation. In a just-released book titled The Influencers™, the author says the time is ripe for real estate professionals to sharpen their influence by cultivating relational transactions before business transactions

Atlanta, GA - April 8, 2011 - (RealEstateRama) --On April 6, 2011, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with BDK Mortgage & Investments, Inc. (“BDK Mortgage”), License Number 11800, Nationwide Mortgage Licensing System Number 166983, located at 201 Tallman Drive, Martinez, Georgia 30907 and its owners, Jackie H. Spires and James Spires, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act and agency rules.

Irvine, CA - April 8, 2011 - (RealEstateRama) -- Due to recent confusion President & CEO of the California based Lenox Financial Mortgage Corporation, Wesley Hoaglund, clarifies that there is no affiliation with the Atlanta, Georgia based Lenox Financial Mortgage, LLC.

March 25, 2011 - (RealEstateRama) -- A Fulton County Grand Jury returned multiple Residential Mortgage Fraud indictments against ten individuals for their roles in perpetuating mortgage fraud in south Atlanta.

Atlanta, GA - March 23, 2011 - (RealEstateRama) -- On March 21, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Lenox Financial Mortgage, LLC dba www.lenoxfinancial.com dba Technology and Workflow Management Corporation located at 6 Piedmont Center, Suite 500, 3525 Piedmont Center, Atlanta, Georgia 30305 became final.This Order to Cease and Desist was issued by the Department after it obtained evidence that Lenox Financial Mortgage, LLC dba www.lenoxfinancial.com dba Technology and Workflow Management Corporation engaged in residential mortgage brokering/lending activities without a license or under an applicable exemption in violation of O.C.G.A. § 7-1-1002.

Washington, DC - March 17, 2011 - (RealEstateRama) -- Today, the U.S. House of Representatives voted to end the Neighborhood Stabilization Program (NSP). The NSP provides funding to help local communities deal with large numbers of foreclosures and abandoned properties. Congressman Scott opposed this effort to abandon neighborhoods in his district.

WASHINGTON, D.C. - March 17, 2011 - (RealEstateRama) -- This week, the House of Representatives voted to terminate the Neighborhood Stabilization Program, saving $1 billion of taxpayer money. The Neighborhood Stabilization Program was created in the 2008 Fannie Mae and Freddie Mac bailout bill and allocated federal taxpayer dollars to state and local governments to purchase, renovate, rebuild, and resell abandoned and foreclosed property.