Georgia Department of Banking and Finance’s Order to Cease and Desist Issued to Home Rights Advocates, Inc. Becomes Final


Atlanta, GA – October 28, 2011 – (RealEstateRama) — On October 27, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Home Rights Advocates, Inc. located at 2550 Sandy Plains Road, Suite 225-271, Marietta, Georgia 30066 became final.

This Order to Cease and Desist was issued by the Department after it obtained evidence that Home Rights Advocates, Inc. 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.

Pursuant to Georgia law, it is prohibited for any person to directly or indirectly solicit, process, place, or negotiate mortgage loans for others, or offer to solicit, process, place, or negotiate mortgage loans for others without a mortgage license or pursuant to an exemption from licensure.

It is also prohibited for any person knowingly to purchase, sell, or transfer a mortgage loan or loan application from or to an entity that is not licensed or exempt from licensing or registration provisions.

Rod Carnes
Deputy Commissioner for Non-Depository Financial Institutions
Phone: (770) 986-1371

The Department has regulatory and/or licensing authority over state-chartered banks, credit unions, trust companies, mortgage loan originators, mortgage brokers, mortgage lenders, mortgage processors, 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:


Georgia RealEstateRama is an Internet based Real Estate News and Press Release distributor chanel of RealEstateRama for Georgia Real Estate publishing community.

RealEstateRama staff editor manage to selection and verify the real estate news for State of Georgia.


Previous articleSpecialized IDX solution makes finding a Dallas/Fort Worth home incredibly simple on website of Suzette Moore
Next articleUnique Realtor adopts customizable IDX solution for his professional real estate website