Archives

December 6, 2011 - (RealEstateRama) -- A Putnam County Superior Court judge has ruled that Roy Embry and Rhonda Tuttle, both of Eatonton, Georgia, violated Georgia’s Fair Housing Act (GFHA) by refusing to rent to an interracial couple.

Atlanta, GA - November 16, 2011 - (RealEstateRama) -- With nighttime lows beginning to drop below freezing, Insurance and Safety Fire Commissioner Ralph T. Hudgens wants to remind Georgians of some heating tips to help keep their homes safe this winter. “Unfortunately, the number of home fires tends to go up as the temperature drops,” Hudgens said. “So, while you’re keeping warm, please also keep fire safety in mind.”

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.

Washington, DC - October 25, 2011 - (RealEstateRama) -- This column was submitted to the National Newspaper Association The national unemployment rate is around nine percent and over ten percent in my home state of Georgia. With so many people looking for work, it is no wonder the housing crisis continues to harm more and more Americans. Georgia ranks fourth in home foreclosures and first in bank failures. Around twelve percent of mortgages in my congressional district (Georgia-13) are considered over 90 days delinquent. The foreclosure rate in my district currently stands at around four percent, which is higher than the national rate. Every county in my district is listed in the top ten foreclosure areas in Georgia. These statistics are particularly troubling since they simply are not improving, despite my efforts and the efforts of my staff who are working with those in danger of losing their homes

WASHINGTON, DC - October 4, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to St. Francis Hospital in Columbus, Georgia. The $210 million loan is made possible through the Federal Housing Administration's (FHA) Section 242 Hospital Mortgage Insurance Program.

Atlanta, GA - September 19, 2011 - (RealEstateRama) -- Mark Spain and the real estate team with his namesake were named one of America’s top real estate team by The Wall Street Journal and REAL Trends. The Mark Spain Team was #32 nationally for most transaction sides and #72 for sales volume.

Atlanta, GA - September 1, 2011 - (RealEstateRama) -- On August 29, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Quest Capital Management, Inc. dba National Home Buyer's Alliance dba www.nhba.biz located at 15482 College Boulevard, Lenexa, Kansas 66219 became final.This Order to Cease and Desist was issued by the Department after it obtained evidence that Quest Capital Management, Inc. dba National Home Buyer's Alliance dba www.nhba.biz engaged in residential mortgage brokering activities without a license or under an applicable exemption in violation of O.C.G.A. § 7-1-1002.

Atlanta, GA - August 17, 2011 - (RealEstateRama) -- On August 16, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Mortgage Foreclosure Experts, LLC dba www.mortgageforeclosureexperts.org located at 1950 Old Cuthbert Road, Suite 1, Cherry Hill, New Jersey 08034 became final.

August 11, 2011 - (RealEstateRama) -- Music producer and top recording artist, Ne-Yo and his fiancé, who are expecting their second child, are the newest residents of a prominent Alpharetta Golf Community. The couple recently closed on the European-style home listed by Harry Norman, REALTORS Alex McGraw and Annemarie Russo.

Atlanta, GA - July 26, 2011 - (RealEstateRama) -- On July 21, 2011, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Cornerstone Mortgage Company dba Brayden Capital Home Loans (“Cornerstone Mortgage”), License Number 21877, Nationwide Mortgage Licensing System Number 2258, located at 1177 West Loop South, Suite 200, Houston, Texas 77027, and its officers, Marcus Laird and Judith Belanger, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act and agency rules.The terms of the Cornerstone Mortgage Consent Order include the following:

Atlanta, GA - July 18, 2011 - (RealEstateRama) -- Home buyers across Georgia may have reduced access to mortgage funds this fall if Congress decides to reduce current Federal Housing Administration loan limits. That’s just one of the many issues the National Association of Realtors® wants Atlanta residents to know about as the Home Ownership Matters Bus Tour pulls into town this weekend.

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.

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.