News

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

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 - June 24, 2009 - (RealEstateRama) — On June 19, 2009 an Order to Cease and Desist issued by the Georgia Department of Banking and Finance to Janus Mortgage, Inc., Littleton, CO became final.

Atlanta, GE - June 23, 2009 - (RealEstateRama) — The Georgia Department of Banking and Finance (Department) today announced a major agreement with Taylor, Bean & Whitaker Mortgage Corporation (TBW) regarding its mortgage lending practices for so-called “nontraditional” loans made in 2006. This agreement will result in a detailed review of TBW’s nontraditional loan exceptions, the adoption of the federal loan modification program to assist struggling homeowners, and the payment of $9 million to assist the states in their oversight of mortgage origination practices

Atlanta, GA - June 4, 2009 - (RealEstateRama) — On May 28, 2009, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with One World Mortgage Corporation (“One World”), License Number 14483, located at 3039 Premiere Parkway, Suite 100A, Duluth, Georgia 30097, and its president, Alex J. Campos, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act and agency rules.

Atlanta, GE - June 3, 2009 - (RealEstateRama) — On May 10, 2009 an Order to Cease and Desist issued by the Georgia Department of Banking and Finance to Raymond, Louis & Fitch, d/b/a RLF Housing Counseling Community Service, Jacksonville, FL, became final.

WASHINGTON, DC - May 29, 2009 - (RealEstateRama) — The U.S. Department of Housing and Urban Development today announced a commitment to insure a mortgage loan to Wills Memorial Hospital in Washington, Georgia to renovate its 25-bed facility. The $12.7 million loan is made possible through the Federal Housing Administration's Section 242 Hospital Mortgage Insurance Program.

April 21, 2009 - (RealEstateRama) — Certified Staging Professionals (CSP) announces Friday, April 17th that well known Southern-based stager, Melissa Marro is to head Operations and Training for North America. This announcement comes just prior to the 2009 CSP Convention where it will officially launch several new training programs and continuing education classes. While some classes will be exclusive to the CSP designation, many will be available to Stagers and Real Estate, or Real Estate related Professionals of any designation or affiliation.

April 07, 2009 - (RealEstateRama) — Home Staging is the very best proven way to get top dollar for your home as you prepare it for sale. Having your home staged by a Professional Home Stager will aid in selling it faster and for more money! Staging sets the scene throughout the entire house to create immediate buyer interest in your property. This leads to your home selling for the highest possible price in today’s market. Remember, “The way you live in your home, and the way you market and sell your home are two different things.”

The FBI released its 2007 Mortgage Fraud Report and Georgia still ranks in the top 10 states. This is a “brief” overview of what...