Banking And Finance

Businesses cited for unlicensed mortgage brokering

by The Associated Press

ATLANTA (AP) — The Georgia Department of Banking and Finance has issued cease and desist orders to two metro Atlanta businesses for brokering mortgages without valid licenses.

Officials Thursday issued the orders to Home Service Realty, based in Lawrenceville, and Citywide Financial Group Inc., based in Woodstock. Authorities say the businesses are violating the Georgia Residential Mortgage Act and have 30 days to either show proof of licensing or prove they are exempt from having licenses.

Calls to Home Service Realty and Citywide Financial Group Inc. were not immediately returned. Both businesses are registered with the Georgia Secretary of State.

Rod Carnes, Department of Banking and Finance spokesman, says the department finalized 66 cease and desist orders issued to businesses brokering mortgages without a license in 2012.


More Local

Benghazi

CIA security operator in Newnan for book tour

This week, Cowetans got the opportunity to discuss the 2012 Benghazi attack with a true expert on the subject, one of the private security c ... Read More


‘First Love’ getaway contest

Jackon’s high school ride part of museum exhibit

The Country Music Hall of Fame and Museum’s special exhibition, Alan Jackson: 25 Years of Keepin’ It Country, has been extended ... Read More


Major changes proposed for Xpress Bus routes

Major changes are being proposed to the routes that the Xpress Bus service takes through downtown Atlanta, and bus riders have until Feb. 16 ... Read More


‘Flies at the Well’ to be staged in Michigan

“Flies at the Well,” Jeff Bishop’s play about the 1948 John Wallace murder case, is to be staged in April in Michigan. Joa ... Read More


UPDATE: 20-year-old no longer missing

UPDATE: Ryan White has made contact with his family and is safe, according to Investigator Donnie Payne with the Coweta County Sheriff's Off ... Read More

Mayor's Luncheon

Ga. State professor shares insights on economy

The days of using unemployment rates as an indicator of good economic health are long gone, according to Rajeev Dhawan, director and profess ... Read More