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

GBI investigating

Carrollton officer involved in deadly shooting

A Carrollton police officer shot and killed a man who reached for a gun Thursday, according to the Georgia Bureau of Investigation. The GBI ... Read More


SummerGrove BP burglarized

Cash, cigarettes stolen from gas station

The Newnan Police Department is looking for suspects responsible for burglarizing the gas station near the SummerGrove neighborhood. Sometim ... Read More


Summer lunch programs offered for area children

Several programs will be offering free lunches to Coweta children this summer. All children are welcome to get lunches at three Newnan churc ... Read More


Man wanted for assaulting girlfriend

Newnan police are looking for a man suspected of assaulting and choking his girlfriend after celebrating his birthday. About 3:30 a.m. Thurs ... Read More


Times-Herald publisher speaks at Rotary

At Friday’s meeting of the Newnan Rotary Club, John Winters, publisher of The Newnan Times-Herald, spoke to the club’s members a ... Read More

Narcotics confiscated from suspect’s buttocks

A man was arrested Thursday night after investigators with the Newnan Police Department found he was trying to conceal a bag of pills in his ... Read More