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

Paramount Hospitality wins 2015 Small Business Award

Paramount Hospitality won the overall 2015 Small Business of the Year Award from the Newnan-Coweta Chamber of Commerce. Besides the overall ... Read More


Man accused of raping teenager

A 26-year-old man suspected of raping a teenage girl was arrested Aug. 14 following an investigation by the Newnan Police Department. The 16 ... Read More


Gas station robbed

Newnan police are on the lookout for a man who robbed the Marathon Gas Station on Hwy 34 early Friday. Around 6:50 a.m., a male wearing a ba ... Read More


Safes stolen in Ashley Park burglary

Two safes were stolen from an Ashley Park office following a pre-dawn burglary on Friday. At 2:58 a.m., officers responded to Ashley Furnitu ... Read More


Three Rivers at odds over quorum issues

The Three Rivers Regional Council has a problem – an attendance problem. The board – comprised of appointed and elected communit ... Read More

County launches text-911 service

Beginning Sept. 1, most citizens in Coweta County will be able to send a short message service (SMS) or text message to 911 for emergency he ... Read More