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Old 05-04-2009, 12:15 AM
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Default Georgia DBF issues Cease and Desist orders to two loan modification companies

The Georgia Department of Banking and Finance has issued Cease and Desist order to two seperate unlicensed loan modification companies.
1. On April 23, 2009 an To view links in this forum your post count must be 10 or greater. Your post count is 0 momentarily. and Desist issued by the Georgia Department of Banking and Finance to Kalle Kivinen, d/b/a Loan Restructuring Solutions, Chandler, AZ became final. [To view links in this forum your post count must be 10 or greater. Your post count is 0 momentarily.]

This Order to Cease and Desist was issued by the Department after it obtained evidence that Kalle Kivinen, d/b/a Loan Restructuring Solutions, engaged in mortgage broker/lending activities without a license or under an applicable exemption.
Pursuant to Georgia law, it is prohibited for any person knowingly to purchase, sell, or transfer a mortgage loan or loan application from or to an entity that is not licensed or exempt from licensing or registration provisions to engage in mortgage broker/lender activities.
2. On April 23, 2009 an To view links in this forum your post count must be 10 or greater. Your post count is 0 momentarily. issued by the Georgia Department of Banking and Finance to Atlanta Loan Modifications, Inc., Alpharetta, GA became final. [To view links in this forum your post count must be 10 or greater. Your post count is 0 momentarily.]

This Order to Cease and Desist was issued by the Department after it obtained evidence that Atlanta Loan Modifications, Inc., engaged in mortgage broker/lending activities without a license or under an applicable exemption.
Pursuant to Georgia law, it is prohibited for any person knowingly to purchase, sell, or transfer a mortgage loan or loan application from or to an entity that is not licensed or exempt from licensing or registration provisions to engage in mortgage broker/lender activities.


To view links in this forum your post count must be 10 or greater. Your post count is 0 momentarily. - To view links in this forum your post count must be 10 or greater. Your post count is 0 momentarily. - To view links in this forum your post count must be 10 or greater. Your post count is 0 momentarily. - To view links in this forum your post count must be 10 or greater. Your post count is 0 momentarily. - To view links in this forum your post count must be 10 or greater. Your post count is 0 momentarily.
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