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5:27PM

Loan officer issued cease and desist order

In the following press release the Georgia Department of Banking and Finance’s (“Department’s”) Cease and Desist Order issued to loan officer Kellee Harris of Riverdale, Georgia, became final today, May 17, 2007.

Ms. Harris was issued a Cease and Desist Order by the Department for making misrepresentations in loan files submitted to mortgage lenders. Pursuant to state law, the Department may revoke the license of a mortgage broker or lender that employs an individual against whom a final Cease and Desist Order has been issued within the preceding three years if the Order resulted from misrepresentations being made in loan documents.

A copy of the Cease and Desist Order issued to Ms. Harris can be accessed from the DBF’s website by clicking here.

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