On September 18, 2014, the Georgia Department of Banking and Finance entered into a Consent Order with Sun West Mortgage Company, Inc., NMLS No. 3277, and its owners Hari S. Agarwal and Pavan Shunker Agarwal.
On October 1, 2014, the Georgia Department of Banking & Finance entered into a Consent Order with Hometown Lenders, LLC, NMLS No. 65084, and its owners, William E. Taylor, Jr., William E. Taylor, Sr. and Byron Heath Quick.
On September 22, 2014, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance to Murad Hashim became final.
- September 2, 2014 to December 31, 2014
The Department of Banking and Finance will begin using the Nationwide Multistate Licensing System (NMLS) on September 2, 2014.
- September 29, 2014 to October 29, 2014
On September 29, 2014, the Department accepted the merchant acquirer limited purpose bank (“MALPB”) charter application from Credorax Bank North America, MALPB (“Credorax”).