FOR IMMEDIATE RELEASE	Wednesday, October 7, 2009

Georgia Department of Banking and Finance Enters into a Consent Order with Alan Grier

Atlanta, Georgia ~ On October 5, 2009, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Alan Grier of Atlanta, Georgia, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act.

Included among the terms set forth in the Consent Order is a provision that requires Alan Grier to attend a 4-hour Department-approved education course in mortgage fraud within a 60-day period. The Consent Order also calls for Alan Grier to notify the Department over a 5-year period of the names and addresses of any Georgia residential mortgage licensees for whom he works.

Contact: 
Rod Carnes, Deputy Commissioner for Non-Depository Financial Institutions
Phone: (770) 986-1371
E-mail: rodc@dbf.state.ga.us

The Department has regulatory and/or licensing authority over state-chartered banks, credit unions, trust companies, mortgage brokers, mortgage lenders, mortgage processors, check cashers, sale of check companies, money transmitters, international banking organizations, and bank holding companies conducting business in Georgia.  Visit us on the Web at: http://dbf.georgia.gov/

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