Atlanta, Georgia ~ On July 21, 2008, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Maudlyn Zuofa a/k/a “Maudlyn Harris,” “Maudlyn Zuofa Akere,” “Maudlyn Aker,” and “Maudlyn Akarve” of Sugar Hill, Georgia, became final.
This Order to Cease and Desist Order was issued by the Department after evidence was discovered that Maudlyn Zuofa violated a previous Order to Cease and Desist that became final against her under the name of “Maudlyn Harris” on June 27, 2006, for making false statements to the Department. Since June 27, 2006, Ms. Zuofa was found to have engaged in residential mortgage activities while in the employ of North Metro Atlanta Mortgage. By violating the initial Order to Cease and Desist in this manner, Ms. Zuofa conducted mortgage business without a license or under an applicable exception.
Pursuant to state law that was in effect at the time of the violation, it is prohibited for a residential Georgia mortgage licensee to employ a recipient of an Order to Cease and Desist for five years after the order became final if it was issued for engaging in unlicensed activities. Thus, as a result of the finality of this Order to Cease and Desist against Ms. Zuofa, a mortgage broker or lender may not employ her until July 21, 2013, without risking the revocation of its license.
Rod Carnes, Deputy Commissioner for Non-Depository Financial Institutions
Phone: (770) 986-1371