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Order to Cease and Desist Issued to Barrington Ferguson Becomes Final

Order to Cease and Desist Issued to Barrington Ferguson Becomes Final

September 4, 2008


Atlanta, Georgia   On September 4, 2008,  an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Barrington Ferguson,  Marietta, GA,  became final.

This Order to Cease and Desist was issued by the Department after it obtained evidence that  Barrington Ferguson 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.

 

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

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