Atlanta, Georgia ~ On February 1, 2009, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Betty Ann Duff of Gainesville, Georgia, to resolve allegations pertaining to a violation of the Georgia Residential Mortgage Act.
The terms of the Consent Order include the following:
- Betty Ann Duff is prohibited from directing the affairs of a Georgia mortgage broker or Georgia mortgage lender or from acting as a director, officer, partner, branch manager, agent, employee, equitable owner or any other equivalent role for a Georgia mortgage broker or Georgia mortgage lender for three (3) years from the date of entry of the Consent Order; and,
- Betty Ann Duff is prohibited from applying for a Georgia mortgage broker’s or Georgia mortgage lender’s license, either in her individual capacity or as the owner or officer of a corporation, partnership, or limited liability company for three (3) years from the date of entry of the Consent Order.
Rod Carnes, Deputy Commissioner for Non-Depository Financial Institutions
Phone: (770) 986-1371