Atlanta, Georgia ~ On June 3, 2009, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Ahmad M. Alhabbal a/k/a Mark Habbal of Money Source, Inc., in Marietta, Georgia, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act.
Included among the terms of the Consent Order are a provision that calls for Ahmad M. Alhabbal a/k/a Mark Habbal to notify the Department over a 5-year period of the names and addresses of any Georgia residential mortgage licensees for whom he works. The Consent Order also requires Ahmad M. Alhabbal a/k/a Mark Habbal to attend a 4-hour Department-approved education course in mortgage fraud within a 60-day period.
Deputy Commissioner for Non-Depository Financial Institutions
Phone: (770) 986-1371
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/