Order To Cease And Desist Issued To Kingdom Mortgage, LLC, Stockbridge, GA Becomes Final

February 20, 2008

Atlanta, Georgia —   On February 18, 2008,  an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to  Kingdom Mortgage LLC,  Stockbridge, GA became final.

This Order to Cease and Desist was issued by the Department after it obtained evidence that  Kingdom Mortgage LLC, 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.

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