Order to Cease and Desist Against Atlanta Loan Modifications, Inc., Alpharetta, GA Becomes Final

April 28, 2009


Atlanta, Georgia —   On April 23, 2009  an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Atlanta Loan Modifications, Inc., Alpharetta, GA became final.

This Order to Cease and Desist was issued by the Department after it obtained evidence that  Atlanta Loan Modifications, Inc., 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