Order to Cease and Desist Against Kalle Kivinen, d/b/a Loan Restructuring Solutions 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 Kalle Kivinen, d/b/a Loan Restructuring Solutions, Chandler, AZ became final.

This Order to Cease and Desist was issued by the Department after it obtained evidence that  Kalle Kivinen, d/b/a Loan Restructuring Solutions, 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