Department Enters into a Consent Order with Complete Choice Financial Solutions, LLC and its Owner, DaVida Roberts

April 29, 2009


Atlanta, Georgia ~ On April 28, 2009, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Complete Choice Financial Solutions, LLC, License Number 18535, Lithonia, Georgia and its owner, DaVida Roberts, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act and agency rules. 

The terms of the Consent Order are as follows:

  • The revocation of Complete Choice Financial Solutions, LLC mortgage broker’s license is effective as of April 28, 2009. Complete Choice Financial Solutions, LLC can never apply to the Department for another license to be a mortgage broker or mortgage lender;
     
  • The Department rescinds the Cease and Desist Order issued to DaVida Roberts on February 12, 2009;
     
  • DaVida Roberts shall complete a 4-hour educational course in Mortgage Fraud within 60 days of the entry of the Consent Order;
     
  • For a five-year period, DaVida Roberts can only be affiliated with a Georgia mortgage broker or Georgia mortgage lender as an employee and is prohibited from applying for a mortgage broker’s or lender’s license. During this same time frame, Ms. Roberts may not serve as a branch manager or direct the affairs or act as a director, officer, partner, equitable owner, or any other equivalent role of a Georgia mortgage broker or Georgia mortgage lender; and,
     
  • A contribution shall be made by Complete Choice Financial Solutions, LLC to the State Regulatory Registry, LLC to support the Nationwide Mortgage Licensing System.

 

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/

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Related Files: 
PDF icon Consent Order (1.4 MB)