Georgia Department of Banking and Finance's Order to Cease and Desist Issued to Shanna Nicole Allen Becomes Final

August 23, 2010


Atlanta, Georgia - On August 19, 2010, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Shanna Nicole Allen, of Carrollton, Georgia, became final.

This Order to Cease and Desist was issued after evidence was obtained that Ms. Allen purposefully fabricated documentation requested by the Department during the review of her application to be a mortgage loan originator.

Pursuant to state law, the Department may revoke the license of a mortgage broker or mortgage lender that employs an individual against whom a final Order to Cease and Desist has been issued within the preceding five years.  

 

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

 

The Department has regulatory and/or licensing authority over state-chartered banks, credit unions, trust companies, mortgage brokers, mortgage lenders, mortgage processors, mortgage loan originators, 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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