Georgia Department of Banking and Finance's Order to Cease and Desist Issued to DBD Results, LLC dba www.modificationsloan.com dba www.attorneysforeclosure.com Becomes Final

June 13, 2011


Atlanta, Georgia — On June 13, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to DBD Results, LLC dba www.modificationsloan.com dba www.attorneysforeclosure.com located at 7904 E. Chaparraz Road, Suite A110-185, Scottsdale, Arizona 85250 became final.

This Order to Cease and Desist was issued by the Department after it obtained evidence that DBD Results, LLC dba www.modificationsloan.com dba www.attorneysforeclosure.com engaged in residential mortgage brokering activities without a license or under an applicable exemption in violation of O.C.G.A. § 7-1-1002.

Pursuant to Georgia law, it is prohibited for any person to directly or indirectly solicit, process, place, or negotiate mortgage loans for others, or offer to solicit, process, place, or negotiate mortgage loans for others without a mortgage license or pursuant to an exemption from licensure.

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 loan originators, 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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