Georgia Department of Banking and Finance Enters into Consent Order with Nationwide BiWeekly Administration, Inc.

January 3, 2013


Atlanta, Georgia - On December 28, 2012, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Nationwide BiWeekly Administration, Inc., (“Nationwide”) License Number 35655, located at 855 Lower Bellbrook Road, Xenia, Ohio 45385 to resolve violations of the Georgia Residential Mortgage Act.

The terms of the Consent Order include the following:

Nationwide’s advertisements soliciting Georgia consumers shall comply with the requirements of O.C.G.A. § 7-1-1016;

Nationwide shall report in writing to the Department any administrative, civil, or criminal action initiated against the licensee, registrant or any of its control persons by any government entity;

Nationwide shall pay fines to the Department in the amount of $1,500.00; and

Nationwide shall contribute $1,000.00 to the State Regulatory Registry.


Rod Carnes
Deputy Commissioner for Non-Depository Financial Institutions
Phone: (770) 986-1371

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: