Department of Banking and Finance Enters into a Consent Order with Robert Taylor Sewell

September 10, 2014

Atlanta, Georgia - On September 9, 2014, the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Robert Taylor Sewell, mortgage loan originator’s license number 33286, Nationwide Mortgage Licensing System and Registry (“NMLS”) number 96045, located in Wrightsville Beach, North Carolina, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act and agency rules. 

The terms of the Consent Order include:

  • The mortgage loan originator’s license of Robert Taylor Sewell has been surrendered;
  • Robert Taylor Sewell will never apply for a Georgia mortgage loan originator’s license, Georgia mortgage broker’s license or Georgia mortgage lender’s license, either in his individual capacity or as the owner or officer of a corporation, partnership or limited liability company; and
  • Robert Taylor Sewell will never direct the affairs of a Georgia mortgage broker or Georgia mortgage lender or act as a director, officer, partner, equitable owner, or any other equivalent role for a Georgia mortgage broker or Georgia mortgage lender.  Further Robert Taylor Sewell will never act as a branch manager for a Georgia mortgage broker or Georgia mortgage lender.

 

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

 

The Department is the state agency that regulates and examines Georgia state-chartered banks, state-chartered credit unions, and state-chartered trust companies. The Department also has responsibility for the supervision, regulation, and examination of Merchant Acquirer Limited Purpose Banks (MALPBs) chartered in Georgia.  In addition, the Department has regulatory and/or licensing authority over mortgage brokers, lenders and processors, mortgage loan originators, check cashers, seller of payment instruments, money transmitters, international banking organizations, and bank holding companies conducting business in Georgia.

 

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