Georgia Department of Banking and Finance Enforces Mortgage Loan Originator Licensing Requirement; Order to Cease and Desist Issued to Charles Lee Carter aka Bo Carter Becomes Final

Atlanta, GA – May 13, 2011 – (RealEstateRama) — On May 10, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Charles Lee Carter aka Bo Carter (NMLS# 204264) of Bogart, Georgia became final.This Order to Cease and Desist was issued by the Department after it obtained evidence that Charles Lee Carter aka Bo Carter engaged in mortgage loan origination activities without a license or under an applicable exemption in violation of O.C.G.A. § 7-1-1002 despite the Final Order of Denial entered by the Department of his mortgage loan originator license application on July 1, 2010.