Community Law Center in Georgia Told to Cease Operations

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Georgia’s Department of Banking and Finance has finalized a cease-and-desist order against Doraville, Ga.-based Community Legal Center LLC.

The department says it has evidence that Community Legal Center was brokering mortgages and originations without a license or proper exemption.

According to its web page, Community Legal Center offers a wide range of commercial and civil legal services, though it features assistance with “real estate and commercial transactions” under main areas of legal practice.

The cease-and-desist order applies only to any mortgage-related activities. Georgia allows attorneys licensed in the state to negotiate mortgage terms only if the negotiation is part of a separate legal case or matter that the attorney represents the client in, not as a primary service.

National Mortgage News sought Community Legal Center’s comment by phone but the center’s publicly listed number is not currently in service.

Article source: http://www.nationalmortgagenews.com/news/compliance/community-law-center-in-georgia-told-to-cease-operations-1043444-1.html

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