Georgia Department of Banking and Finance’s Order to Cease and Desist Issued...

Georgia Department of Banking and Finance’s Order to Cease and Desist Issued to Xcelerated Financial Solutions, LLC fka Georgia Foreclosure Center Becomes Final

Atlanta, GA – June 2, 2011 – (RealEstateRama) — On May 31, 2011, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (“Department”) to Xcelerated Financial Solutions, LLC fka Georgia Foreclosure Center fka Foreclosure Crisis Center, LLC located at 6505 Shiloh Road, Suite 301, Alpharetta, Georgia 30005 became final.This Order to Cease and Desist was issued by the Department after it obtained evidence that Xcelerated Financial Solutions, LLC fka Georgia Foreclosure Center fka Foreclosure Crisis Center, LLC engaged in residential mortgage brokering activities without a license or under an applicable exemption in violation of O.C.G.A. § 7-1-1002.

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