Georgia Relaxes Felony Ban for DBF Licenses - Weiner Brodsky Kider PC
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Georgia Relaxes Felony Ban for DBF Licenses - Weiner Brodsky Kider PC
The Georgia legislature has revisited the state’s broad ban on regulated entities employing individuals with felony convictions, giving the Division of Banking and Finance (DBF) the authority to issue an MLO license to an individual with a felony conviction and to permit a mortgage lender or mortgage broker to obtain or retain a license while employing a covered employee who has a felony conviction, as long as the conviction at issue is more tha…
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