On April 14, 2009, the Georgia Department of Banking and Finance announced that it has entered into a Consent Order with Oluwole “Joseph” Ojeikere of Lawrenceville, Georgia, to resolve allegations pertaining to a violation of the Georgia Residential Mortgage Act.
The terms of the Consent Order include the following:
- Mr. Ojeikere is prohibited from directing the affairs of a Georgia mortgage broker or Georgia mortgage lender or from acting as a director, officer, partner, branch manager, agent, employee, equitable owner or any other equivalent role for a Georgia mortgage broker or Georgia mortgage lender for eighteen (18) months from the date of entry of the Consent Order
- Mr. Ojeikere is prohibited from applying for a Georgia mortgage broker’s or Georgia mortgage lender’s license, either in her individual capacity or as the owner or officer of a corporation, partnership, or limited liability company for eighteen (18) months from the date of entry of the Consent Order
- Mr. Ojeikere shall attend in-person and complete at least four (4) hours of continuing mortgage education on the subject matter of fraud.