The Georgia Department of Banking and Finance early this week slapped Kondaur Capital, Orange, Calif., with a final consent order, prohibiting it from lending or buying any loans in the state.

According to a statement released by the DBF, Kondaur – an investor in nonperforming mortgages and a servicer -- was originally slapped with a cease and desist order in April 2009 after being accused of operating in Georgia without a license.

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