Gateway problems in Georgia did not directly involve Kevin Stitt, lawyer says
By Randy Krehbiel, Tulsa World
Oklahoma Republican gubernatorial candidate Kevin Stitt had no direct role in actions that led to a 2009 consent agreement barring Stitt and his company, Gateway Mortgage Group, from doing business in Georgia, according to Gateway General Counsel Scott Gesell.
The ban on Gateway was permanent, while Stitt agreed not to do business in Georgia for five years.
“There were no findings that involved Kevin,” Gesell said. “He’s free to do business there now.”
Stitt started Jenks-based Gateway Mortgage in 2000.
Gesell said the Georgia Department of Banking found several violations of state law in a routine 2008 examination. The violations were by staff in the Georgia office, and primarily involved noncompliant background checks and “misrepresentations” of whether the houses being mortgaged would be owner-occupied.