Regulatory Alerts2025-03-11
Notice to Answer and Order to Show Cause Regarding Daniel Boyle
The Pennsylvania Department of Banking and Securities issued an Order to Show Cause against Daniel Boyle for allegedly engaging in the unlicensed mortgage loan business in violation of the Mortgage Licensing Act. The regulator alleges Boyle originated at least 222 mortgages in Dauphin County between 2009 and 2023 without holding the required license and subsequently refused to comply with a document subpoena. Boyle is notified of his right to file a written Answer within 30 days to request a hearing before the Banking and Securities Commission to challenge these allegations and potential sanctions.
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