Regulatory Alerts2014-07-18
Added · Updated
Bulletin 2630 - July 18, 2014
The Connecticut Department of Banking lists branch applications, consolidations, and closures for Liberty Bank and United Bank, requiring public comment within ten days. The Commissioner revoked the license of NCC Recovery, Inc. for failing to maintain a required surety bond and ordered it to cease operations. Consent orders were entered against Norcom Mortgage for a $6,000 penalty regarding unlicensed mortgage loan originators and against Residential Mortgage Services for a $500 penalty for failing to update its NMLS address. Syndicated Capital, Inc. was fined $10,000 for supervisory violations related to a barred agent's misconduct, though the firm had already reimbursed affected investors.
Topics
Share