Regulatory Alerts2025-09-26
Added · Updated
Bulletin 3214 - September 26, 2025
Effective October 1, 2025, licensed Connecticut mortgage lenders must register as exempt mortgage servicers via the NMLS and file surety bonds electronically. The Department granted a no-action position for lenders filing applications by November 1, 2025, to allow time for compliance. Additionally, Legal Funding, LLC agreed to maintain a $50,000 restitution fund and withdraw its appeal, while Coinme Inc. paid a $10,000 civil penalty and agreed to make restitution to four consumers.
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