Bulletin 3240 - March 27, 2026

The Connecticut Department of Banking entered into Consent Orders with Bay-Valley Mortgage Group and Ho Jin Lim, revoking Bay-Valley's mortgage lender license and barring both entities from acting as mortgage lenders or loan originators in Connecticut for five years due to violations of character and fitness standards. Additionally, LeadPoint, Inc. d/b/a Secure Rights paid a $50,000 civil penalty for operating as an unlicensed lead generator from February 2020 to April 2025. Written comments regarding these applications must be submitted to Banking Commissioner Jorge L. Perez within ten business days of the bulletin's date.

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State of Connecticut
Department of Banking

The Department of Banking News Bulletin

Bulletin # 3240 - Week Ending March 27, 2026

This Bulletin constitutes the only official notification you will receive from this office concerning any of the following applications. Any observations you may have are solicited. Any comments should be directed to Jorge L. Perez, Banking Commissioner. Written comments will be considered only if they are received within ten business days from the date of this bulletin.

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Source: Connecticut Department of Banking — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works