Bulletin 3240 - March 27, 2026

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.

CONSUMER CREDIT ACTIVITY

Bay-Valley Mortgage Group d/b/a Bay-Valley Mortgage Group, Inc. d/b/a Pacific Bay Lending Group, d/b/a Valley View Home Loans

On March 25, 2026, the Commissioner entered into a Consent Order with Bay-Valley Mortgage Group d/b/a Bay-Valley Mortgage Group, Inc. d/b/a Pacific Bay Lending Group d/b/a Valley View Home Loans (NMLS # 192103), (“Bay-Valley”), La Mirada, California. The Consent Order was based on an investigation by the Consumer Credit Division which stemmed from findings by the State Regulatory Registry LLC that Bay-Valley’s control persons violated the Nationwide Multistate Licensing System and Registry Rules of Conduct for Education Students As result of such investigation, the Commissioner was unable to find that the control persons of Bay-Valley have demonstrated the requisite character and general fitness such as to command the confidence of the community and to warrant a determination that Bay-Valley will operate honestly, fairly and efficiently within the purposes of Sections 36a-485 to 36a-498e, inclusive, 36a-498h, 36a-534a and 36a-534b of the Connecticut General Statutes, as required pursuant to Section 36a 489(a)(1) of the Connecticut General Statutes. As part of the Consent Order, Bay-Valley’s mortgage lender license in Connecticut was summarily revoked, and Bay-Valley was barred from acting directly or indirectly, as a mortgage lender, mortgage correspondent lender, mortgage broker, or lead generator in Connecticut for a period of five (5) years.

Ho Jin Lim

On March 25, 2026, the Commissioner entered into a Consent Order with Ho Jin Lim (NMLS # 1197908), (“Lim”), La Mirada, California. The Consent Order was based on an investigation by the Consumer Credit Division which stemmed from findings by the State Regulatory Registry LLC that Lim violated the Nationwide Multistate Licensing System and Registry Rules of Conduct for Education Students. As result of such investigation, the Commissioner was unable to find that Lim (1) has demonstrated the requisite character and general fitness such as to command the confidence of the community and to warrant a determination that Lim will operate honestly, fairly and efficiently within the purposes of Sections 36a-485 to 36a-498e, inclusive, 36a-498h, 36a-534a and 36a 534b of the Connecticut General Statutes, as required pursuant to Section 36a 489(b)(1)(C) of the Connecticut General Statutes; and (2) has met the minimum standards of continued licensure pursuant to Section 36a-489(b)(2)(A) of the Connecticut General Statutes. As part of the Consent Order, Lim was barred from acting, directly or indirectly, as a mortgage loan originator in Connecticut for a period of five (5) years.

LeadPoint, Inc. d/b/a Secure Rights

On March 26, 2026, the Commissioner entered into a Consent Order with LeadPoint, Inc. d/b/a Secure Rights (NMLS # 3175), (“LeadPoint”), Los Angeles, California. The Consent Order was based on an investigation by the Consumer Credit Division which stemmed from the routine examination of a licensee. As result of such investigation, the Commissioner alleged that LeadPoint acted as a lead generator in this state without the required license from at least February 2020 to April 2025, in violation of Section 36a-486(b)(5) of the Connecticut General Statutes, in effect at such time, and a previous 2020 Consent Order. As part of the Consent Order, LeadPoint paid $50,000 as a civil penalty.

Dated: Tuesday, March 31, 2026

Jorge L. Perez
Banking Commissioner