Regulatory Alerts2022-03-04
Added · Updated
Consent Order Regarding HomeTown Lending Partners, LLC
HomeTown Lending Partners, LLC must pay a $500 civil penalty to the Connecticut Department of Banking for failing to file a change of address with the NMLS and provide a corresponding surety bond rider at least thirty days prior to the move. The consent order resolves the enforcement action regarding this violation, provided HomeTown complies with the payment and disclosure requirements. The entity is required to disclose the order on NMLS and update internal controls to ensure future address changes are reported timely.
Topics
Share