Regulatory Alerts2019-07-26
Added · Updated
Consent Order Regarding Ruoff Mortgage Company, Inc. d/b/a Ruoff Home Mortgage
Ruoff Mortgage Company, Inc. must pay a $500 civil penalty and submit a surety bond rider reflecting its new name to the Connecticut Banking Commissioner. This settlement resolves allegations that the licensee failed to file a fictitious name change with the Nationwide Multistate Licensing System and Registry thirty days prior to the change and failed to provide the required bond endorsement. The order becomes final upon issuance and prohibits Ruoff Mortgage from denying the allegations or creating the impression that the order lacks a factual basis.
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