Index: OFR 2026 - 250 I' 00CK£TEO , STATE OF FLORIDA ( ~ /14/2026 ,_ LEGAL OFFICE OF FINANCIAL REGULATION In Re: SHABBER RAHMAN Case Number: 104876 d/b/a STATE STREET HOME LOANS, Respondent. FINAL ORDER The State of Florida, Office of Financial Regulation ("Office"), being authorized and directed to administer and enforce chapter 687, Florida Statutes, hereby enters this Final Order with Notice of Rights ("Final Order") as authorized by the provisions of chapters 120 and 687, Florida Statutes, against SHABBER RAHMAN d/b/a STATE STREET HOME LOANS ("Respondent"). FINDINGS OF FACT

1. The Office has jurisdiction over the subject matter of this case and the parties hereto.

2. At no time has Respondent ever been licensed or registered in Florida with the Office.

3. The Office conducted an investigation (No. 98387) to ascertain Respondent's compliance with chapter 687, Florida Statutes, and found that grounds existed to initiate a legal action. On March 4, 2026, the Office issued an Administrative Complaint ("Complaint") (Exhibit A) seeking to impose an administrative fine of $25,000 on Respondent, along with an order to cease and desist from violations of chapter 687, Florida Statutes.

4. Respondent was served the Complaint via U.S. Certified Mail on March 16, 2026, (Exhibit B). A response was due no later than Tuesday, April 6, 2026.

5. The Complaint contained a Notice of Rights, which fully advised Respondent that he had twenty-one (21) days after the receipt of the Complaint within which to petition the Office for an administrative hearing to contest the allegation set forth in the Complaint, in accordance with sections 120.59 and 120.57, Florida Statutes, including the following information: TO PRESERVE THE RIGHT TO A HEARING, A WRITTEN RESPONSE MUST BE FILED WITH THE OFFICE OF FINANCIAL REGULATION WITHIN TWENTY-ONE (21) DAYS AFTER THE RECEIPT OF THE ADMINISTRATIVE COMPLAINT. SAID RESPONSE MUST BE RECEIVED BY THE OFFICE NO LATER THAN 5 :00 P .M. ON THE TWENTY-FIRST DAY AFTER THE RECEIPT OF THE ADMINISTRATIVE COMPLAINT. A FAILURE TO TIMELY RESPOND IN WRITING WILL CONSTITUTE A WAIVER OF THE RESPONDENT'S RIGHT TO REQUEST A HEARING AND A FINAL ORDER MAY BE ENTERED WITHOUT FURTHER NOTICE.

6. To date, the Office has neither received a written response to the Complaint nor has Respondent made a claim of equitable tolling.

7. The Findings of Fact alleged in the Complaint are hereby incorporated by reference and adopted as Findings of Fact in this Final Order. CONCLUSIONS OF LAW

8. Pursuant to sections 494.0011 and 494.0012, Florida Statutes, the Office is charged with administering and enforcing the provisions of chapter 494, Florida Statutes, and conducting examinations and investigations to determine whether any provision of chapter 494, Florida Statutes, has been violated. Thereby, the Office has jurisdiction over the subject matter of this case and of the parties hereto.

9. The Findings of Fact herein serve as the basis of the entry of this Final Order against Respondent. 2

10. Section 120.569(2)(a), Florida Statutes, and Rule 28-106.111(2), Florida Administrative Code, require, among other things, that a response or a petition to an action which affects the substantial interests of a party be filed with the agency within 21 days of receipt of written notice of the action. 1 1 . Pursuant to Rule 28-106.111 ( 4 ), Florida Administrative Code, the failure of Respondent to timely respond to the Complaint constitutes a waiver of Respondent's right to an administrative proceeding.

11. In Florida, the doctrine of equitable tolling can be applied in administrative cases when a party has been misled or lulled into inaction, i.e., has in some extraordinary way, been prevented from asserting his rights, or has timely asserted his rights in the wrong forum. Machules, v. Department of Admin., 523 So. 2d 1132 (Florida 1988).

12. Without any evidence of equitable tolling, it is appropriate for the Office to conclude there was none. Patz v. Dept. of Health, 864 So.2d 79, 80 (Fla. 3d DCA 2003).

13. Respondent failed to submit a response to the Complaint and failed to present a claim of equitable tolling, or any evidence thereof. Therefore, it is appropriate for the Office to conclude that Respondent waived his right to an administrative proceeding and there has been no equitable tolling here.

14. The Findings of Fact and Conclusions of Law that form the basis for the Complaint, together with Respondent's waiver of the right to an administrative hearing and the evident unavailability of equitable tolling as a defense, constitute grounds for the Office to impose an administrative fine against Respondent. 3

Based on the foregoing Findings of Fact and Conclusions of Law, it is hereby ORDERED: A. Within thirty (30) days of the date of this Final Order, Respondent shall pay an ADMINISTRATIVE FINE of Twenty-Five Thousand Dollars ($25,000.00). B. Respondent shall submit the administrative fine in the form of a money order, cashier's check, or wire transfer made payable to the "OFFICE OF FINANCIAL REGULATION." Such payment shall reference Case Number 104876 and shall be sent to the attention of the Agency Clerk, c/o George Bedell, Post Office Box 8050, Tallahassee, Florida 32314-8050. C. Respondent shall CEASE AND DESIST from violations of chapter 687, Florida Statutes. DONE and ORDERED this /L[fk day of May, 2026, in Tallahassee, Leon County, Florida. {this section intentionally left blank, followed by signatures on next page] 4

NOTICE OF RIGHTS A PARTY WHO IS ADVERSELY AFFECTED BY THIS FINAL ORDER IS ENTITLED TO JUDICIAL REVIEW PURSUANT TO SECTION 120.68, FLORIDA STATUTES. REVIEW PROCEEDINGS ARE GOVERNED BY THE FLORIDA RULES OF APPELLATE PROCEDURE. SUCH PROCEEDINGS ARE COMMENCED BY FILING THE ORIGINAL NOTICE OF APPEAL WITH THE AGENCY CLERK FOR THE OFFICE OF FINANCIAL REGULATION AS FOLLOWS: By Mail, Facsimile or Email Agency Clerk Office of Financial Regulation Office of General Counsel P.O. Box 8050 Tallahassee, FL 323 I 4-8050 Phone: (850) 410-9889 Fax: (850) 410-9663 Email: Agency.Clerk@flofr.gov OR By Hand Delivery Agency Clerk Office of Financial Regulation Office of General Counsel The Fletcher Building 10 I East Gaines Street Tallahassee, FL 32399 Phone: (850) 410-9889 A COPY OF THE NOTICE OF APPEAL, ACCOMPANIED BY THE FILING FEES AS REQUIRED BY LAW, MUST ALSO BE FILED WITH THE DISTRICT COURT OF APPEAL, FIRST DISTRICT, 2000 DRAYTON DRIVE, TALLAHASSEE, FLORIDA 32399-0950, OR WITH THE DISTRICT COURT OF APPEAL IN THE APPELLATE DISTRICT WHERE THE PARTY RESIDES. THE NOTICE OF APPEAL MUST BE FILED WITH BOTH THE AGENCY CLERK FOR THE OFFICE OF FINANCIAL REGULATION AND THE DISTRICT COURT OF APPEAL WITHIN 30 DAYS OF THE RENDITION OF THE ORDER TO BE REVIEWED. 5

CERTIFICATE OF SERVICE I HEREBY CERTIFY that a true and correct copy of the foregoing Final Order has been furnished via U.S. certified mail to Respondent Shabber Rahman d/b/a State Street Home Loans, at 3950 Laurel Canyon Boulevard, Apartment 50165, Studio City, California 91604, on this • :rlA. f ""4= day of May, 2026. 9489 □□ □ 0027 6620 8137 74 6 • n • I Regulation B 8050 Tallah s . , FL 32314-8050 Email: Agency.Clerk@flofr.gov Tel: (850) 410-9889

Floridc:1 Office of Finan {tal Reguldtion 200 East Gaines Street I Tallahassee, Florida 323~'$-0370 RETURN SERVICE REQUESTED t!!l ~ -

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/iJJf;:1;%t;::;iiE, CERTIFIED MAIL 0 - - - - - - 9489 1111111 □□ □ □□ 27 1 662 I U □ 81S3 I 11 41 1 ~ State Street Home Loans Attn: Shabber Rahman 3950 Laurel Canyon ·Boulevard, Apartment 50165 Studio City, California 91604 ~ ~ =- -· ="' -· fllll,,

STATE OF FLORIDA OFFICE OF FINANCIAL REGULATION In Re: SHABBER RAHMAN Case Number: 104876 d/b/a STATE STREET HOME LOANS, Respondent. ADMINISTRATIVE COMPLAINT The State of Florida, Office of Financial Regulation (the "Office"), hereby notifies SHABBER RAHMAN d/b/a STATE STREET HOME LOANS ("Rahman" or "Respondent") that, as a result of an investigation of Rahman's activities, the Office alleges as follows:

1. Pursuant to section 687.148(1), Florida Statutes, the Office is responsible for the administration and enforcement of chapter 68 7, Florida Statutes, and its related rules.
2. Pursuant to section 687.143(1), Florida Statutes, the Office may investigate the actions of any person to determine compliance with chapter 687, Florida Statutes, and its related rules.
3. Pursuant to sections 687 .14( 4 )(a), ( 4 )(b) and ( 4 )( d), Florida Statutes, a "loan broker" is defined to include, with limited exceptions, any person who: 1) arranges or attempts to arrange or offers to fund a loan of money or line of credit, for actual or expected consideration; 2) assists or advises a borrower in obtaining or attempting to obtain a loan of money, or a line of credit, or related guarantee, enhancement, or collateral of any kind or nature, for actual or expected consideration; 3) acts for or on behalf of a loan broker for the purpose of soliciting borrowers; or

4. any person who holds himself out to the public as a loan broker.

4. Pursuant to section 1.01 (3), Florida Statutes, the word "person" as that tennis used, e.g., in section 687.14(4), Florida Statutes, is defined broadly to include, among other things,

individuals, firms, associations, joint adventures, partnerships, syndicates, fiduciaries, corporations, and all other groups or combinations. 5. Pursuant to section 687.141(1), Florida Statutes, a loan broker shall not assess or collect an advance fee from a borrower to provide services as a loan broker. 6. Pursuant to section 687.14(1), Florida Statutes, an "advance fee" is defined to include any consideration that a loan broker either assesses or collects at any time prior to the closing of a loan. 7. Pursuant to section 687.143(2), Florida Statutes, the Office may impose a cease￾and-desist order upon its determination that a loan broker has violated, or is violating, or will violate any provision of chapter 687, Florida Statutes, or its related rules. Moreover, the Office may impose and collect an administrative fine ofup to $5,000.00 per violation against any person found to have violated any provision of chapter 687, Florida Statutes, or its related rules. §687.143(3), Fla. Stat. (2025). 8. In addition to any administrative penalties that the Office is authorized to impose on a person who violates any provision of chapter 687, Florida Statutes, such a violation also constitutes a third-degree felony for which the person faces criminal penalties as provided in sections 775.082, 775.083, or 775.084, Florida Statutes. §687.146, Fla. Stat (2025). 9. At all times material hereto, a California resident known as Rahman represented himself to consumers online as a loan broker through his Linked.In profile, which identified his location as "Studio City, California" and stated as follows: " ... [W]e can provide loan amounts 150k and Higher [to consumers seeking mortgage refinancing transactions] in 48 states excluding CA and New York." [Emphasis added.] 2

10. Further, at all times material hereto, Rahman held himself out as a principal of various entities including, but not limited to, State Street Home Loans ("State Street").

11. While State Street's state of incorporation or registration, if any, is not known to the Office, at all times material hereto State Street - like Rahman - was purportedly based in Studio City, California During this period, State Street is believed to have had an office located at 12400 Ventura Boulevard, Suite 210, Studio City, California 91604.

12. At all times material hereto, the account name for business checking account number 372010899 at JP Morgan Chase Bank ("JP Morgan account ending in 0899") was "Shabber Rahman DBA The State Street Home Loan and Advisory," with the nickname "State Street." This account remained open from January 24 through November 22, 2019.

13. At all times material hereto, the account name for business checking account number 325123235259 at Bank of America ("BOA account ending in 5259") was "Shabber Rahman Sole Prop DBA The State Street Home Loan and Advisory," with the nickname '"State Street." This account remained open from March 18, 2019 through March 2, 2020.

14. Rahman was listed as the sole signatory on the account documentation for both the JP Morgan Chase account ending in 0899 and the BOA account ending in 5259. Moreover, the same physical address was provided to both banks - 3950 Laurel Canyon Boulevard, Apartment 50165, Studio City, California 91604.

15. At all times material hereto, an individual calling himself "Scott Murphy" (referred to herein as "Murphy") represented himself to Florida consumers as a loan broker for "State Street Home Loans" both by phone and through email communications. "Murphy's" emails to Florida consumers listed his purported title as "Sr. Home Loan Adviser II" and contained a link to the State Street website: www.StateStreetHomeLoans.com. 3

16. At all times material hereto, an individual calling himself "John C. Davies" (referred to herein as "Davies") represented himself to Florida consumers as a loan broker for "State Street Home Loans" both by phone and through email communications. "Davies's" emails to Florida consumers listed his purported title as "Mortgage Professional" and, like "Murphy's" emails, also contained a link to the State Street website: www.StateStreetHomeLoans.com.

17. At all times material hereto, an individual calling himself "Kevin Baker" ( referred to herein as "Baker") represented himself to Florida consumers as a loan broker for "State Street Home Loans" both by phone and through email communications. "Baker's" emails to Florida consumers listed his purported title as "Senior Mortgage Professional II" and, like "Murphy's" and "Davies"' emails, also contained a link to the State Street website: www.StateStreetHomeLoans.com.

18. At all times material, C.S., a realtor, was a Florida resident who was induced to seek out a loan through State Street.

19. At all times material, K.S., a bank analyst, was a Florida resident who was induced to seek out a loan through State Street.

20. At all times material, W.P., an IBM project manager, was a Florida resident who was induced to seek out a loan through State Street.

21. At all times material, P.L., a sales manager, was a Florida resident who was induced to seek out a loan through State Street.

22. At all times material, R.H., a retiree and part-time substitute teacher, was a resident of the state of Florida who was induced to seek out a loan through State Street.

23. At all times material, Respondent held out both himself and his "State Street" alter ego to the public as being in the business of arranging or attempting to arrange loans, or funding 4

loans of money. Moreover, Respondent used his "State Street" alter ego to solicit, advise, and induce C.S., K.S., W.P., P.L., and R.H., all Florida residents, to go through State Street for the purpose of obtaining ( or attempting to obtain) a loan of money. At all times material, therefore, Respondent acted as a "loan broker" pursuant to sections 687.14(4)(a), (4)(b) and (4)(d), Florida Statutes. 24. Neither Respondent nor his "State Street" alter ego is exempt from the definition of a "loan broker" pursuant to section 687.14(4), Florida Statutes, because at all times material, Respondent was not licensed by and subject to the regulation or supervision of any federal or Florida agency and thereby was not acting within the scope of such license as to any of the following: a. a bank; b. a savings and loan association; c. a trust company; d. a building and loan association; e. a credit union; f. a consumer finance company; g. a retail installment sales company; h. a securities broker-dealer;

1. a real estate broker or sales associate; J. an attorney; k. a federal Housing Administration or United States Department of Veterans Affairs approved lender; I. a credit card company; m. an installment loan licensee; n. a mortgage broker or lender; o. an insurance company; or p. a subsidiary of any licensed or chartered consumer finance companies, banks, or savings and loan associations. COUNTI ASSESSMENT AND COLLECTION OF ADVANCE FEES IN VIOLATION OF § 687.141 (11, F.S.

2. The general allegations found above in paragraphs 1 through 24 are hereby re￾alleged and fully incorporated herein by reference. 5

3. In or around August 2019, C.S. became interested in refinancing her residential mortgage on a real estate property in St. Johns, Florida, and researched lending options on a popular online loan marketplace known as LendingTree (www.lendingtree.com). Users are asked to complete and submit an online form which is then used to match up a user up with a variety of loan offers from competing lenders and acts as a comparison tool for consumers.

4. Within a day or two, C.S. received an unsolicited phone call from State Street. C.S. was told by an individual calling himself "Davies" that State Street could provide C.S. with an opportunity to refinance her mortgage, but C.S. would first need to provide State Street with her identification and financial documentation, purportedly, for the purpose of forwarding it to a lender for review. Shortly thereafter, C.S. submitted the requested documentation to State Street.

5. Next, C.S. received an email from "Davies" containing attached forms from State Street which included, among other things, a mortgage loan refinance term sheet which purportedly offered C.S. 2.99% interest on a 30-year fixed mortgage loan for $400,000.

6. As requested, C.S. and her husband, T.S., both reviewed, executed, and returned each form to State Street. One such fonn was a blank contract for State Street's services and which was entitled "Client Signature Authorization Form" (referred to herein as the "C.S. Contract"). The C.S. Contract contained State Street's complete entity name, phone number, and its office address on Ventura Boulevard in Studio City, California.

7. The C.S. Contract requested that C.S. and her husband pay State Street a fee of $1,750 that was "required prior to any work being started." The fee purportedly covered the mortgage loan refinance service offered by State Street as well as "assistance with the home loan refinance process." In the fee agreement paragraph of the C.S. Contract, a bolded statement advised as follows: "Whereas State Street Home Loans agrees that in the event that they are unable 6

to obtain a Home Loan Refinance of the client's existing loan, then State Street Home Loans will return all payments received to the client(s)." 31. On August 28, 2019, T.S. signed the C.S. Contract. 32. On August 29, 2019, consistent with the C.S. Contract, C.S. sent a $1,750 check (no. 3012) via priority mail to State Street's P.O. Box in Studio City, California. 33. On September 3, 2019, C.S.'s check was cashed through State Street's BOA account ending in 5259 at a Sherman Oaks, California branch. 34. Around the same time, C.S.'s mother, K.S., also became interested in State Street's mortgage refinance opportunity and spoke by phone to "Davies." On August 27, 2019, K.S. received an email from "Davies" that requested copies of K.S.'s mortgage and other financial documents while also offering to qualify her for a 30-year fixed mortgage loan at 2.99% interest. In response, K.S. provided the requested documents to "Davies." 35. Subsequently, K.S. executed and returned to State Street a contract (the "K.S. Contract") similar in form to her daughter's contract, but which provided K.S. a 2.99% interest rate on a 30-year fixed mortgage loan for $300,000. 36. As with the C.S. Contract, the K.S. Contract requested that K.S. pay State Street a fee of $1,750 "required prior to any work being started." Again, this fee purportedly covered the mortgage loan refinance service offered by State Street in addition to "assistance with the home loan refinance process." In the fee agreement paragraph of the K.S. Contract, a statement in bold advised: "Whereas State Street Home Loans agrees that in the event that they are unable to obtain a Home Loan Refinance of the client's existing loan, then State Street Home Loans will return all payments received to the client(s)." 37. On August 31, 2019, K.S. signed the K.S. Contract and returned it to State Street. 7

38. On September 3, 2019, K.S. sent a $1,750 cashier's check (no. 68-7497) to State Street's P.O. Box in Studio City, California. On September 9, 2019, K.S.'s check was deposited through State Street's BOA account ending in 5259, at a Sherman Oaks, California branch.
39. In addition to C.S. and K.S., the following three Florida consumers entered into similar mortgage loan refinance agreements with State Street: a. W.P., who, after searching online for home refinancing opportunities, received a phone call from an agent of State Street in January 2019. Just as "Davies" did with K.S. and C.S., this agent explained State Street's refinancing offerings and requested W .P .' s mortgage and financial documents, which W.P. provided. On February 15, 2019, W.P. received an email from State Street's agent containing several attached forms, including a contract (the "W.P. Contract") that offered a 30-year mortgage loan refinance at 3.99% interest. The W.P. Contract requested a fee of $1,500 that was "required prior to any work being started" and covered various costs including title, escrow, processing, appraisal, and notary. As with the other contracts, the fee paragraph in the W.P. Contract also included a bolded statement explaining that if State Street was unable to secure the loan, the fee would be fully refunded to W.P. That same day, W.P. signed and returned the W.P. Contract and the other completed forms to the State Street agent. On February 16, 2019, W.P. sent State Street a $1,500 check (no. 301) to cover the fee required by the W.P. Contract. On February 20, 2019, W.P.'s check was deposited through Respondent's JP Morgan account ending in 0899 at a Sherman Oaks, California branch. b. R.H., who discovered the State Street website in early July 2019 and, shortly thereafter, discussed the company's refinancing offerings by phone with State Street agent "Scott Murphy" ("Murphy"). On July 11, 2019, R.H. received an email from "Murphy" containing attached forms that included a contract (the "R.H. Contract") that offered a mortgage loan refinance at 2.99% interest. The R.H. Contract requested a fee of $1,750 that was "required prior to any work being started" and covered various costs including titlei escrow, processing, appraisal, and notary. The fee paragraph in the R.H. Contract also included a bolded statement explaining that if State Street was unable to secure the loan, the fee would be fully refunded to R.H. Subsequently, R.H. signed and returned the R.H. Contract and the other completed forms to State Street's agent. On July 31, 2019, R.H. sent State Street a $1,750 check (no. 1557) to cover the fee required by the R.H. Contract. On August 2, 2019, R.H.'s check was deposited through the JP Morgan account ending in 0899, at a California branch. c. P.L., who on October 17, 2019 received an email from State Street's purported agent "Scott Murphy" which contained attached documents that included a contract (the "P.L. Contract") that offered a 15-year mortgage loan refinance at 8

2.99% interest and requested a fee of $1,750 that was "required prior to any work being started." Another purported agent of State Street called "Kevin Baker" explained to P.L. that this fee was required to process the loan in order to obtain the desired loan rate. On October 21, 2019, P.L. sent State Street a $1,785 check (no. 17014490) to cover the fee required by the P .L. Contract. On October 22, 2019, P.L. 's check was deposited through the JP Morgan account ending in 0899, at a California branch. 40. It takes roughly 15 minutes to drive from Studio City, California, which Respondent held out as the physical location of State Street, to Sherman Oaks, California, where Respondent visited his BOA and JP Morgan bank branches to deposit checks sent by C.S., K.S., R.H., P.L., and W.P. into the BOA account ending in 5259 and the JP Morgan account ending in 0899. 41. Each time Respondent deposited a check received from these Florida consumers pursuant to their contracts with State Street, Respondent shortly thereafter terminated communications with them. 42. At no point did Respondent ever provide any of these Florida consumers with the mortgage loan refinancings as required by their respective contracts with State Street. 43. Nor did Respondent ever refund the fees paid in advance by any of these Florida consumers as required by their respective contracts with State Street. 44. Respondent, while acting as a loan broker, assessed and collected an advance fee from one or more borrowers located in Florida to provide services as a loan broker, in violation of section 687.141(1), Florida Statutes. 45. Pursuant to section 687.143(2), Florida Statutes, the Office intends to order Respondent to cease and desist from further violations of chapter 687, Florida Statutes, including refraining from acting as a loan broker and from assessing or collecting advance fees from Florida consumers. 9

46. Pursuant to section 687.143(3), Florida Statutes, the Office also intends to impose an administrative fine on Respondent of $5,000.00 for each violation involving a Florida consumer, for a total of $25,000.00. WHEREFORE, Respondent is hereby notified that the Office intends to issue an Order that requires Respondent to cease and desist from violations of chapter 687, Florida Statutes, and imposes a total administrative fine on Respondent of $25,000. NOTICE OF RIGHTS The Respondent is entitled to be represented by counsel or another qualified representative. The Respondent also has the right to request a hearing pursuant to sections 120.569 and 120.57, Florida Statutes. Such request must comply with Rules 28-106.2015 and 28-106.104, Florida Administrative Code. An Election of Proceeding form is attached for your convenience. Any such request must be filed as follows: B, Mail or Fax Office of Financial Regulation P.O. Box 8050 Tallahassee, FL 32314-8050 Phone: (850) 410-9889 Fax: (850) 410-9663 Email: Auenc, .Clerki,iflofr.1..!0V OR B, Hand Deliven Office of Financial Regulation General Counsel's Office The Fletcher Building 101 East Gaines Street Tallahassee, FL 32399 Phone: (850) 410-9889 TO PRESERVE THE RIGHT TO A HEARING, A WRITTEN RESPONSE MUST BE FILED WITH THE OFFICE OF FINANCIAL REGULATION WITIDN TWENTY-ONE (21) DAYS AFTER THE RECEIPT OF THE ADMINISTRATIVE COMPLAINT. SAID RESPONSE MUST BE RECEIVED BY THE OFFICE NO LATER THAN 5:00 P.M. (ET) ON THE TWENTY-FIRST DAY AFTER THE RECEIPT OF THE ADMINISTRATIVE COMPLAINT. A FAILURE TO TIMELY RESPOND IN WRITING WILL CONSTITUTE A WAIVER OF THE RESPONDENT'S RIGHT TO REQUEST A HEARING AND A FINAL ORDER MAY BE ENTERED WITHOUT FURTHER NOTICE. 10

You may not make an oral request for an administrative hearing. With regard to a written request, if you fail to follow the outlined procedure, your request may be dismissed. Any request for an administrative proceeding received prior to the date of this notice is deemed abandoned and to be considered, must be timely renewed in compliance with the procedure set forth above. Mediation of this matter pursuant to section 120.573, Florida Statutes, is not available. NOTICE TO RESPONDENTS In accordance with the Americans with Disabilities Act, persons with disabilities needing special accommodation to participate in this proceeding should contact the Agency Clerk no later than seven (7) days prior to the filing deadline or proceeding, at the Office of Financial Regulation, The Fletcher Building, Suite 504,200 East Gaines Street, Tallahassee, Florida 32399-0379, Phone: (850) 410-9889, or by Email; Aeenc, .Clerk'ilflofr.eov. DATED and SIGNED this 4th day of March 2026. 11 Russell C. Weigel, III Commissioner f3~n, ~ ~ Brandon Gre~~ Assistant General Counsel Office of Financial Regulation Fla. Bar No. 1007969 101 E. Gaines Street Tallahassee, FL 32399-0379 Tel: (850) 410-9839 Email: brandon. greenberg@flo fr. gov

CERTIFICATE OF SERVICE I HEREBY CERTIFY that a true and correct copy of the foregoing Administrative Complaint and Notice of Rights has been sent for service by U.S. certified mail to Respondent Shabber Rahman d/b/a State Street Home Loans, at 3950 Laurel Canyon Boulevard, Apartment 50165, Studio City, California 91604, on this 4th day of March 2026. 9489 0090 0027 6620 8153 41 8~)1,, ~ Brandon Greenberg Assistant General Counsel 12

STATE OF FLORIDA OFFICE OF FINANCIAL REGULATION Case No: 104876 Shabber Rahman d/b/a State Street Home Loans 3950 Laurel Canyon Boulevard, Apartment 50165 Studio City, California 91604 ~LECTION OF PROCEEDING I have received and read the Administrative Complaint, including the Notice of Rights, filed by the Office of Financial Regulation ("Office") regarding the above-referenced Respondent, and I am requesting disposition as indicated below. PLEASE SELECT ONLY ONE OFTHE OPTIONS: OPTION#~: D I do not request a hearing in this matter. I do not dispute any of the Office's factual allegations and conclusions of law as stated in the Administrative Complaint. I understand that upon my waiving the right to a hearing, the Office may enter a final order adopting the findings of fact and conclusions of law in the Administrative CO!!l..P!i!i~t and imposing the penalties sought in the Adml.•JJ~tr~tlve Complaint. OPTION #2: D I do not dispute any of the Office's factual allegations but dispute the Office's conclusions of law to those factual allegations, and request disposition of this matter by informal hearing pursuant to section 120.57(2), Florida Statutes, I request to (CHECK ONLY ONE OF THE FOLLOWING 2 OPTIONS): a. D Attend a hearing by video teleconference before a Hearing Officer appointed by the Office; OR b. D Submit a written statement with supporting documentation to a Hearing Officer appointed by the Office. OPTION #3: D I 9.2 dispute one or more of the Office's factual allegations. I request a formal hearing before the Division of Administrative Hearings (DOAH) pursuant to section 120.57(1), Florida Statutes. In accordance with Rule 28-106.2015(S)(c), FAC, I am attaching a CQ.ID:'. ot the material facts that I clli.P.ute. If you selected Option #2 or #3, above, and wish to engage in settlement negotiation. please check the box below: D I am interested in settlement negotiation. I request the Office to NOT refer my case for a hearing at this time. TO PRESERVE YOUR RIGHT TO A HEARING, A RESPONSE MUST BE FILED WITH THE OFFICE OF FINANCIAL REGULATION AGENCY CLERK NO LATER THAN 5:00 P.M. ON OR BEFORE THE TWENTY-FIRST DAV AFTER RECEIPT OF THE ADMINISTRATIVE COMPLAINT, BY ANY OF THE FOLLOWING METHODS:

1. By email: Agency.Clerk@flofr.gov; or
2. By U.S. Mail: P.O. Box 8050, Tallahassee, Florida 32314-8050; or
3. By hand delivery: Office of General Counsel, Fletcher Bldg., 101 E. Gaines Street, Tallahassee, FL 32399. Signature of Respondent or Mailing Address Authorized Representative of Respondent Printed Name & Title City State Zip Date E-mail Address Telephone Number Form: OFR-GC-13 (rev. 11.19.2024) Page 1 of 2

STATE OF FLORIDA OFFICE OF FINANCIAL REGULATION Case No: 104876 Shabber Rahman d/b/a State Street Home Loans 3950 Laurel Canyon Boulevard, Apartment 50165 Studio City, California 91604 **YOU ARE TO COMPLETE THE FOLLOWING ONLY IF YOU HAVE CHECKED OPTION #3 ON THE PRECEDING PAGE. If you need more space, you may provide additional pages. As Respondent or the authorized representative of Respondent, I am disputing the following material facts: Signature of Respondent or Authorized Representative Date Form: OFR-GC-13 (rev. 11.19.2024) Page 2 of2

.::!!!f!l UNITEDST/J.TES ~ POST/J.L SERVICE March 17, 2026 Dear Amber Hopkins: Exhibit B The following is in response to your request for proof of delivery on your item with the tracking number: 9489 0090 0027 6620 8153 41. Item Details Status: Status Date I Time: Location: Postal Product: Extra Services: Shipment Details Weight: Recipient Signature Signature of Recipient: Address of Recipient: Delivered, Individual Picked Up at Post Office March 16, 2026, 1 :55 pm STUDIO CITY, CA 91604 First-Class Mail® Certified Mail™ Return Receipt Electronic 61b, 3.8oz Note: Scanned image may reflect a different destination address due to Intended Recipient's delivery instructions on file. Thank you for selecting the United States Postal Service® for your mailing needs. If you require additional assistance, please contact your local Post Office™ or a Postal representative at 1-800-222-1811 . Sincerely, United States Postal Service® 475 L'Enfant Plaza SW Washington, D.C. 20260-0004