Index: OFR 2026 - 507
ST ATE OF FLORIDA
OFFICE OF FINANCIAL REGULATION
0/22/2026
EGAL
In Re:
SANDRO PACHECO, Case Number: 130372
Petitioner.
FINAL ORDER
This cause came on for consideration and final agency action. Upon review of the record and being otherwise fully advised in the premises, the Office of Financial Regulation ("Office") hereby finds:

1. The Office has jurisdiction over the subject matter of this case and the parties
   hereto.
2. The entry of this Final Order concludes the above-referenced matter.
   ORDERED:
   A. The Stipulation and Consent Agreement (Exhibit A) is hereby approved and incorporated by reference as if fully stated herein and is adopted as the Office's Findings of Fact and Conclusions of Law.
   B. The parties shall comply with all terms of the Stipulation and Consent Agreement.
   DONE and ORDERED this 22"r"d day of October, 2026, in Tallahassee, Leon County, Florida.
   Russell C. Weigel, I
   Commissioner

CERTIFICATE OF SERVICE

I HEREBY CERTIFY that a true and correct copy of the foregoing Final Order has been furnished to Petitioner, Sandro Pacheco via electronic mail at sedemur@gmail.com on this 22nd day of October, 2026.

22nd

Office of Financial Regulation
Post Office Box 8050
Tallahassee, FL 32314-8050
050
Tall assee, FL 32314-8050
Email: Agency.Clerk@flofr.gov
Tel: (850) 410-9889

Exhibit A

STATE OF FLORIDA
OFFICE OF FINANCIAL REGULATION

In Re:
SANDRO PACHECO, Case Number: 130372
Petitioner.

STIPULATION AND CONSENT AGREEMENT

The State of Florida, Office of Financial Regulation ("Office"), and Sandro Pacheco ("Petitioner" or "Pacheco"), in consideration of the mutual promises herein, recite, stipulate, and agree as follows:

1. Background. At all times material hereto, Petitioner was a licensed loan originator as that term is defined in section 494.001(18), Florida Statutes, having been issued license number LO9980. On December 31, 2025, Petitioner submitted a renewal application for the calendar year 2026.

On August 21, 2024, the Office issued a Final Order ("August 21, 2024 Final Order") against Sedemur Inc ("Sedemur") and Pacheco, in Case Number 122768. The August 21, 2024 Final Order revoked Sedemur's mortgage broker license (number MBR3435) because Sedemur and Pacheco had violated a prior Final Order in Case Number 108777, when they failed to pay the administrative fine of $3,500.00. At all times material hereto, Pacheco was the designated principal loan originator, President, and sole owner of Sedemur.

On June 2, 2026, the Office issued a Notice of Intent to Deny Renewal Application for Loan Originator License to Petitioner based on the facts described above. Petitioner requested a hearing pursuant to section 120.57(2), Florida Statutes on June 24, 2026. The parties are resolving the issues herein prior to conducting any hearing in this matter.

1

2. Jurisdiction. Pursuant to section 494.011, Florida Statutes, the Office is charged with the responsibility of administering and enforcing the provisions of chapter 494, Florida Statutes. The Office has jurisdiction to bring this administrative action against Petitioner pursuant to chapter 494, Florida Statutes.

3. Findings. For purposes of this Stipulation and Consent Agreement, Petitioner consents to the Office's finding that Petitioner was the subject of an adverse administrative order by a state or federal agency regulating banking, insurance, finance or small loan companies, real estate, mortgage brokers or lenders, money transmitters, or other related or similar industries, in violation of section 494.00255(1)(l)2., Florida Statutes.

4. Terms and Conditions. Petitioner and the Office agree that the issues raised can be expeditiously resolved without a hearing and that further litigation can be avoided by the execution of this Stipulation and Consent Agreement. The parties acknowledge they have read this Stipulation and Consent Agreement and fully understand the rights, obligations, terms, duties and responsibilities with respect to its contents. Therefore, in compromise and settlement of the matters stated herein and in consideration of the Office's forbearance from further litigation, Petitioner agrees to the following terms and conditions:

a. FUTURE COMPLIANCE. Petitioner agrees that he shall cease and desist from violations of chapter 494, Florida Statutes, and the rules promulgated thereunder, and comply with all provisions of chapter 494, Florida Statutes, and the rules promulgated thereunder

b. LICENSURE. The Office shall approve Petitioner's Loan Originator license renewal application within one business day of the entry of the Final Order adopting this Stipulation and Consent Agreement.

c. ADMINISTRATIVE FINE. Petitioner agrees to and shall pay the Office a total administrative fine of Three Thousand Five Hundred Dollars ($3,500.00) to be paid in four installments as follows:

(I) A first payment in the amount of $875 .00 is due with the signed stipulation and consent agreement.

(2) A second payment in the amount of $875.00 is due within 30 days of the date of issuance of the Final Order incorporating this Stipulation and Consent Agreement.

(3) A third payment in the amount of $875.00 is due within 60 days of the date of issuance of the Final Order incorporating this Stipulation and Consent Agreement.

(3) A fourth payment in the amount of $875.00 is due within 90 days of the date of issuance of the Final Order incorporating this Stipulation and Consent Agreement.

The administrative fine shall be submitted in the form of a wire, cashier's check, or money order made payable to the “Office of Financial Regulation” and shall be sent to the attention of Agency Clerk - c/o Attorney Joaquin Alvarez, Post Office Box 8050, Tallahassee, Florida 32314-8050. Petitioner acknowledges and agrees that in accordance with section 215.31, Florida Statutes, regarding the deposit of monies: (i) the tendered fine or settlement check proceeds may be deposited in advance of full execution or acceptance of the proposed Stipulation and Consent Agreement; and (ii) such deposit shall not be construed as a final acceptance of the Stipulation and Consent Agreement absent full execution thereof and entry of a Final Order adopting same.

d. RESTRICTION AS TO PRINCIPAL LOAN ORIGINATOR.

Petitioner agrees that he shall not and cannot serve as the Principal Loan Originator ("PLO") of any mortgage broker or mortgage lender in Florida, for a period of one (1) year from the entry of the Final Order adopting this Stipulation and Consent Agreement.

5. Final Order. Petitioner consents to the entry of a final order, which incorporates the terms of this Stipulation and Consent Agreement. Petitioner understands and agrees that this Stipulation and Consent Agreement is subject to the final approval of the Office of Financial Regulation and the entry of the Final Order adopting such Agreement. In the event that the Final Order is not entered, this Stipulation and Consent Agreement shall be null and void. The Final Order incorporating this Stipulation and Consent Agreement constitutes final agency action by the Office for which the Office may seek enforcement pursuant to the provisions of chapters 494 and 120, Florida Statutes.

6. Waiver. By Petitioner's consent to the entry of a Final Order with respect to this proceeding, Petitioner waives:

a. Any right to separately stated Findings of Fact and Conclusions of Law;

b. Any right to receipt of a Notice of Rights pursuant to chapter 120, Florida Statutes;

c. Any right to an administrative hearing or issuance of a Recommended Order pursuant to chapter 120, Florida Statutes; and

d. Any right to contest in any administrative forum or judicial proceeding (including, but not limited to, an appeal pursuant to section 120.68, Florida Statutes) the validity of any term, condition, obligation, or duty expressly created in this Stipulation and Consent Agreement and the Final Order.

7. Releases. Upon full execution of this Stipulation and Consent Agreement, Petitioner waives, releases and forever discharges the Office and its agents, representatives and employees from any and all causes of action, in law or in equity, which Petitioner may have arising out of this matter. The Office accepts this release and waiver by Petitioner on behalf of itself, its agents, representatives, and employees without acknowledging, and expressly denying, that any such right or cause of action may exist.

8. Failure to Comply. Petitioner acknowledges, concurs and stipulates that Petitioner's failure to comply with any of the terms, obligations and conditions of this Stipulation and Consent Agreement, and the Final Order adopting it, is a violation of the written agreement and the Final Order entered pursuant to chapters 120 and 494, Florida Statutes. Such non-compliance may result in the issuance of an emergency cease and desist order, and the initiation of other possible administrative action. However, nothing herein shall be construed to limit Petitioner's rights to contest any finding or determination of non-compliance.

9. Attorney's Fees. Each party herein shall be solely responsible for its separate costs and attorneys' fees incurred in the prosecution, defense, or negotiations in this matter up to and including entry of the Final Order adopting this Stipulation and Consent Agreement.

Severability. The parties agree that if any provision of this Stipulation and Consent Agreement or the application thereof to any person or circumstance is held invalid, the Stipulation and Consent Agreement will be given effect without the invalid provision, and to this end, the provisions of this Stipulation and Consent Agreement are declared severable.

II. Counterparts. This Stipulation and Consent Agreement may be executed in any number of counterparts, and by the parties in separate counterparts, each of which will be deemed to be an original but all of which together will constitute but one Stipulation and Consent Agreement. Copies of this Stipulation and Consent Agreement transmitted by facsimile or electronic mail shall have the same validity as if bearing an original signature.

12. Entire Agreement. This Stipulation and Consent Agreement represents the entire agreement by and between Petitioner and the Office. Any alterations, variations, changes, modifications or waivers of the provisions hereof shall be valid only when they have been reduced to writing, duly signed by the Office and Petitioner hereto, attached to the original of this Stipulation and Consent Agreement, and subject to the approval of the Office.

WHEREFORE, in consideration of the foregoing, the Office and Petitioner execute this Stipulation and Consent Agreement for entry of a Final Order on the last date executed below.

(Remainder of page intentionally left blank)

BY PETITIONER
SANDRO PACHECO:
✓
Date:

Date: Sept 23rd 2026

Name: Sandro Pacheco

State of Florida
County of Broward

Sandro Pacheco, BEFORE ME by means of ☒ physical presence or [ ] online notarization has sworn (or affirmed) that he has read and understands the foregoing agreement and voluntarily signed the same.

SWORN TO AND SUBSCRIBED before me this 23rd day of September, 2026.

day of September, 2026.

23rd

Check the appropriate box:

Personally known ☐

OR Produced Identification ☐

Type of identification produced ☒ Driver's License

☐ Passport

☐ Other ________ (Do not include ID number)

Fernando Elguera
Comm.: HH 729213
Expires: Dec. 25, 2029
Notary Public - State of Florida

OFFICE OF FINANCIAL REGULATION

Bill Morin
Bill Morin, Interim Director
Division of Consumer Finance
Date: 10/20/2026 -----------