Regulatory Alerts2026-05-22
Added · Updated
Final Order Denying Loan Originator License Application for James M. Vadella
The Florida Office of Financial Regulation issued a Final Order denying James M. Vadella's application for a loan originator license due to his guilty plea to conspiracy to commit mail fraud. The denial was entered without a hearing because Vadella failed to respond to the Notice of Intent to Deny within the statutory 21-day period, thereby waiving his right to contest the allegations. The Office determined that the felony conviction constitutes a Class A crime involving dishonesty, rendering the applicant ineligible for licensure under Chapter 494, Florida Statutes.
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