Regulatory Alerts2026-04-17
Added · Updated
Final Order — Mortgage Broker
The Florida Office of Financial Regulation issued a Final Order against Prada Capital Lending Corp d/b/a Prada Mortgage Bankers for failing to submit required quarterly mortgage call reports for the second, third, and fourth quarters of 2023. As part of a Stipulation and Consent Agreement, the respondent agreed to pay a $7,500 administrative fine and voluntarily surrender its mortgage broker license. The order resolves the administrative proceeding by incorporating the agreement's terms, which include a waiver of the respondent's right to a hearing and a release of claims against the Office.
Topics
Share