Regulatory Alerts2026-07-14
Added · Updated
Final Order — Mortgage Broker
The Florida Office of Financial Regulation imposes a $4,375.00 administrative fine and a twenty-day suspension of mortgage broker license MBR1924 against Mortgage Plus Inc. and Louis Samuel Travieso. These penalties result from the respondents' failure to timely submit Mortgage Call Reports for the second, third, and fourth quarters of 2024, constituting violations of Chapter 494, Florida Statutes. The order was entered because the respondents waived their right to an administrative hearing by failing to file a written response within the required twenty-one-day period. Payment of the fine is due within thirty days of the order's docketing, and the license suspension takes effect thirty days from the order's entry.
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