Regulatory Alerts2026-05-22
Added · Updated
Final Order — Mortgage Broker
The Florida Office of Financial Regulation issued a Final Order against Power Purchase Mortgage, LLC and Virgil Gordon II for failing to timely submit required mortgage call reports. The agency approved a Stipulation and Consent Agreement that resolves the enforcement action without further litigation. Respondents agreed to pay a $1,750 administrative fine and cease future violations of state mortgage broker statutes.
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