Final Order — Mortgage Lender

Index: OFR 2026 - 295 STATE OF FLORIDA OFFICE OF FINANCIAL REGULATION .... / OOCKETEO • 6/5/2026 ') 1...EGAl.. J .ftt!.- In Re: MORTGAGE XPRESS LLC, Case Number: 134038 Respondent. FINAL ORDER The State of Florida, Office of Financial Regulation ("Office"), being authorized and directed to administer and enforce chapter 494, Florida Statutes, hereby enters this Final Order with Notice of Rights ("Final Order") as authorized by the provisions of chapters 120 and 494, Florida Statutes, against MORTGAGE XPRESS LLC, ("Respondent"). FINDINGS OF FACT

1. The Office has jurisdiction over the subject matter of this case and the parties hereto.
2. At all times material to this case, Respondent was licensed in Florida as a mortgage broker, having been issued license number MLD2383.
3. The Office conducted an examination (No. 133046) to ascertain Respondent's compliance with chapter 494, Florida Statutes, and found that grounds existed to initiate a legal action. As such, on April 21, 2026, the Office issued an Administrative Complaint ("Complaint") (Exhibit A) seeking an administrative fine of $2,625.00.
4. Respondent was served the Complaint via U.S. Certified Mail on April 29, 2026, (Exhibit B). As such, a response was due no later than Wednesday, May 20, 2026.
5. The Complaint contained a Notice of Rights, which fully advised Respondent that

it had twenty-one (21) days after the receipt of the Complaint within which to petition the Office for an administrative hearing to contest the allegation set forth in the Complaint, in accordance with sections 120.59 and 120.57, Florida Statutes, including the following information: TO PRESERVE THE RIGHT TO A HEARING, A WRITTEN RESPONSE MUST BE FILED WITH THE OFFICE OF FINANCIAL REGULATION WITHIN TWENTY-ONE (21) DAYS AFTER THE RECEIPT OF THE ADMINISTRATIVE COMPLAINT. SAID RESPONSE MUST BE RECEIVED BY THE OFFICE NO LATER THAN 5:00 P.M. ON THE TWENTY￾FIRST DAY AFTER THE RECEIPT OF THE ADMINISTRATIVE COMPLAINT. A FAILURE TO TIMELY RESPOND IN WRITING WILL CONSTITUTE A WAIVER OF THE LICENSEE'S RIGHT TO REQUEST A HEARING AND A FINAL ORDER MAY BE ENTERED WITHOUT FURTHER NOTICE. 6. To date, the Office has neither received a written response to the Complaint nor has Respondent made a claim of equitable tolling. 7. The Findings of Fact alleged in the Complaint are hereby incorporated by reference and adopted as Findings of Fact in this Final Order. CONCLUSIONS OF LAW 8. Pursuant to sections 494.0011 and 494.0012, Florida Statutes, the Office is charged with administering and enforcing the provisions of chapter 494, Florida Statutes, and conducting examinations and investigations to determine whether any provision of chapter 494, Florida Statutes, has been violated. Thereby, the Office has jurisdiction over the subject matter of this case and of the parties hereto. 9. The Findings of Fact herein serve as the basis of the entry of this Final Order against Respondent. 10. Section 120.569(2)(a), Florida Statutes, and Rule 28-106.111(2), Florida Administrative Code, require, among other things, that a response or a petition to an action which 2

affects the substantial interests of a party be filed with the agency within 21 days of receipt of written notice of the action. 11. Pursuant to Rule 28-106.111(4), Florida Administrative Code, the failure of Respondent to timely respond to the Complaint constitutes a waiver of Respondent's right to an administrative proceeding. 12. The doctrine of equitable tolling can be applied in administrative cases when a party has been misled or lulled into inaction, i.e., has in some extraordinary way, been prevented from asserting his rights, or has timely asserted his rights in the wrong forum. Machules, v. Department of Admin., 523 So. 2d 1132 (Florida 1988). 13. Without any evidence of equitable tolling, it is appropriate for the Office to conclude there was none. Patz v. Dept. of Health, 864 So.2d 79, 80 (Fla. 3d DCA 2003). 14. Respondent failed to submit a response to the Complaint and failed to present a claim, or evidence of equitable tolling. Therefore, it is appropriate for the Office to conclude there was no equitable tolling, and Respondent waived its right to an administrative proceeding. I 5. The Findings of Fact and Conclusions of Law that form the basis for the Complaint, together with the waiver of a hearing by Respondent, constitute grounds for the Office to impose an administrative fine against MORTGAGE XPRESS LLC. Based on the foregoing Findings of Fact and Conclusions of Law, it is hereby ORDERED: A. Within thirty (30) days of the date of this Final Order, Respondent shall pay an ADMINISTRATIVE FINE of Two Thousand Six Hundred Twenty-Five Dollars ($2,625.00). B. Respondent shall submit the administrative fine in the form of a money order, cashier's check, or wire transfer made payable to the "OFFICE OF FINANCIAL REGULATION". Such payment shall reference Case Number 134038 and shall be sent to the 3

attention of the Agency Clerk, c/o Maria A. Guitian, Post Office Box 8050, Tallahassee, Florida 32314-8050. DONE and ORDERED this #' day of June, 2026, in Tallahassee, Leon County, Florida. Commissioner NOTICE OF RIGHTS A PARTY WHO IS ADVERSELY AFFECTED BY THIS FINAL ORDER IS ENTITLED TO JUDICIAL REVIEW PURSUANT TO SECTION 120.68, FLORIDA STATUTES. REVIEW PROCEEDINGS ARE GOVERNED BY THE FLORIDA RULES OF APPELLATE PROCEDURE. SUCH PROCEEDINGS ARE COMMENCED BY FILING THE ORIGINAL NOTICE OF APPEAL WITH THE AGENCY CLERK FOR THE OFFICE OF FINANCIAL REGULATION AS FOLLOWS: By Mail, Facsimile or Email Agency Clerk Office of Financial Regulation Office of General Counsel P.O. Box 8050 Tallahassee, FL 32314-8050 Phone: (850) 410-9889 Fax: (850) 410-9663 Email: Agency.Clerk@flofr.gov OR By Hand Delivery Agency Clerk Office of Financial Regulation Office of General Counsel The Fletcher Building 101 East Gaines Street Tallahassee, FL 32399 Phone: (850) 410-9889 A COPY OF THE NOTICE OF APPEAL, ACCOMPANIED BY THE FILING FEES AS REQUIRED BY LAW, MUST ALSO BE FILED WITH THE DISTRICT COURT OF APPEAL, FIRST DISTRICT, 2000 DRAYTON DRIVE, TALLAHASSEE, FLORIDA 32399-0950, OR WITH THE DISTRICT COURT OF APPEAL IN THE APPELLATE DISTRICT WHERE THE PARTY RESIDES. THE NOTICE OF APPEAL MUST BE FILED WITH BOTH THE AGENCY CLERK FOR THE OFFICE OF FINANCIAL REGULATION AND THE DISTRICT COURT OF APPEAL WITHIN 30 DAYS OF THE RENDITION OF THE ORDER TO BE REVIEWED. 4

CERTIFICATE OF SERVICE I HEREBY CERTIFY that a true and correct copy of the foregoing Final Order has been sent for service via US Certified Mail to Mortgage Xpress LLC at 1410 Valley Road, Suite 201, Wayne, New Jersey 07470 on this ~ y of June, 2026. 9489 □□ 90 0027 6214 9311 81 5 Regulation 050 , 32314-8050 Email: Agency.Clerk@flofr.gov Tel: (850) 410-9889

EXHIBIT A STATE OF FLORIDA OFFICE OF FINANCIAL REGULATION In Re: MORTGAGE XPRESS LLC, Case Number: 134038 Respondent. ADMINISTRATIVE COMPLAINT The State of Florida, Office of Financial Regulation ("Office"), files this Administrative Complaint against MORTGAGE XPRESS LLC ("Respondent") alleging: GENERAL ALLEGATIONS

1. Pursuant to sections 494.0011, Florida Statutes, the Office is charged with administering and enforcing the provisions of chapter 494, Florida Statutes.

2. Pursuant to section 490.00255(1)(u), Florida Statutes, failure to comply with any provision of chapter 494, Florida Statutes, or corresponding rules constitutes grounds for disciplinary action.

3. Pursuant to section 494.001(24), Florida Statutes, a "mortgage lender" means a person making a mortgage loan or servicing a mortgage loan for others, or for compensation or gain, directly or indirectly, selling or offering to sell a mortgage loan to a non-institutional investor.

4. The Nationwide Multistate Licensing System and Registry ("NMLS") is the mortgage licensing system and data repository of record which is statutorily mandated to be used by the Office to manage mortgage entities in Florida.

5. Mortgage Xpress LLC is licensed with the Office as a mortgage lender, having been issued license number MLD2383.

6. Daniel Jimenez is a Member and Fifty (50) percent Owner of Mortgage Xpress LLC.

7. Paris Petritsis III is a Member and Fifty (50) percent Owner of Mortgage Xpress LLC.

8. The Office conducted an examination (examination number 133046) to ascertain compliance with chapter 494 Florida Statutes, and corresponding rules.

9. Rule 69V-40.111 (1 ), Florida Administratrive Code, provides that the penalties that are applicable to each ground for disciplinary action that may be imposed by the Office against a person for a violation of chapter 494, Florida Statutes, are set forth in the "Office of Financial Regulation, Division of Consumer Finance, Disciplinary Guidelines for Mortgage Loan Originators and Mortgage Entities, Fann OFR-494-14".

10. Pursuant to Rule 69V- 40.111(5), Florida Administrative Code, the range for an "A" level administrative fine is between $1,000.00 to $3,500.00.

11. Pursuant to Rule 69V- 40.111(5), Florida Administrative Code, the range for a "B" level administrative fine is between $3,500.00 to $7,500.00. COUNTI

12. The above general allegations are hereby re-alleged and incorporated by reference as if fully stated herein.

13. Pursuant to section 494.0063, Florida Statutes, a mortgage lender must obtain an annual "financial audit report" ("FAR"), prepared by an independent licensed certified public accountant, as of the date of the licensee's fiscal year end, as disclosed to the Office on the application or a subsequent amendment to the application. The mortgage lender shall submit a copy of such report to the Office within 120 days after the end of the licensee's fiscal year.

14. Pursuant to Rule 69V-40.003(3), Florida Administrative Code, the annual FAR required in section 494.0063, Florida Statutes, must be filed electronically via NMLS.

15. At all times material, Respondent's fiscal year end is and has been December 31 . 2

16. Respondent's 2024 FAR for the fiscal year ending December 31, 2024, was due on or about April 30, 2025.

17. Respondent submitted its FAR for fiscal year ending 2024 on August 19, 2025, 111 days late, in violation of section 494.0063, Florida Statutes.

18. Pursuant to the Disciplinary Guidelines for Mortgage Loan Originators and Mortgage Entities Form OFR-494-14, incorporated by reference in Rule 69V-40.l 11, Florida Administrative Code, a licensee found to have violated section 494.0063, Florida Statutes, is subject to a "B" level administrative fine. I 9. Therefore, the Office is seeking an administrative fine of Two Thousand Six Hundred Twenty-Five Dollars ($2,625.00). WHEREFORE, Respondent, MORTGAGE XPRESS LLC, is hereby notified that the Office intends to enter an Order imposing an administrative fine of Two Thousand Six Hundred Twenty-Five Dollars ($2,625.00). NOTICE OF RIGHTS The licensee is entitled to be represented by counsel or another qualified representative. The licensee also has the right to request a hearing pursuantto sections 120.569 and 120.57, Florida Statutes. Such request must comply with Rules 28-106.2015 and 28-106.104, Florida Administrative Code. An Election of Proceeding form is attached for your convenience. Any such request must be filed as follows: Bv Mail or E-Mail Office of Financial Regulation P.O. Box 8050 Tallahassee, FL 32314-8050 Phone: (850) 410-9889 Email: Agency.Clerk@flofr.gov OR 3 By Hand Deliven· Office of Financial Regulation General Counsel's Office The Fletcher Building 101 East Gaines Street, Suite 504 Tallahassee, FL 32399 Phone: (850) 410-9889

TO PRESERVE THE RIGHT TO A HEARING, A WRITTEN RESPONSE MUST BE FILED WITH THE OFFICE OF FINANCIAL REGULATION WITIDN TWENTY-ONE (21) DAYS AFTER THE RECEIPT OF THE ADMINISTRATIVE COMPLAINT. SAID RESPONSE MUST BE RECEIVED BY THE OFFICE NO LATER THAN 5:00 P.M. ON THE TWENTY-FIRST DAY AFTER THE RECEIPT OF THE ADMINISTRATIVE COMPLAINT. A FAILURE TO TIMELY RESPOND IN WRITING WILL CONSTITUTE A WAIVER OF THE LICENSEE'S RIGHT TO REQUEST A HEARING AND A FINAL ORDER MAY BE ENTERED WITHOUT FURTHER NOTICE. You may not make an oral request for an administrative hearing. With regard to a written request, if you fail to follow the outlined procedure, your request may be dismissed. Any request for an administrative proceeding received prior to the date of this notice is deemed abandoned and to be considered must be timely renewed in compliance with the procedure set forth above. Mediation of this matter pursuant to section 120.573, Florida Statutes, is not available. NOTICE TO RESPONDENTS In accordance with the Americans with Disabilities Act, persons with disabilities needing specia] accommodation to participate in this proceeding should contact the Agency Clerk no later than seven (7) days prior to the filing deadline or proceeding, at the Office of Financial Regulation, The Fletcher Building, 101 East Gaines Street, Suite 504, Tallahassee, Florida 32399, Phone: (850) 410-9889, or by Email: Agency.Clerk@flofr.gov. By:fr,411;, (l, jp,,;-/Jh) 4 Maria A. Guitian Assitant General Counsel Office of Financial Regulation Office of General Counsel Fla. Bar No. 813966 200 E Gaines Street Tallahassee, FL 32399-0370 Tel: (305)536-034 l Email: Maria.Guitian@flofr.gov

CERTIFICATE OF SERVICE I HEREBY CERTIFY that a true and correct copy of the foregoing Administrative Complaint has been sent for service via U.S. Certified Mail to Mortgage Xpress LLC at 1410 Valley Road, Suite 201, Wayne, New Jersey07470 and to its Registered Agent in Florida: Paracorp Incorporated 155 Office Plaza Drive, First Floor, Tallahassee, FL 32301 on this 21st day of April, 2026. 9489 □□ 90 □□ 27 662 □ 82 3 □ fnaui I a. 11,i;-JJ~ Maria A. Guitian Assitant General Counsel 5

STATE OF FLORIDA OFFICE OF FINANCIAL REGULATION Case No: 134038 Mortgage Xpress LLC 1410 Valley Road, Suite 201 Wayne, New Jersey 07470 ELECTION OF PROCEEDING I have received and read the Administrative Complaint, Including the Notice of Rights, filed by the Office of Financial Regulation (''Office") regarding the above-referenced Respondent, and I am requesting disposition as indicated below. PLEASE SELECT ONLY ONE OF THE OPTIONS: OPTION #1: D I do not request a hearing in this matter. I do not dispute any of the Office's factual allegations and conclusions of law as stated in the Administrative Complaint. I understand that upon my waiving the right to a hearing, the Office may enter a final order adopting the findings of fact and conclusions of law in the Administrative Com laint and im sin the enaltles sou ht In the Administrative Com lalnt. OPTION #2: D I do not dispute any of the Office's factual allegations but dispute the Office's conclusions of law to those factual allegations, and request disposition of this matter by informal hearing pursuant to section 120.57(2), Florida Statutes. I request to (CHECK ONLY ONE OF THE FOLLOWING 2 OPTIONS): a. D Attend a hearing by video teleconference before a Hearing Officer appointed by the Office; OR b. D Submit a written statement with supporting documentation to a Hearing Officer appointed by the Office. OPTION #3: D I do dispute one or more of the Office's factual allegations. I request a formal hearing before the Division of Administrative Hearings (DOAH) pursuant to section 120.57(1), Florida Statutes. In accordance with Rule 28-106.2015(5)(c), FAC, I am attaching a copy of the material facts that I dispute. TO PRESERVE YOUR RIGHT TO A HEARING, A RESPONSE MUST BE FILED WITH THE OFFICE OF FINANCIAL REGULATION AGENCY CLERK NO LATER THAN 5:00 P.M. ON OR BEFORE THE TWENTY-FIRST DAY AITTR REalPT OF THE ADMINISTRATIVE COMPLAINT, BY ANY OF THE FOLLOWING METHODS:

1. By email: Agency.Clerk@flofr.gov; or
2. By U.S. Mail: P.O. Box 8050, Tallahassee, Florida 32314-8050; or
3. By hand delivery: Office of General Counsel, Suite 504, Fletcher Bldg., 101 E. Gaines Street, Tallahassee, FL 32399. Signature of Respondent or Mailing Address Authorized Representative of Respondent Printed Name & Title City State Zip Date E-mail Address Telephone Number Form: OFR-GC-13 (rev. 1/28/2026) Page 1 of 2

Case No: 134038 Mortgage Xpress LLC 1410 Valley Road, Suite 201 Wayne, New Jersey 07470 STATE OF FLORIDA OFFICE OF FINANCIAL REGULATION **YOU ARE TO COMPLETE THE FOLLOWING ONLY IF YOU HAVE CHECKED OPTION #3 ON THE PRECEDING PAGE. If you need more space, you may provide additional pages. As Respondent or the authorized representative of Respondent, I am disputing the following material facts: Signature of Respondent or Authorized Representative Form: OFR-GC-13 (rev. 1/28/2026) Page 2 of 2 Date

.d uNITEDST/J.TES POST/JL SERVICE June 1, 2026 Dear Amber Hopkins: EXHIBITB The following is in response to your request for proof of delivery on your item with the tracking number: 9489 0090 0027 6620 8203 90. Item Details Status: Status Date / Time: Location: Postal Product: Extra Services: 'Shipment Details Weight: Recipient Signature Signature of Recipient: Address of Recipient: Delivered, Left with Individual April 29, 2026, 2:09 pm WAYNE, NJ 07470 First-Class Mail® Certified Mail™ Return Receipt Electronic 3Ib, 15.1oz Note: Scanned image may reflect a different destination address due to Intended Recipient's delivery instructions on file. Thank you for selecting the United States Postal Service® for your mailing needs. If you require additional assistance, please contact your local Post Office™ or a Postal representative at 1-800-222-1811. Sincerely, United States Postal Service® 475 L'Enfant Plaza SW Washington, D.C. 20260-0004