2026-07-16
Added · Updated
The Office of Financial Regulation approves a Stipulation and Consent Agreement resolving an administrative proceeding against Aspire Mortgage Advisors LLC and Walid Nabil Elibiary for failing to notify the regulator of insufficient net worth. The Respondents must pay a $3,500 administrative fine upon execution of the agreement and cease future violations of Chapter 494, Florida Statutes. In exchange, the Office will issue the Respondents' 2026 mortgage lender license renewal within one business day of the Final Order's entry.