Regulatory Alerts2026-07-17
Added · Updated
Final Order — Vertical Lending Services, LLC and Michael Ryan Nolen
The Office of Financial Regulation approves a Stipulation and Consent Agreement with Vertical Lending Services, LLC and Michael Ryan Nolen, resolving allegations that they failed to report accurate information on Mortgage Call Reports in violation of Florida Administrative Code Rule 69V-40.176(1). The Respondents are required to pay an administrative fine of $2,000 and must cease and desist from future violations of Chapter 494, Florida Statutes. This order concludes the administrative matter and incorporates the agreement's terms as the Office's Findings of Fact and Conclusions of Law.
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