Regulatory Alerts2023-06-02
Added · Updated
Notice of Automatic Suspension, Intent to Revoke and Refuse to Renew Mortgage Broker License for L.A. Mortgage One LLC
The Banking Commissioner automatically suspended L.A. Mortgage One LLC’s Connecticut mortgage broker license effective March 13, 2023, due to the failure to maintain a required surety bond. The Commissioner intends to revoke and refuse to renew the license unless the Respondent requests a hearing within fourteen days of receiving the notice. A hearing, scheduled for July 26, 2023, allows the Respondent to present evidence; failure to request a hearing or appear will result in the admission of allegations and the issuance of an order revoking and refusing to renew the license.
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